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Politics

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

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2016-09-05 19:20:27Xinhua Feng Shuang ECNS App Download

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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