China Financial Daily

Foreign media said the financial summit may make a historic step to establish a new international order
At the G20 finacial summit, 20 countries and regions including G7 and new coutries,  decided to take “joint responsibility”, in order to the global economy damaged by the financial crisis. Despite of different in some issues, the summit may make a historic step to establish a new international order.

Global financial system had better be improved than be overthrowed
With global financial crisis breaking out and the effect of crisis on economy gradually emerging, people’s discontentment suddenly rose for current international financial system which core is dollar-based system and International Monetary Fund (IMF) as a global financial supervision center.

It is gratifying outcome of the G20 summit, but the road to reform is still a long
It is generally put the G20 summit with the “Bretton Woods” in 1944 in the same breath and thought that the summit will create a new international financial system as a international financial milestone event of contemporary history.

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