The 2016 B20 Policy Recommendations Report Condensed The Wisdom Of The Global Business Community.

In 2016, the summit of the group of twenty Business Summit (B20 Summit) ended in Hangzhou, China.

B20, also known as the business activities of the group of twenty, is an important part of G20. It was founded in 2010 and is an important platform for the international business community to participate in global economic governance.

Many of the policy recommendations put forward by B20 have been adopted by the G20 summit communiques and become important action measures.

At the B20 summit, the 2016 B20 policy recommendations report, which condensed the wisdom of the global business community, was submitted to the G20 summit in Hangzhou, and put forward 20 policy recommendations for the G20 summit.

At the B20 summit,

"It's a hot word.

B20 recommends the implementation of G20 intelligent innovation initiative. The main content of the initiative is to provide a platform for public institutions and private enterprises to achieve collaboration and sharing of knowledge, resources and technology through the implementation of the G20 exchange project, the establishment of the G20 innovation visa scheme, the establishment of G20 technology innovation fund, the creation of G20 technology innovation sharing platform, and the construction of the G20 brain platform.

This will bring new opportunities for development of the new economy represented by the Internet.

Yao Jinbo, chief executive of the 58 group, said: "the pformation of the traditional economy will accelerate the dependence on the new economy.

The Internet industry itself is a very fast developing sector in the new economy. The future development will emphasize innovation, green, sustainability and so on.

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At the B20 summit, the proposal of the "world electronic trading platform (eWTP)" sparked heated debate among the participants.

This is also an important part of the 2016 B20 policy recommendations report.

The concept of "eWTP" was put forward to promote public-private dialogue in cross-border electricity business.

The recommendations include specific measures to hatch cross-border activities.

Rules, through the improvement of infrastructure, and other ways to promote

And the development of digital economy, helping small and medium enterprises and even individuals to participate in the global economy with the Internet.

Lu Yi Ji, chairman of the China digital society, highly commented: "digitalization is the key to economic development, helping the global economy develop again.

One of the most relevant initiatives is'eWTP', which has been approved by B20. We also hope G20 can pass it.

This initiative is very important for the development of e-commerce. Especially for small and medium enterprises, this initiative has created a new platform led by the private sector, which will bring opportunities for the development of cross-border e-commerce.

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"Strengthening global infrastructure interconnection" is also a hot topic at the B20 summit. It is also one of the policy recommendations submitted by B20 to G20.

Andrew Raab, deputy director of the financial and business affairs department of the OECD, said that the interconnection of global economy, including the "one belt and one road" infrastructure construction, is very important.

This "B20 policy proposal report" has more "Chinese imprints". Chinese business representatives actively participated in the drafting process of the report, contributed to China's wisdom and received positive affirmation from the international business community.

Gimoman, chairman of the China Chamber of Commerce in the United States, said: "what I am looking forward to is that China will continue to play a positive, constructive and leading role in global economic governance.

Because China is the second largest economy in the world, our business community in the United States hopes that China will play a more active role.

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