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Idea of inclusive development to be retained in Germany's G20 presidency

Xinhua, December 3, 2016 Adjust font size:

The idea of inclusive development will be retained in Germany's Group of 20 (G20) presidency, a Chinese official said Friday.

Chinese Vice Finance Minister Zhu Guangyao made the remarks at a G20 finance and central bank deputies meeting in Berlin.

Citing the blueprint for strong, sustainable, balanced and inclusive world economic growth set in the G20 Hangzhou Summit in September, Zhu said the international gathering has "substantially promoted the global economic governance and produced historical fruits."

Germany's emphasis on securing the continuity of these consensus reflects its commitment to further enhancing them, said Zhu.

The just concluded meeting in Germany set the work priorities of G20 members in the next year. Participants vowed to boost the tenacity of the global economy, increase investment in Africa and develop digital economy.

Germany took over the G20 presidency from China earlier this month. German Finance Minister Wolfgang Schaeuble thanked China. "The excellent work carried out by China means that we are starting out from a good base," he noted. Endi