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INNOVATION

Premier Li said that now world economic recovery remains slow and global trade is sluggish. Meanwhile, the idea of "de-globalization" is emerging, as represented by protectionism and isolationism; geopolitical risks are increasing; and Britain's exit from the EU has brought new complexities to the world situation. This important roundtable is being held at a time when the world economic development is at a crucial stage. Being the first collective dialogue between the Chinese government and major international economic and financial institutions, the roundtable demonstrates China's readiness to strengthen communication with the international community. We hope that all sides will have a correct reading of the development trend in the world, put forth good policies to spur world economic growth, and work together to promote economic recovery, stabilize the financial sector and guide market expectations. Premier Li raised the following five proposals at the roundtable:

The Indian prime minister said his country and China need to boost communications and mutual support to ensure successes for the G20 summit scheduled next month in China's city of Hangzhou as well as the BRICS summit to be held in the Indian state of Goa in October.

"Presently, China is promoting the Belt and Road Initiative and is further opening up to the outside world. If Myanmar can realize domestic peace, it can take a free ride on China's rapid development," said Lei Zhuning, a researcher with the Yunnan Academy of Social Sciences.

BEIJING, Aug. 28 (Xinhua) -- President Xi Jinping on Sunday called for acceleration of independent research, development and manufacturing of aircraft engines and gas turbines to make China an aviation industry power.