27, Chinese President Hu Jintao held in Toronto, the Group of 20 leaders of the Fourth Summit, entitled" work together to create the future" speech.

Hu Jintao pointed out that, as soon as possible in order to promote the world economy into a strong, sustainable, balanced growth, I would like to propose the following.

Firstto promote the Group of 20 from the international financial crisis shifted the effective mechanism to promote international economic cooperation, the main platform.Currently, the world economic situation is still very complex, requiring 20 to play a leading role in the Group.We should focus on long-term, to promote the Group of Twenty shift from coordination of costimulatory growth, short-term emergency shift from long-term treatment, should shift from passive to active planning.Twenty members of the Group to strengthen macroeconomic policy coordination, to maintain a reasonable policy efforts to support the occurrence of sovereign debt crisis countries to overcome the current difficulties.To carefully sound grasp of the economic stimulus exit timing, rhythm, intensity, and consolidate the momentum of world economic recovery.To fully implement the summit, the first 3 times to make decisions and reach consensus, and jointly safeguard the credibility and effectiveness of the Group of 20, in line with step by step, the principle of mutual benefit and win-win mechanism to promote the construction of the Group of Twenty, properly handle contradictions and differencesto ensure that the Group of 20 summit mechanism to develop in a healthy track.We should properly handle the Group of Twenty mechanisms with other international organizations and multilateral mechanisms for the relationship to ensure that the Group of 20 in promoting international economic cooperation and global economic governance to play a central role.

secondaccelerate the establishment of a fair, equitable, inclusive and orderly international financial order.We should bear in mind the profound lessons of the international financial crisis, radical reform, the right medicine in line with simple, easy to principles of accountability to promote international financial regulatory reform, the establishment of real economic development is conducive to the international financial system.To establish and implement strict capital and leverage requirements, the shadow banking system into the monitoring, the development of global uniform accounting standards.To focus on the importance of strengthening the system of supervision of financial institutions to take necessary precautionary measures to prevent excessive risk speculation.To emphasize the core principles and standards of international regulatory consistency, taking fully into account differences in the financial markets in different countries, and improve the relevance and effectiveness of financial supervision.To enhance the supervision of credit rating agencies to reduce reliance on credit rating agencies, improve the credit rating agencies conduct and accountability, particularly to develop objective, fair, reasonable and uniform methods and criteria for sovereign credit ratings to the ratingsresults accurately reflect a country's economic situation and credit rating.To continue to promote the reform of international financial institutions to speed up the completion of the International Monetary Fund share of the adjustment, push for more staff in emerging markets and developing countries, as executives of international financial institutions to improve the representation and voice of developing countries.International Monetary Fund to strengthen capacity building and supervision of the reform, to strengthen all the major reserve currency, especially macroeconomic policies of economic supervision.

thirdto promote the construction of an open and free global trading system.We must take concrete action against all forms of protectionism, strong advocacy and support of free trade, continued commitment and strict implementation of the right goods, investment and services as new restrictions.Developed a more open attitude to the promotion of international trade development, in line with mutual benefit, common development, adhere to dialogue and consultations to properly handle trade friction.In accordance with the Doha mandate to maintain and lock the existing achievements, based on existing text-based negotiation principles, to promote the Doha Round negotiations, comprehensive and balanced outcome of the development round as soon as possible to achieve goals.

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