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Xi Jinping: We Need to Enhance International Macro-economic Policy Coordination to Prevent the World Economy from Falling into Recession
2020-03-26

On the evening of March 26, 2020, President Xi Jinping attended the G20 Extraordinary Virtual Leaders' Summit on COVID-19 in Beijing.

Xi Jinping stressed, the outbreak has disrupted production and demand across the globe. Countries need to leverage and coordinate their macro policies to counteract the negative impact and prevent the world economy from falling into recession. We need to implement strong and effective fiscal and monetary policies, better coordinate financial regulation and jointly keep the global industrial and supply chains stable.

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