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[时事] 国内英语资讯:China expects G20 Hamburg summit to reach consensus on free trade: official

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HAMBURG, Germany, July 6-- China is expecting that the upcoming G20 Summit scheduled to kick off on Friday in northern Germany city of Hamburg can reach consensus on free trade, Chinese Vice Minister of Finance Zhu Guangyao said here Thursday.

Addressing a news briefing here, Zhu said the summit is important for members to enhance coordination in macro policy, and use fiscal and monetary policies as well as structural reform to achieve a healthy and sustainable development of global economy.

He said during last year's Hangzhou summit, the G20 leaders established the principle of supporting a multilateral free trade regime that is transparent, rule-based, and with WTO as its core.

"Different countries benefit from the free trade at different stages. The important task for us right now is to balance the relationship between free trade and the principle of equality," he said.

"We are confident that important consensus can be reached after in-depth discussions at this year's summit," he added, noting that China has always been participating in, supporting and contributing to as well as benefiting from the current global trade system.

As a supporter for economic globalization, Zhu said China, through the Belt and Road Initiative and strengthened cooperation on building a community of shared future for all mankind, is ready to work with various parties in the international arena to bring more benefits to people around the world.

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