G20 Summit to help China play better role
The global economy faced many challenges in 2015. In fact, it registered the lowest growth rate in six years, owing to factors such as very low growth of global trade, steep falls in commodity prices and increasing fluctuations in the international financial market.
This has raised concerns worldwide over what the global economic trend in 2016 will be. Will the global economy continue its slide? Or, will it rebound after bottoming out?
As a major driver of world economic growth, China is expected to continue playing a positive role in bolstering global economic recovery, and the G20 Summit in Hangzhou, East China's Zhejiang province, in September will help it do so.
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