The 2016 G20 Hangzhou summit was the eleventh meeting of the Group of Twenty (G20). It was held on 4–5 September 2016 in the city of Hangzhou (province of Zhejiang). It was the first ever G20 summit to be hosted in China[3] and the second Asian country after 2010 G20 Seoul summit was hosted in South Korea.
Pollution in China
In the days before the G20 Hangzhou summit, only some vehicles were allowed through the city, construction sites were stopped, inhabitants received a week-long holidays (and were encouraged to leave the city) and factories in the region (including more than two hundred steel mills) were asked to stop their production (in order to temporarily reduce air pollution).
Global warming
On 3 September 2016, Barack Obama and Xi Jinping announced the ratification of the Paris Agreement (of the 2015 United Nations Climate Change Conference) by their countries. After they did it, it is 26 countries which have ratified the agreement so far; the United States and China represent respectively 18 percent and 20 percent of global carbon dioxide emissions (the driving force behind global warming).
Economic statements
The main themes final communiqué of the summit are:
Fight against tax evasion (asking the Organisation for Economic Co-operation and Development for a black list of tax heavens).
Favour international trade and investments and opposition to protectionism.
Fiscal stimulus and innovation to boost economic growth.
Combating "populist attacks" against globalisation.
Strengthen support for refugees.
0 Comments