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BRISBANE Julien Davenport Color Rush Jersey , Australia, Nov. 15 (Xinhua) -- Australian Prime Minister Tony Abbott said here on Saturday the objective to boost world growth by more than 2 percent by 2018 and create more jobs would be attained through joint efforts of G20 members.
"We believe that as a result of the work that we will do, the world can grow by more than 2 percent more over the next five years than would otherwise be the case and that is millions of jobs and trillions of dollars in extra production," Abbott said while delivering a speech at the opening of the First G20 Plenary Session.
The Australian prime minister emphasized on free trade, more infrastructure, structural reforms and fiscal consolidation to follow through on their promises.
"There are problems in the Middle East DOnta Foreman Color Rush Jersey , there are problems in Eastern Europe, there are terrible problems in West Africa. Our growth has been fragile, but the message that should come from us over these next two days is a message of hope and optimism," he said.
At the finance ministers meeting held earlier on Saturday, G20 members decided to fund the massive infrastructure needed around the world over the next few decades through a better partnership with the private sector.
Structural reforms at the domestic front and collective actions at the international level to remove imbalance and distortions in individual economies were also among the major topics discussed.
The G20 economies account for around 85 percent of the world's gross domestic product, 75 per cent of the world's trade Zach Cunningham Color Rush Jersey , and 65 percent of the world's population.
Apart from economic issues, the leaders also talked about the fight against Ebola and agreed to address the terrible human and economic impact of the outbreak in Guinea, Liberia and Sierra Leone.
The governments and people of Guinea, Liberia and Sierra Leone are making tremendous efforts to fight the outbreak, with the support of the African Union and other African countries, according to the G20 Leaders' Brisbane Statement on Ebola.
"G20 members are committed to do what is necessary to ensure that the international effort can extinguish the outbreak and address its medium-term economic and humanitarian costs Deshaun Watson Color Rush Jersey ," read the statement.
BEIJING, Nov. 26 (Xinhua) -- The monopoly of state-owned defense contractors is fading further into memory, as the People's Liberation Army (PLA) has opened its tender process to private sector players.
The PLA General Staff Headquarters in November released 108 defense items open for tender, encouraging private players to take part in product-related research, development and production.
The move has been lauded for ensuring the military will have its "cannons" while private contractors can reap "bread," according to Tuesday's PLA Daily.
It is also cost-efficient and will optimize the distribution of military resources Whitney Mercilus Color Rush Jersey , as private enterprises often boast advanced innovative approaches. Tapping into their expertise and facilitating civil-military integration will better serve PLA's needs, the newspaper said.
The 108 items open for bidding included medical dummies used by army doctors and early warning fighter and aircraft carrier simulators, as well as cutting-edge technology including big-data processing and cloud computing.
At a military exhibition in Beijing last week, 75 percent of the 347 items on display had been developed by civilian enterprises. One-hundred-and-seventeen defense industry companies and civilian enterprises have since submitted proposals related to 106 of the items on the bidding list.
Many private companies have proven expertise in cloud computing and big data processing, and civil-military integration will advance the military, Senior Colonel Zhang Junshe Johnathan Joseph Color Rush Jersey , who works for the PLA Navy, told the Beijing Youth Daily.
As a result of this initiative, military spending will be used more efficiently in areas such as confidential armament development, which is not suitable for private sector involvement, Zhang said, adding that there would be more opportunities for civilian collaboration as demand increase.
However Jadeveon Clowney Color Rush Jersey , according to military insiders, there has been limited interest in the tenders as the projects on offer are not to be mass produced but rather focus on indepth preliminary research and development.
China has been gradually opening its defense market to the private sector since 2005.
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