G20 Trade Ministers to Meet in Shanghai in July

The G20 Trade Ministers Meeting will be held in Shanghai on July 9, 2016 to discuss ways to boost trade and investment cooperation, a commerce official said Wednesday.

The two-day meeting will be held in advance of the G20 Hangzhou Summit, which is slated for Sept. 4 and 5. China took over the G20 presidency in December last year.

“Global trade plays a weakened role as an engine for economic growth as its growth loses steam. Therefore, G20 members have a strong will to strengthen trade and investment cooperation,” Ministry of Commerce (MOC) spokesperson Shen Danyang said at a press conference.

The G20 Trade and Investment Working Group was established this year based on a proposal from China.

The meetings of trade ministers and the working group will allow G20 members to hold in-depth talks on topics including trade and investment mechanisms, global trade expansion and multilateral trading system development.

Feb. 17, 2016 on China Daily

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