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Economy

Backgrounder: Chronology of previous G20 summits

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2016-09-03 10:20Xinhua Editor: Feng Shuang ECNS App Download

The 11th Group of 20 (G20) summit is to be held in China's eastern city of Hangzhou on Sept. 4-5. Themed "Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy," the summit aims to implement the consensus reached at former G20 summits, and stress innovation, reform and development.

Established in September 1999, the group aims to promote global economic growth and development by strengthening the architecture of international finance.

The following is the brief introduction of previous G20 summits.

On Nov. 14-15, 2008, the first G20 Leader' Summit took place in Washington, the United States, primarily focusing on strengthening financial regulation.

On April 2, 2009 in London, Britain, the G20 leaders met for the second time with priority on coordinated fiscal and monetary stimulus measures to avert the threat of global depression.

On Sept. 24-25, 2009 in Pittsburgh, the United States, the G20 leaders discussed further actions to assure a sound and sustainable recovery from the global financial and economic crisis.

On June 26-27, 2010 in Toronto, Canada, the fourth summit of G20 leaders was convened under the theme of "Recovery and New Beginnings" to begin developing a framework for strong, sustainable and balanced growth.

On Nov. 10-11, 2010 in Seoul, South Korea, G20 leaders met for their fifth gathering with "Shared Growth beyond Crisis" as its theme. Discussion on ways to lead the global economy out of a downturn took the central stage of the meeting.

On Nov. 3-4, 2011 in Cannes, France, G20 leaders gathered to discuss how to tackle major issues affecting economic recovery and financial stability at a time of heightened tensions and significant downside risks for the global economy.

On June 18-19, 2012 in Los Cabos, Mexico, the seventh G20 summit was held with main topics on the euro-zone crisis and other key global issues, including the strengthening of financial systems, development, trade and employment.

On Sept. 5-6, 2013 in St. Petersburg, Russia, G20 leaders converged for their eighth summit with host Russia setting fostering economic growth and job creation as the primary objectives.

On Nov. 15-16, 2014 in Brisbane, Australia, G20 leaders convened for the ninth time setting the summit's priority as raising global growth to deliver better living standards and quality jobs for people across the world.

On Nov. 15-16, 2015 in Anatalya, Turkey, G20 leaders discussed top global economic issues and pledged more collective actions to achieve strong, sustainable and balanced growth that can benefit all.

  

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