Publication

As China’s 2016 G20 presidency continues, this paper contemplates 1) the benefits of opening up the country’s services sector, both domestically and internationally; 2) the successes and remaining gaps in the G20 financial regulatory agenda; and 3) the G20's approach to setting targets and combating climate change. In terms of the service sector, greater access would not only confirm Beijing’s commitments to structural reform and an open trading and investment system, it would also inject necessary dynamism into its new growth model. In the case of climate change, no one should expect G20 Leaders to take additional action beyond the Paris Agreement. Finally, in terms of setting targets, China, Germany and future G20 hosts should make every effort to meet existing G20 targets for growth and employment.