I am honoured to address the International Finance Forum at a time when global development is at a critical stage.
Last year in New York, world leaders agreed to the 2030 Agenda for Sustainable Development – an ambitious programme for people, peace, prosperity and the planet.
In Paris, we arrived at a historic universal agreement on climate change.
And in Addis Ababa, we agreed to mobilize the resources and technology needed through a strengthened global partnership.
But these historic agreements come against a backdrop of weak demand and great volatility. We need economic stimulus and structural reforms to achieve sustainable growth.
So the theme of this conference - “F20 Initiative: Reshape the Essence of Finance” – is very timely.
We must create an international financial system in which financial flows are aligned with our common vision for sustainable development.
China’s approach towards these challenges will be critical. I commend the approach of the Hangzhou Summit towards promoting sustainable growth in this post-crisis era.
I send you my best wishes for a successful conference.