G20 Leaders Kick off Discussion in London
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Leaders from the Group of 20 industrialized and emerging economies kicked off their one-day discussion in London on Thursday. They are expected to have a busy day of intensive talks. A joint communique will be issued at the end of the summit.
Expectations are high that the leaders of the world's largest economies would be committed to a coordinated response to the economic crisis, an overhaul of the global financial architecture and restraint from protectionism.
The leaders will be aiming to enhance coordination of a global fiscal stimulus, reach a consensus on increasing loans to the IMF, and reaffirm commitment to anti-protectionism to help restore global sustainable economic growth and stabilize the financial market.
(CCTV April 3, 2009)