（September 5, 2016）

Dear colleagues,

Thank you everyone. I have listened attentively to your speeches, and agree with what you said. Your words have inspired me.

Through the discussion, we have agreed to promote international trade growth. To invigorate international trade, this year the G20 has reiterated its stand against protectionism and extended its commitment to standstill and roll-back protectionist measures until 2018, releasing clear signals of resolve. The G20 Strategy for Global Trade Growth formulated this year will contribute to new growth in international trade through strengthening global trade governance, reducing trade costs, coordinating trade and investment policies, advancing trade in services,expanding trade finance, and developing e-commerce.

We have agreed to take further steps in solidifying the status of multilateral trading regime as the core, and to seek effective ways of advancing multilateral trade negotiations. As emphasized by many colleagues, the WTO-led multilateral trading regime is the cornerstone of international trade. The Doha Development Round has yielded quite a few results after 14 years of trade negotiations. Despite divergence of views on the development direction of the multilateral trading regime, we know that our differences are only temporary. All our speakers have reaffirmed their confidence in the multilateral trading regime. Our confidence will prompt us into action to find effective ways of moving forward the multilateral trade negotiations.

We have agreed to better coordinate the relationship between regional trade agreements and multilateral trading regime. To achieve this goal, we should foster our strengths and circumvent our weaknesses, seek benefits and avoid harms. Regional trade and investment arrangements add vigor to the multilateral trading regime and play a pioneering and exploratory role. Regional trade and investment arrangements need to be open, transparent, inclusive and non-discriminatory in order to supplement and integrate into the multilateral trading regime. We should explore new ways of coordinating their development and sharing results of success between the two to improve the multi-dimensional global trade and investment system.

We have agreed to create a good environment for fostering cooperation and coordination in investment policies. As major providers and receivers of global investments, the G20 members should jointly create an open, transparent and conducive global policy environment for investment, adopt a series of measures facilitating investment, bridge differences in the trade and investment policy systems, and safeguard investors' interests. These efforts will boost the confidence of investors across the world and inject new energy into international investment.

We have agreed to improve the global value chains and intensify support for developing countries and small and medium-sized enterprises (SMEs). We should effectively allocate and utilize resources worldwide in order to increase aid for trade to developing countries and strengthen the capacity building of SMEs. In this way, we aim to help enhance their status and benefits in the value chains, leading world trade onto a path of more balanced and inclusive development.

History has repeatedly proved that the beggar-thy-neighbor policy will only harm both sides and win-win results can only be achieved through openness and cooperation. I believe the G20's concerted efforts in trade and investment this year will promote the healthier and more liberalized development of the world economy. As a participant, beneficiary, builder and contributor of global trade, China will further reform in an all-round way, take the initiative in expanding openness and play an active part in building the multilateral trading regime. China is ready to work hand in hand with other G20 members in creating a more open global trade environment of greater liberalization and facilitation.

Dear colleagues, the third session has ended. Now let's take a break at the Heavenly Garden on the fifth floor.