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G20 Summit: Xi Jinping advocates innovative growth

It is the first time in the G20’s history that innovative growth was put on a summit agenda. At the Hangzhou Summit, Chinese President Xi Jinping emphasized the importance of innovation in the context of global economic development, saying that the decision has been made to create a new path and expand frontiers for the world economy through innovation, structural reform, new industrial revolution, and the development of the digital economy.

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