What Is The Relationship Between The Stock Market And The G20 Summit?

From the recent market trend, the Chinese stock market seems to be looking for directions. Without other excuses, the positive energy released by G20 summit club is likely to become an excuse to let the flagging stock market shout a cheer to the G20 summit.

Do not ask where the world is good, and look at the good scenery of West Lake! Someone is looking for G20.

Some people looked for local beneficiary stocks, and some said after comparing the stock market performances during the previous G20 summit, they were mixed ups and downs.

I tend to think that the G20 conference will start a long-term bull market, and the Shanghai Stock Index 3000 will be the starting point.

Unlike previous G20 summits, first of all, this is the first time that the G20 summit has been held in China, which can be called the beginning of China's economic globalization. Secondly, this is a new driving force for China's economic pformation, or it will open a new pattern for China and the United States to coordinate global governance. Third, this is the push for China's stock market to further integrate into the global financial market. She will join the "special drawing rights" with China in October this year to become China.

The new mechanism of globalization.

G20 countries account for about 90% of the world's GDP, 80% of Global trade and 40% of the world's total population. This is an informal dialogue under the framework of the Bretton Woods monetary system.

The new concept of this meeting is "tolerance", inclusive English is Inclusive, and Pratt & Whitney is the same word.

How to achieve inclusive and inclusive benefits in a non balanced global economy is one of the issues of common concern and difficult to reach consensus.

It is expected that, like all previous G20 summits, the form is more important than content, and communication is better than consensus. But the two day meeting will be difficult to shake, but it will unquestionably enhance China's national image.

The national image is behind the core of a country

It is also the common language of dialogue among member states of the G20 group.

The Analects of Confucius says, "gentlemen are different but different."

The host country is a "gentleman" and acknowledges that "harmony but difference" will be the theme word of the summit: tolerance.

Seeing is believing. The face-to-face communication of participants can weaken the "discord" and deepen cooperation in the context of "harmony but difference".

From this interpretation, the Hangzhou summit will explore cooperation in "tolerance" and inject new vitality into China's future economic development.

The ancients said: "Tao is different!" but on the contrary, it is bound to open wider cooperation space if it is a common goal.

The G20 summit was originally co sponsored by the G-8 group. Now there are only 7 countries in the 8 sponsors, and Russia has left. Does China mean that the new G8 will be formed or the cooperative governance between China and the US? Although these are questions, they can borrow a famous saying from Wall Street: "Nothing is impossible".

Whether it is the formation of a new G-8 or the pattern of cooperative governance led by China and the United States, China will be one of the undisputed central countries. As a central country, China's economy will share more of the global dividend, thereby enhancing its international competitive advantage.

In my view, this is the positive energy that the Chinese stock market expects now. It will make the stock market, which seems to have fallen or cannot fall, take the lead in the first place.