bringing disruptions to the global industry landscape and financial stability. Besides， Japan on June 28. Chinese President Xi Jinping attended the meeting and delivered a speech titled Working Together to Build a High-Quality World Economy. Xi's speech comes at a time when the global economy is once again at a critical crossroads. It expounded on the current global economic situation and the Chinese schemes to improve global governance， when global economy is becoming digital， the world economy is in a transition from old to new drivers of growth. Innovation provides the driving force for long-term global growth. A review of historical experience shows that the dynamism and creativity unleashed through institutional reform and the new industries and products enabled by the advances in science and technology have been essential for the world economy to turn the corner and recover from previous major crises. In today’s world， Xi offered Chinese schemes to build a high-quality world economy， China’s concepts and practices have a profound meaning. “More will be done to open up the Chinese market wider”; “greater initiative will be demonstrated in expanding imports”; “more steps will be taken to improve the business environment”; “equal treatment will be extended to all foreign investment”; “greater efforts will be made to advance trade talks”.