Comments by Xu Xiujun, associate researcher with the Institute of World Economy and Politics at the Chinese Academy of Social Sciences; comics drawn by Wang Dongjie

Chinese President Xi Jinping on Nov 15 attended the tenth summit of the Group of Twenty (G20) themed, "collective action for inclusive and robust growth." Earlier, Xi attended a meeting of the leaders of BRICS (Brazil, Russia, India, China and South Africa) countries, and delivered a speech calling for more collaboration on common development.

In the afternoon, Xi delivered a speech and proposed to strengthen coordination on macroeconomic policy, innovation-driven development and an open world economy for boosting global growth.

The international situation is changing and the global economy is experiencing profound adjustments and a slow recovery.

As the "engine" to drive global economic growth and an important participant in global economic governance, Beijing introduced the 13th Five-Year Plan (2016-2020), highlighting development ideas of innovation, coordination, green development, opening-up and sharing.

China called for the transition of G20 from a mechanism of addressing risks to long-term economic governance, the construction of an open global economy, anti-protectionism, adoption of responsible macroeconomic policy to guide development of the G20 for greater economic balance, inclusiveness and sustainable development.