Priority should be given to G20 - a new emerging thing (2)

15:54, June 29, 2010      

Email | Print | Subscribe | Comments | Forum 

At the Third Summit held in Pittsburg in September 2009, G20 leaders agreed to turn their organization into an important platform for conferring on or disposing of global financial and economic issues, and this decision is very appropriate and far-sighted.

The Group of 20 represents around two/thirds of the global population while its combined gross domestic product (GDP) and trade value account for 85 percent and 80 percent of the global GDP and trade value respectively. So, it is hard to find or sort out the second biggest global organization like the G20 in term of capacity, with the exception of the United Nations.

The countries around the globe have turned increasingly more mutually interdependent at present, and the world is being confronted with common challenges, which are so grim and stark and, at the spur of these two factors, there is a greater call for beefing up global management or governance. So, what the G20 does is definitely crucial moves aimed to enhance global management.

It is foreseeable that the G20 will go on upgrading its role in international relations. To date, the United Nations has become the most representative world body while the G20 is prestigious for its efficiency in coping with the global financial crisis, but its legitimacy has to be further upgraded. So, there is a need to integrate the legitimacy of the United Nations with the effectiveness of the G20, in a bid to improve the global management. Hence, this idea is by no means groundless.

As an important member of the G20, China has actively partaken in and immensely contributed to the success of all four previous G20 summit meetings since 1999, and it shows the nation's role is by no means insignificant and China has actually moved into the center stage from its arena fringes.

Like all new-born things on earth, which have been reported with weakness, the G20 has its own fragility and instability, and needs all the more to be tended with a meticulously care; a charter or a set of rules on the G20 should be formulated, as the related endeavor is very much required for the sake of world progress and in the interests of the humankind.

By People's Daily Online and contributed by Wu Jianmin, the popular PD guest commentator as well as a member and vice-president of the European Academy of Sciences

【1】 【2】


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • A man visits "Thy Word Is Truth, the Bible Ministry Exhibition of the Protestant Church in China", during its opening at Mount Vernon Place United Methodist Church in Washington DC, capital of the United States, Sept. 28, 2011. Through the Bible's various Chinese versions, ancient or modern, as well as pictures, paintings, calligraphy, art works and historical documents, the exhibition was expected to give an overall understanding of how Bible was brought into China, how it was translated, published, distributed and loved. (Xinhua/Zhang Jun)
  • A visitor passes by in the exhibition of Istanbul design week on Sept. 28, 2011 in Istanbul, Turkey. Istanbul design week will be hosting designers and design exhibitions from around the world in Istanbul from Sept 28 to Oct 2 with the participation of 25 countries. (Xinhua/Ma yan)
  • Red flag flies at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 28, 2011. A spokesperson with China's manned space program said Wednesday that fuel has been injected into the Long March-2FT1 carrier rocket in preparation for launching the Tiangong-1 space module Thursday evening as planned. (Xinhua/Wang Jianmin)
  • A militant loyal to the Libyan National Transitional Council (NTC) waves in a tank near Bani Walid, one of the pro-Muammar Gaddafi strongholds, on Sept. 28, 2011. (Xinhua/Hamza Turkia)
  • Jewish worshippers pray at the Western Wall, Judaism's holiest prayer site, in Jerusalem's Old City on Sept. 28, 2011, ahead of Rosh Hashanah, the two-day Jewish new year which will begin at sunset on Sept. 28 and conclude at nightfall on Sept. 30. (Xinhua/Muammar Awad)
  • High school student Johanna Choapa is helped by her father after announcing the end of hunger strike in Santiago, capital of Chile, on Sept. 28, 2011. The end of the strike took place to make way for a dialogue with the government, seeking to resolve the four-month crisis in the education sector. (Xinhua/Jorge Villegas)
Hot Forum Discussion