G20 is the most important mechanism for solving global economic problems, President of Kazakhstan Nursultan Nazarbayev said.
"Currently, the G20 is viewed as the most important mechanism for solving global economic problems, coordinating macroeconomic policies of its member states, and reforming the global financial architecture," TASS cited him as saying.
According to Nazarbayev, the G20 will once again demonstrate its ability to ensure the stability of the global economy. "As the country chairing the summit, China is chiefly banking on innovation, a new industrial revolution and the digital economy. Kazakhstan fully supports this choice", he added.
"I hope that common sense will prevail in international politics and the international community will find the strength to work together to solve mankind’s pressing problems," he said.
The Chinese Foreign Ministry reported that Nursultan Nazarbayev is on a working visit to China from September 1 to 5, 2016.
The Group of Twenty summit is scheduled to be held in the Chinese city of Hangzhou on September 4-5.
