He pointed out that at previous meetings, especially during the time of the financial crisis, the biggest threat to the world economy came from financial or fiscal risks, but this year trade protectionism emerged as the single biggest concern for G20 members and posed as a major risk to global economic growth.
He said that China has so far signed agreements with five African countries, including South Africa and Ethiopia, and since 2015 it has helped train over 900 Africans through workshops on urban environmental management and water pollution control.
He said liability for e-commerce platform operators should depend on the specific facts of a case, adding that imposing other obligations for online safety protection needs more study.
He said he was also pleased to know that the village had been built into a well-off and civilized village while people's livelihood had been improved due to the hardwork and the leadership of the villagers and village organization.
He said he did not expect a total, or even partial deal to be reached at Monday's summit. Given the sticky nature of US-Japan trade negotiations over the past decades, the "complete agreement" that suffices for solving what Trump terms as "a balance sheet thing" may take more bargaining than Trump expects.
He recalled his inspection tours across the country and lauded the achievements that the country made in environmental protection, improvement of people's well-being and the implementation of national strategies such as the coordinated development of the Beijing-Tianjin-Hebei region, the development of the Yangtze River Economic Belt and the construction of the Guangdong-Hong Kong-Macao Greater Bay Area.
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He said employment figures are extremely worrisome. "Job loss, lack of fresh jobs' creation and dwindling demand are making the task of the government formidable.
He said he hopes the Chinese side can address some of the concerns from the US regarding China’s longer-term industrial policy — Made in China 2025 — and issues of technology transfer and intellectual property rights violation, which he thinks are legitimate.
He said that being closed down or bought were the two most likely choices for some small companies, he said.
He said he expected that Chongqing and other cities with free trade zones, such as Shanghai and Tianjin, will continue to witness sustained growth, because the government will boost the domestic economy through further opening up and attracting foreign investment.