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Nursultan Nazarbayev. G20 - China 2016

12 Декабрь 2016
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Nursultan Nazarbayev addressed the first session of G20 Summit in Chinese Hangzhou

  • Stake on new industrial revolution, digital economy and innovations
  • World economy, trade and cash flow growth rate is decreasing
  • New stage of the world markets turf war begins?

Stake on new industrial revolution, digital economy and innovations

On Sunday, September 4, at G20 Summit, Nursultan NAZARBAYEV proposed to consider G-Global info-communication platform as center for dialog between the G20 and developing countries.

As a measure aimed to recover economy worldwide, it is currently proposed to stake on new industrial revolution, digital economy and innovations. I fully agree with this approach. This task is only possible to be implemented under the principles of inclusiveness. It is necessary to define the center for dialog between the G20 and developing countries. I propose to consider G-Global info-communication platform created in Kazakhstan and open for all the participants as a variant. This platform unites over 30 thousand experts from 140 countries, he said at the first session of the Summit.

World economy, trade and cash flow growth rate is decreasing

The Head of the State thanked Xi Jinping, the Chairman of the PRC, for invitation to the Summit and for the hospitality of Hangzhou. He said this G20 Summit gathers at a very difficult time full of hopes. World economy, trade and cash flow growth rate is decreasing. This influences the well-being of millions of people.

New stage of the world markets turf war begins?

Establishing new trans-continental trade and investment associations may cause the decrease of the WTO role and fragmentation of world economy. These processes may be the beginning of new stage of world markets turf war. The way global development will follow in large part depends on teamwork of all the global society, N. Nazarbayev highlighted.

On September 1, by the invitation of Xi Jinping, the PRC Chairman, N. Nazarbayev had arrived to China to participate in G20 Summit held on September 4-5 in Hangzhou.

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