HANGZHOU, Sept. 5 (Xinhua) -- Chinese President Xi Jinping told reporters on Monday that merely relying on fiscal and monetary policies does not work for the world economy.
"We are determined to break a new path for growth to inject new vitality into the world economy," Xi said at a press conference after the Group of 20 (G20) summit concluded in Hangzhou.
A G20 Blueprint on Innovative Growth was passed at the summit, Xi added.