Backgrounder

0 CommentsPrint E-mail China.org.cn, June 22, 2010
Adjust font size:

Hu's visit

Chinese President Hu Jintao will pay a state visit to Canada from June 23-27 and attend the fourth Group of 20 (G20) summit to be held in Toronto.

Hu is invited by the Canadian Governor-General Michaelle Jean and Prime Minister Stephen Harper.

China has four main expectations for the upcoming G20 summit. Firstly, regarding the current European sovereign debt crises, China hopes the member countries will enhance communication and coordination on the macro-economic policies.

Secondly, China expects the G20 summit to push the International Monetary Fund (IMF) to finish its quota reform that would give more representation and voice to emerging markets and developing countries.

China also hopes the Toronto summit will improve the international financial system and deepen the reform of international supervision system.

Thirdly, China hopes the summit will pay more attention to development problems and provide political support to the United Nation's high-level meeting on Millennium Development Goals in September this year.

Fourthly, China hopes the summit will condemn trade protectionism and promote the completion of the Doha round.

What is the G20

The Group of Twenty (G20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.

G20 membership

The G20 is made up of the finance ministers and central bank governors of 19 countries:

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, Republic of Korea, Turkey, United Kingdom, United States of America.

The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G20.

G20 chair

Unlike international institutions such as the Organization for Economic Co-operation and Development (OECD), IMF or World Bank, the G20 (like the G7) has no permanent staff of its own. The G20 chair rotates between members, and is selected from a different regional grouping of countries each year. In 2010 the G20 chair is the Republic of Korea, and in 2011 it will be France. The chair is part of a revolving three-member management Troika of past, present and future chairs. The incumbent chair establishes a temporary secretariat for the duration of its term, which coordinates the group's work and organizes its meetings. The role of the Troika is to ensure continuity in the G20's work and management across host years.

2010 G20 events

  • Deputies Meeting, February 27-28, Korea. (Incheon Songdo)
  • Meeting of Finance Ministers and Central Bank Governors, April 23, USA. (Washington, D.C)
  • Meeting of Finance Ministers and Central Bank Governors, June 3-5, Korea. (Busan)
  • G-20 Summit Meeting, June 26-27, Canada. (Toronto)
  • Deputies Meeting, September, Korea. (Gwangju)
  • Meeting of Finance Ministers and Central Bank Governors, October, USA. (Washington, D.C)
  • Meeting of Finance Ministers and Central Bank Governors, N/A, Korea. (Gyeongju)
  • G-20 Summit Meeting, November 11-12, Korea (Seoul)

 

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 精品国产福利在线观看| 亚洲欧美日韩国产vr在线观| 无码人妻一区二区三区av| 亚洲av无码片在线观看| 欧美精品第1页在线播放| 伊人大杳焦在线| 精品国精品自拍自在线| 国产丰满乱子伦无码专区| 国产精品亚洲精品青青青| 国产精品久久久久影院免费| 97久久精品人妻人人搡人人玩| 好男人社区www在线观看| 中国好声音第二季免费播放| 日本阿v视频在线观看高清| 久青草国产97香蕉在线视频| 欧美另类黑人巨大videos| 亚洲欧美日韩一区在线观看| 狠色狠色狠狠色综合久久| 六月婷婷综合激情| 精品无码AV一区二区三区不卡 | 羞羞网站在线观看| 国产乱子伦农村XXXX| 韩国精品福利一区二区三区| 国产成人无码aa精品一区| 天天影视色香欲性综合网网站| 国产精品亚洲色婷婷99久久精品| 91av在线导航| 国产色综合天天综合网| 97精品依人久久久大香线蕉97| 大陆一级毛片免费视频观看| japanesexxxxhd熟睡直播| 男女一进一出抽搐免费视频 | 成人福利视频导航| 中文字幕在线播放| 无码办公室丝袜OL中文字幕| 久久中文字幕无码专区| 日本三级韩国三级三级a级按摩| 久久人人爽爽爽人久久久| 日本另类z0zx| 久久久久女人精品毛片九一| 日本伦理电影网伦理在线电影|