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When the forum was first established in 2000, trade volume between China and Africa stood at 10 billion dollars.

Frequent social and environmental issues warn us that extensive growth causes bottlenecks on natural resources and environmental protections.

Tristram Sainsbury, a research fellow at the Sydney-based Lowy Institute for International Policy, hailed the Chinese presidency as one of the "most highly anticipated" years in the G20's short history as a high-level forum.

China is willing to strengthen communication and coordination with Canada in multilateral mechanisms such as the United Nations, G20 and Asia-Pacific Economic Cooperation (APEC) so as to promote peace, stability and prosperity in the Asia-Pacific region and the world at large.

Pritzker and Froman stressed the fundamentality of a transparent policy-making process, according to the press release, adding that the United States welcomes China to deepen reform and opening-up, promote the rule of law and enhance innovation.