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World economy can't rely merely on fiscal, monetary policies: Xi

Source: Xinhua 2016-09-05 19:13:23

HANGZHOU, Sept. 5 (Xinhua) -- Chinese President Xi Jinping told reporters on Monday that merely relying on fiscal and monetary policies does not work for the world economy.

"We are determined to break a new path for growth to inject new vitality into the world economy," Xi said at a press conference after the Group of 20 (G20) summit concluded in Hangzhou.

A G20 Blueprint on Innovative Growth was passed at the summit, Xi added.

World economy can't rely merely on fiscal, monetary policies: Xi

Source: Xinhua | 2016-09-05 19:13:23 | Editor: huaxia

HANGZHOU, Sept. 5 (Xinhua) -- Chinese President Xi Jinping told reporters on Monday that merely relying on fiscal and monetary policies does not work for the world economy.

"We are determined to break a new path for growth to inject new vitality into the world economy," Xi said at a press conference after the Group of 20 (G20) summit concluded in Hangzhou.

A G20 Blueprint on Innovative Growth was passed at the summit, Xi added.

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