Xi Jinping: G20 needs to stay committed to open world economy

Xi Jinping: G20 needs to stay committed to open world economy

Chinese President Xi Jinping said his country hopes that the Group of 20 major economies (G20) will continue to champion the building of an open world economy.

Xi made the appeal in a signed article published in the Welt newspaper before he travels to Germany for a state visit and the upcoming G20 Hamburg summit.

"The G20 needs to stay committed to open development, support the multilateral trading regime with the WTO at its heart, and enable trade and investment to continue to drive global economic growth," he said in the piece, titled 'To Make the World a Better Place'.

He urged the group to continue "to follow through on the consensus reached at Hangzhou and all its previous Summits and lead the way forward for the world economy."

"This serves the interest of all parties," Xinhua cited him as saying.

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