THE 11th Group of 20 (G20) summit in Hangzhou, China closed on September 5, focusing on the "new" industrial revolution and technological changes such as big data, robotics, and cloud computing.Innovation has been China’s key area of interest throughout their G20 presidency and it has dedicated many discussions to how new industries could invigorate the global economy. The theme for their presidency was ‘Towards an Innovative, Invigorated, Interconnected and Inclusive World Economy’, and the summit communique reiterates that the global economy can grow via innovation.READ THIS: Sadc subsidies fail to ease rural poverty and soil deterioration, study findsOn the other side of the world, the Southern African Development Community (SADC) summit took place in Swaziland on August 30, but the focus was decidedly different. Although industrial development was also the topic of the meetings, the industrialisation hoped for in Southern Africa is still at a low level, targeting manufacturing ...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.