Third, promote sustainable recovery of the world economy. The impact of the crisis is as strong as ever and is unlikely to disappear anytime soon. A nascent economic recovery needs our care, just as a green shoot needs sunshine and water. Countries should increase consensus, strengthen coordination of macro-economic policies, pursue responsible fiscal and monetary policies that fit their national conditions and maintain the consistency of the macro-economic policies. We should accelerate reform of the international financial system, intensify international cooperation on financial regulation, establish an effective early-warning and crisis management system, increase transparency of financial markets and raise the capacity to fend off and respond to potential risks so as to bolster financial stability and sustainable economic growth.

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