第一，建设创新型世界经济，开辟增长源泉。创新是从根本上打开增长之锁的钥匙。以互联网为核心的新一轮科技和产业革命蓄势待发，人工智能、虚拟现实等新技术日新月异，虚拟经济与实体经济的结合，将给人们的生产方式和生活方式带来革命性变化。这种变化不会一蹴而就，也不会一帆风顺，需要各国合力推动，在充分放大和加速其正面效应的同时，把可能出现的负面影响降到最低。First, we need to build an innovative world economy to generate new drivers of growth. Innovation holds the key to fundamentally unleashing the growth potential. The new round of scientific and industrial revolution with Internet at its core is gathering momentum, and new technologies such as artificial intelligence and virtual reality are developing by leaps and bounds. The combination of the virtual economy and the real economy will bring revolutionary changes to our way of work and way of life. Such changes will not take place overnight or be problem-free. They require all countries to work together to maximize and quicken their positive effects while minimizing the potential negative impacts.

中方把创新增长方式设定为杭州峰会重点议题，推动制定《二十国集团创新增长蓝图》，目的就是要向创新要动力，向改革要活力，把握创新、新科技革命和产业变革、数字经济的历史性机遇，提升世界经济中长期增长潜力。这是二十国集团首次围绕创新采取行动，我们要把各国实施创新政策的力量汇集一处，做到理念上有共识、行动上有计划、机制上有保障。我们要针对全球经济增长低迷的突出问题，在宏观经济政策上进行创新，把财政货币和结构性改革政策有效组合起来。China has made "breaking a new path for growth" one of the major agenda items of the Hangzhou Summit and has worked for the formulation of a G20 Blueprint on Innovative Growth. What we want to achieve is to seek impetus through innovation and vitality through reform. We need to seize the historic opportunity presented by innovation, new scientific and technological revolution, industrial transformation and digital economy to increase medium- and long-term growth potential of the world economy. This will be the first time that the G20 takes action on innovation. It is important for us to pool together the strength of innovation-oriented policies of individual countries and make sure that our action is guided with conceptual consensus, and implemented according to concrete action plans with sufficient institutional guarantee. In light of the pronounced issue of lackluster global economic growth, we need to innovate our macroeconomic policies and effectively combine fiscal and monetary policies with structural reform policies.

第二，建设开放型世界经济，拓展发展空间。世界经济发展的历史证明，开放带来进步，封闭导致落后。重回以邻为壑的老路，不仅无法摆脱自身危机和衰退，而且会收窄世界经济共同空间，导致“双输”局面。Second, we need to build an open world economy to expand the scope of development. The path of world economic development shows that openness brings progress and isolation leads to backwardness. To repeat the beggar-thy-neighbor approach will not help any country get out of the crisis or recession. It only narrows the space for common development in the world economy and will lead to a "lose-lose" scenario.

“轻关易道，通商宽农。”这是建设开放型世界经济的应有之义。中方把贸易和投资摆上二十国集团重要议程。我们推动二十国集团加强贸易和投资机制建设，制定全球贸易增长战略和全球投资指导原则，巩固多边贸易体制，重申反对保护主义承诺。我们希望通过这些举措，为各国发展营造更大市场和空间，重振贸易和投资这两大引擎。According to the teaching of Chinese classics, "The governance of a country should be based on simple customs procedures, improved infrastructure, convenience for business transactions and preferential agricultural policies." What it implies is the importance of building an open world economy. China has put trade and investment high on the G20 agenda. We support the G20’s efforts as it endeavors to strengthen institution-building in trade and investment, formulate the strategy for global trade growth as well as the guiding principles for global investment policy-making, consolidate the multilateral trading regime and reaffirm its commitment against protectionism. We hope that these measures will open up greater market and scope for the development of individual countries and help revitalize trade and investment, the two major engines of growth.

第三，建设联动型世界经济，凝聚互动合力。在经济全球化时代，各国发展环环相扣，一荣俱荣，一损俱损。没有哪一个国家可以独善其身，协调合作是必然选择。我们要在世界经济共振中实现联动发展。Third, we need to build an interconnected world economy to forge interactive synergy. In the age of economic globalization, countries are closely linked in their development and they all rise and fall together. No country could seek development on its own; and the one sure path is through coordination and cooperation. We need to realize interconnected development by promoting common development of the world economy.