Finance and central bank officials from members of Group 20 Thursday began
their two-day discussion on major global economic and social
issues in northeast China's port city of Dalian.
The issues on the agenda of the meeting, known as G-20
Finance and Central Bank Deputies Meeting, include the
current global economic situation, the global financial system, retrospective and reformative efforts
on Bretton Woods Monetary System 60th Anniversary, development assistance
and financing, and the aging population and migration.
G-20 Finance
and Central Bank Deputies Meeting held in Dalian£¨Photo source: Dalian Daily£©
The officials will also make arrangements for the agenda for Group 20
and prepare for the Finance and Central Bank Governors Meeting in October in
north China's Hebei Province during the meeting which is scheduled to end on
Friday.
Founded in 1999, Group 20 include such countries and regions as
the European Union, China, Russia, India, Australia, the Republic of Korea,
Indonesia, Saudi Arabia, South Africa and Turkey.
These countries
account for 90 percent of the world's total gross domestic product (GDP), 80
percent of global trade and two thirds of the world's population.
Officials with China's Ministry of Finance said Group 20 serves as a
platform for countries at different development stages to discuss major global
economic issues.
The meeting was
co-chaired by Li Yong, Chinese deputy finance minister, and Hu Xiaolian, deputy
governor of the People's Bank of China, the country's central bank.
Deputies
from G-20 members talked in small groups before the Meeting£¨Photo source: Dalian
Daily£©
Dalian
Meeting ongoing £¨Photo source: Dalian Daily£©
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