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Dennis J. Snower President of the Kiel Institute for the World Economy I think the biggest challenge without doubt is to achieve an integration between the economic goals, just furthering innovation, trade and governance issues concerning economic integration on the one hand, and reducing social tensions or inequalities, getting more social integration on the other, and achieving environmental viability. So finding a space in which all these three—the economic, the environmental and the social—can all be dealt with in a way that is complementary. That I think is the biggest challenge of this presidency. Rohinton Medhora President of the Centre for International Governance Innovation High expectations, I think many many people feel that this is the year that China will emerge, it will show that it is a global power by taking global leadership, and clearly can do that in absolutely every problem that the world faces. But if it can pick the two or three key areas in which it wants to make a difference, then it will be able to make a difference. Rathin Roy Director of National Institute of Public Finance and Policy, India The key challenge to this Summit that China is holding would be the ability of China to put a proposal that is at the same time innovative and acceptable. That being said, China is the second biggest economy in the world and therefore its leadership role will be very very important. So what I expect from this Summit is in one sentence: Chinese leadership to improve the quality of life in developing countries. Richard A. Boucher Former Deputy Secretary-General of OECD, Former Assistant Secretary of State for South and Central Asia Somebody said this morning it’s going to be a success, the question is how big success will it be. And I think if we can see a Hangzhou Summit that not only deals with some of the problems, but actually looks forward and says here’s how we are going to make sure that we move together and we move with good growth into the future, I think that would be a good result from Hangzhou. But I would hope that in addition to dealing with the crisis, G20 can start organizing and helping the world economy and the world’s people move together into the future. That’s really the test of how good a success it can be. Yves Tiberghien Director of the Institute of Asian Research at the University of British Columbia The biggest challenge is the U.S. election, if I want to be honest, because we have U.S. election in November. The G20 will be early September. And because the U.S. is still the pillar of the global economy. China is becoming the second largest, most important economy. So the key is to maintain the ability of the U.S. to be a team player when it’s so close to U.S. election. Izuru Kobayashi COO, Economic Research Institute for ASEAN and East Asia Because it is a very difficult thing for China to show a kind of new idea or new philosophy which could contribute to the world to move one step forward from the current global standard. It’s a big challenge. But I think China is trying to do it, through for example the establishment of AIIB or OBOR. And I think China needs to show the world what kind of philosophy, what kind of growth strategy China really needs to present to the global society to make sure that China is going to contribute to the inclusive growth.