Earlier of the Group of Tenth Group Finance Minister and the Central Bank President Meeting

◆ On December 16, 1999, Berlin, Germany
On December 16, 1999, the Treasury Minister of the Gutin Group and the Governor of the Central Bank of China held the Founding Conference of the 20th Group of Groups in Berlin. The meeting emphasized that the 20th National Monetary Fund was a new mechanism for informal dialogue between the International Monetary Fund and the World Bank framework. In order to seek cooperation and promote the stability and continuous growth of the world economy.
◆ From October 24th to 25th, 2000, Montreal, Canada
From October 24th to 25th, 2000, the Treasury Minister 20 was held in Montreal, Canada. The meeting discussed economic globalization and how to prevent and solve the problem of financial crisis with global impact. Participants reached the "Montreal Consensus" aimed at promoting economic globalization and jointly dealing with the financial crisis. The consensus of Montreal mainly includes: jointly promoting the globalization of economy and trade, extending its results to developing countries; reforming international financial institutions such as the International Monetary Fund to increase the transparency of these institutions; continue to establish a unified international financial standards and rules Efforts to enhance the ability to jointly resist the financial crisis; provide assistance to countries with heavy debt and help these countries enter the global economic system; strengthen cooperation in the prevention and control of diseases such as agricultural research, environmental protection and AIDS.
◆ From November 16th to 17th, 2001, Ottawa, Canada
From November 16th to 17th, 2001, the Minister of Finance 20 and the Central Bank President Meeting was held in Ottawa. The meeting focused on how to combat cooperation in terrorism in the field of finance and economics after the "September 11" incident in the United States. Chinese Minister of Finance Xiang Huaicheng and the President of the People's Bank of China Dai Xianglong attended the meeting.
◆ From November 22-23, 2002, New Delhi, India
November 22 to 23, 2002, the fourth time of the 20th National Finance and Central Bank of President of the 20th State will be held in New Delhi, India. The meeting mainly discussed the issues such as the prevention and resolution of the financial crisis, the economic globalization, the crackdown on terrorist financing, and development aid.
◆ On October 26, 2003, Morria, Mexica City
On October 26, 2003, the Group 20 Group held the 5th Treasury Minister and Central Bank President Year in Morrelia in Mexico City. meeting. Participants conducted extensive exchanges on topics such as challenges facing global economic growth, the prevention and processing of the financial crisis, and the financing of international terrorist activities.
◆ From November 20th to 22nd, 2004, Berlin, Germany
The 6th Treasury Minister of the 20th Group of Twenty-day Groups and Central Bank President Meeting was held in Berlin, Germany. In his speech at the opening ceremony, German Treasurer Acer pointed out that this meeting will mainly discuss the current macroeconomic situation, the background of globalization to promote stability and growth, the construction of financial sector institutions, cracking down on the abuse of the international financial system, aging challenges and immigration , Sovereignty debt reorganization and regional integration. Further enhanced the status and influence of the Group 20 is one of the main purpose of this meeting.
In November 21st, the Minister of Finance of China Golden Renqing jointly held a press conference with German Finance Secretary Acer after the 6th meeting of the Group 20 and the 6th meeting of the central bank governor, announcing that China will be 20 in 2005 The rotating chairman of the National Group Conference.
◆ From October 15th to 16th, 2005, Beijing
October 15th to 16th, 2005, the Seventh G20 (G20) Finance Secretary and central bank governor meeting were held in Beijing. The theme of this meeting is based on the theme of "strengthening global cooperation: realizing the orderly and orderly development of the world economy", discussed various important global economic issues, and reiterated the common goals and responsibilities in achieving balance and sustainable development.
In addition to the "Joint Statement" issued by this meeting, as two specific results, the "Statement of the Twenty Countries on the Reform of the Bretton Forest Agency" and "Twenty countries on the issue of global development issues statement".
◆ From November 18, 2006-19, Melbourne, Australia
From November 18th to 19th, 2006, the Eighth 20th Group Finance Minister and Central Bank of President Meeting in Melbourne, the second largest city in Australia Hold. The meeting was optimistic about the global economic prospects and explored the solution of energy and mineral problems.
◆ From November 17th to 18th, 2007, Cape Town, South Africa
From November 17th to 18th, 2007, the Tenth Group Finance Minister and Central Bank of President of South Africa in the outskirts of Cape Town, South Africa Lemont was held. The financial ministers and central bank governors of the Group of 20 have discussed the stability of the world financial market. The meeting also discussed the reform of the International Monetary Fund and the World Bank.
◆ From November 8th to 9th, 2008, St. Paul, Brazil
From November 8th to 9th, 2008, the Twenty Group Finance Minister and the Central Bank President Annual Meeting will be held in Sao Paulo, Brazil. It is believed that it is necessary to reform the international financial system and take common actions to deal with the global financial crisis.
◆ On March 14, 2009, Britain
On March 14, 2009, the Twenty Group Finance Minister and the Central Bank President Meeting was in Hosmum, about 50 kilometers south of the UK capital London It was held and issued a joint bulletin to agree to further action to restore global economic growth and promote the reform of the international financial system.
◆ From September 4th to 5th, 2009, London, UK
From September 4th to 5th, 2009, the Twenty Group Finance Secretary and Central Bank President Meeting were held in London, England. The meeting agreed to continue to take measures to stimulate the economy to ensure the persistent recovery and growth of the global economy, and withdraw from the strategy of large -scale economic stimulus plan when the timing mature.
◆ From October 22nd to 23rd, 2010, South Korea
From October 22 to 23, 2010, the Tenth Group Finance Minister and the Central Bank President Meeting were held in Qingzhou, South Korea. The meeting discussed issues such as the current global economic situation, the "strong, sustainable, balanced growth framework", the reform of international financial institutions and the global financial security network, and the financial supervision reform and published the "Joint Bulletin". Minister of Finance of China Xie Xuren and the president of the People's Bank of China Zhou Xiaochuan led the Chinese delegation to attend the meeting. Participants made significant progress on the reform of the International Monetary Fund (IMF). According to this reform agreement, EU countries will give up two seats to developing countries in the executive board of the International Monetary Fund.
On February 27, 2016, the Group of Tenth Group Finance Minister and the Central Bank President Meeting participated in Shanghai. The Twenty Group (G20) Finance Minister and Central Bank President Meeting on the 27th. In the joint bulletin issued after the meeting, the G20 Treasury Secretary and the President of the Central Bank also admitted that the risks and vulnerability of the global economy were increasing. However, the bulletin also proposed that the degree of market fluctuations in the near future "has not reflected the global economic fundamentals", and most developed economies of economic activities will continue to expand gently, and the growth of major emerging market economies will remain strong.
does not mean that the top 20 global economy will do nothing. According to the bulletin, members of the G20 will adopt all policy tools, including currency, fiscal policy and structural reforms to boost growth. On March 14, 2009, the G20 Treasury Secretary and the Central Bank President Meeting was held in Hosim, UK. The meeting focused on important issues such as the current macroeconomic situation, policies and measures of various countries in response to the crisis, reform of the international financial system, and strengthening financial supervision, and discussed the preparation of the Second G20 Leadership Summit on April 2. Minister of Finance Xie Xuren and the president of the People's Bank of China Zhou Xiaochuan led the Chinese delegation to attend the meeting.
The conference pointed out that the impact of the international financial crisis is still spreading. The world economic situation has continued to deteriorate, the growth has slowed significantly, major western economies have fallen into decline, and emerging market countries are also under pressure to decline. Trade and investment protectionism has risen, and the majority of developing countries are facing severe development challenges. The priority is to strengthen the coordination of macroeconomic policies in various countries, increase economic stimulus measures, and avoid global economic recession. In the current situation, the international community is particularly opposed to trade and investment protectionism, and promotes the healthy development of international trade.
The conference emphasized the need to actively implement the G20 Washington Summit's consensus on strengthening financial supervision, enhancing market integrity, and accelerating the reform of international financial institutions. The Financial Stability Forum (FSF) has decided to expand its members to all G20 member states, which will effectively enhance its representativeness in the global economic and financial system and the emerging market. The role of the role is laying the foundation. In order to strengthen international joint supervision of multinational financial institutions with systemic importance, FSF is actively setting up a joint supervision mechanism. In addition, FSF and the International Monetary Fund (IMF) have made new progress in strengthening regulatory cooperation.
The meeting decides to seek various possible mobilization funds and liquidity for international financial institutions to help emerging market countries and developing countries. The meeting believes that fund organizations urgently need to increase funds significantly, including further through bilateral support, significantly expand and increase "new loan arrangements", and accelerate share review; decide to ensure that all multilateral development banks get the required capital, and first increase capital to Asian Development Bank capital ; Decide to strengthen the governance of international financial institutions, and ensure that its governance structure can reflect the changes in the world economy. Emerging markets and developing countries, including the poorest countries, should enjoy greater speech and representativeness. The meeting promised to complete a new round of share review by the Fund Organization by January 2011, urging the fund organization to immediately implement a package of measures on increasing the speech and representative of developing countries in 2008, and completed the World Bank Reform before the Spring Festival 2010; Leaders of international financial institutions shall be selected through the process of openness and selection. All parties have unanimously requested the World Bank and other multilateral rows to accelerate the reform of governance and structure, formulate timetables and roadmaps, and further enhance the saying and representativeness of developing countries in the decision -making process.
At the meeting, Minister Xie Xu people introduced the main measures taken by the Chinese macroeconomic situation and the Chinese government to respond to the crisis, and called for the establishment of a fair, fair, tolerant, and orderly international financial system to accelerate the governance structure of international financial institutions reform. President Zhou Xiaochuan pointed out that it is necessary to improve international financial supervision and cooperation, strengthen the supervision of financial institutions and credit rating institutions that have systematically influence, and oppose various forms of financial protectionism. He urged the International Monetary Fund to strengthen the supervision of developed countries, especially reserved currency issuers and mature financial markets, and also called on developed economies to make due contributions to stabilizing the country's economic and global financial markets.
During the meeting, Minister Xie Xu people also conducted bilateral talks with British Treasury Secretary Dalin, US Treasury Secretary Gatna, and Brazil, Canada, Australia and other national financial ministers. On February 15-16, 2013, the Group of Twenty Group (G20) and the central bank governor meeting was held in Moscow, Russia. The meeting was the first Treasury Secretary and the central bank governor held after Russia served as the G20 round -value chairman. The meeting mainly discussed issues such as the global economic situation, the G20 "strong, sustainable, balanced growth framework", long -term investment financing, international financial architecture reform, and financial sector reform. After the meeting, a joint bulletin was published. Zhou Xiaochuan, President of the People's Bank of China, and Minister of Finance Xie Xu, led the Chinese delegation to attend the meeting. The meeting believes that the current risk of the global economy has declined, and the financial market situation has improved. However, global economic growth is still weak, and many risks and challenges are facing, mainly including macroeconomic policies in developed countries, continuous "deleveraging", damage to credit intermediary functions, and global demand balance process have not been completed. Wait. In order to cope with the current challenges, developed countries should first formulate a trusted medium -term financial rectification strategy. Monetary policy should be aimed at domestic price stability and economic recovery, and minimizing the negative overflow effect on other countries. Countries should continue to implement the policy commitments of the financial sector reform and structural reform, promote the re -balance of demand, promote the recovery of the global economy as soon as possible, and continue to promote the market decision's exchange rate system, resolutely resist competitive depreciation, and oppose protectionism in various forms.
Main achievements
The Tenth Group (G20) Finance Minister and Central Bank President Meeting closed on the 16th in Moscow. Participating parties discussed the issues of global economic situation, long -term investment and financing, and reform of the international financial system. The joint statement issued after the meeting pointed out that the current global economic downside risk has weakened, but global economic growth is still too weak. All parties should coordinate their efforts, strengthen mutual trust, fulfill the previous reform commitments, and promote the steady recovery of the global economy and achieve strong, sustainable and balanced growth.
This stability and growth is common demands
The joint bulletin published after the meeting pointed out that despite the weakening risk of the global economy and the improvement of the financial market situation, the global economy still faces many risks, mainly including developed countries in the macro economy in developed countries. Policies have great uncertainty, private sector continues to "deleveraging", fiscal drag, damage to credit intermediary functions, and global demand balance.
In view of this, members of the Group 20 agreed that "continue to implement the reform of the financial department to establish a more complete financial system and carry out in -depth structural reform to promote economic growth." Monetary policies in various countries should be aimed at the stability of domestic prices and economic recovery, and minimize the negative overflow effect on other countries.
The conference also required developed countries to formulate trusted interim fiscal rectification strategies before the spirit of the Loscats Summit last year in September this year.
The Chinese delegation pointed out in his speech that in order to promote the global economic recovery and growth, the G20 countries should continue to promote recovery, growth and employment as the current primary task, and adopt practical macroeconomic policies to accelerate the reform of structural reforms; developed development; The state should properly handle the relationship between fiscal rectification and economic recovery.
It in terms of financial supervision, the implementation of the Basel Agreement III with the main content of the bank's capital adequacy ratio is the dawn. The United States and Europe have promised to execute the agreement in the near future.
The topic of "currency war" is cold
before this meeting, the debate about the "currency war" once occupied the main positions of major media. Some analysts even believe that this topic will become one of the central topics of the meeting, but this is not the case. A number of international financial organizations, including the International Monetary Fund (IMF) president of the International Monetary Fund (IMF), said that the debate around the currency war was "basically basically" and "in vain".
The discussion of currency warfare originated from Japan's implementation of super loose monetary policies since the end of last year, which has caused criticism from many countries. It is believed that this may cause countries to compete for the impact of exchange rates through the depreciation of the local currency, capital control, war.
Mi -Secretary -General Pierre Padian of Economic Cooperation and Development Organization told a reporter from Xinhua News Agency that the super loose monetary policy adopted in Japan is intended to solve the problem of economic development currently encountered, but in the long run, including Japan, including Japan, including Japan Governments, including, should take measures to strengthen financial supervision, focus on ensuring long -term investment and financing, and promote economic growth.
The joint bulletin of this meeting emphasized that countries should adhere to the market decision's exchange rate system, resolutely resist competitive devaluation, oppose various forms of protectionism, and maintain the market opening.
The China believes that developed countries should reduce the negative spilling effect of quantitative easing monetary policy. China also calls on the IMF to strengthen the supervision of the national finance, monetary policy and its overflow effect.
Russian Minister of Finance Silujanov also believes that those countries that implement super loose monetary policy should pay attention to their risks. Global demand should not be balanced. Reform to achieve.
IMF share reform facing restart
The international financial system reform is still an important issue for this meeting. The joint bulletin emphasizes that in order to improve the credibility, legality and effectiveness of the IMF, it is necessary to implement the content of the Shouer Summit on the IMF share and governance reform as soon as possible, and reach a consensus on the reform of the share formula to ensure that the share will be completed by January 2014. General examination. The joint bulletin reiterated that emerging economies and developing countries have grown strongly in recent years, and the change in status in the world economic pattern should be reflected in the relevant reform of IMF.
The Chinese delegation also called on a consensus on the reform of the IMF share formula as soon as possible in his speech to ensure that the total share inspection was completed as soon as possible. When the Russian President Putin met with the participating representatives before the meeting, he hoped that this year's St. Petersburg Summit would fully consider changes in the distribution of global economic power and make progress on the IMF share reform. At a press conference held after the meeting, Lagarde said that IMF promised to adjust the share on the basis of changes in the distribution of global economic forces.
In emerging countries strengthened coordination
In this conference framework, the BRICS Treasury Secretary and the deputy of the central bank governor held a meeting. Brazil, China, Russia, India, and South Africa have fully discussed the feasibility of strengthening the cooperation of finance and finance, especially the establishment of a BRICS Development Bank and Reserve Library.
Zhu Guangyao, deputy minister of the Ministry of Finance, attending the meeting, said that the meeting was prepared for the policy preparation for the BRICS leaders held in South Africa in March this year. "This leadership meeting will include important financial and financial issues, which will reflect the progress of economic cooperation in the BRICS countries since the New Delhi Summit last year. Topic. "In fact, during this meeting, while financial and economic people have called on emerging economies to accelerate structural reforms, they also recommend that emerging economies deepen mutual cooperation, maintain sustainable economic development, and drive global economic stability recovery and growth.