Despite the continuing uncertainty over the global economy, the Group of Seven developed countries should not depend too much on monetary steps and move to adopt timely fiscal stimulus and structural reforms, business leaders from the G-7 said Thursday.
Major business associations from Britain, Canada, France, Germany, Italy, Japan and the United States held an international conference dubbed the "B-7 summit" and compiled a series of proposals for submission to Prime Minister Shinzo Abe at the G-7 Ise-Shima summit next month.
The proposals mainly focus on four areas — economy, trade, the digital revolution and international issues, including global warming.
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