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G20 summit to open on Sunday www3.nhk.or.jp
Leaders of 20 industrialized and emerging economies will meet in China on Sunday to discuss challenges facing the global economy.
The Group of 20 summit will be held for 2 days in Hangzhou, Zhejiang Province. Participants include Prime Minister Shinzo Abe, US President Barack Obama, and Chinese President Xi Jinping.
The summit comes at a time when the global economy faces downward risks such as the slowdown in emerging economies, Britain's decision to leave the European Union, and frequent terrorist attacks.
High on the agenda is how countries will cooperate to maintain a sustainable growth.
China, the chair country, has called for stepping up structural reform to ease excessive global production. It also hopes to expand trade and investment as a driving force for a new growth.
Attention is focused on whether the leaders can agree on implementing monetary, fiscal and structural policy measures to eliminate protectionism.
The leaders are holding bilateral talks on the sidelines of the summit. Experts suggest they are discussing security issues, such as the situation in the Korean Peninsula and anti-terrorism measures, as well as economic issues.
Published Date:2016-09-04
