Full coverage: G20 Hangzhou Summit

For more on-the-ground coverage of the upcoming G20 Summit, let's turn to our news studio in the host city, Hangzhou with my colleagues Guan Xin and Mike Water.

Guan Xin: We are now reporting live from CCTVNEWS studio in Hangzhou, welcome to our special coverage of the G20. I'm Guan Xin.

Mike Walter: I'm Mike Walter. Guan Xin, it's easy for someone visiting to notice the city's beauty, but Hangzhou also has a vibrant, dynamic economy. It's also a foreign trade hub in China, isn't it? 

Guan Xin: That's right, Hangzhou as a port city at China's east coast, is an ancient foreign trade hub in China. It has been at the forefront of China's opening up policy.

Mike Walter: Yes, you and I were talking about this just the other day, it's a really exciting time to be here. It is home to e-commerce giant Alibaba. I heard that during last year's Singles' Day Festival, that Alibaba alone sold 90 billion yuan worth of goods in just one day!

Guan Xin: And a bright spot is cross-border e-commerce. Alibaba's figures show that transactions came from more than 200 countries and regions. Cross-border e-commerce grew over 30 percent last year. Considering a slowdown in foreign trade, the growth is very impressive.

Mike Walter: A key item on the agenda of this year's G20 summit is to revive world trade, e-commerce is definitely a new growth engine. Now with only 4 days to go, Hangzhou is gearing up for the G20 summit, CCTV's Tang Bo takes a look at the preparations underway for the top-level gathering.

This year for the first time, China is hosting the G20 Leaders’summit. All eyes around the world are on the G20 economies, the summit, and the city of Hangzhou. So the question is, is Hangzhou ready? Is Hangzhou ready?

For the high-profile event, the city has given its urban facilities a facelift. Take this residence in Sixingfang for example.

Built in the 1920s, the neighborhood was Hangzhou’s first ever real estate project for sale in modern times. And it’s hard to believe the amount of work that's gone into its transformation.

Since November 2015, 57 illegal structures and 132 broken canopies and chimneys here have been demolished. More than 10 million yuan has been invested in upgrading 10,000 square meters.

This is just one of 651 infrastructure renovation projects in Hangzhou, covering environmental treatment, hotels for state guests, and airport expressways. But hardware improvements alone are far from enough.

The city of 7 million permanent residents has mobilized more than 760,000 volunteers. That's nearly 1/10th of the population. Many senior citizens conduct regular street security patrols. And they are busy learning simple English phrases.

The accent may be Chinese, but it's this kind of spirit that will help make the summit a success.