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XIANGHE (Hebei Province), Oct. 14 (Xinhuanet) --Six rounds of the G-20 Finance
Ministers and Central Bank Governors have been convened since its inaugural
meeting held in 1999 in Berlin, Germany.
The first meeting of G-20 Finance Ministers and Central Bank Governors was held
on December 15-16, 1999 in Berlin, Germany. Allparties exchanged their views
on the global and regional economies and their financial situation, and
also ways to reform the global financial system.
The second ministerial meeting of the G-20, held on October 24-25, 2000 in
Montreal, Canada, mainly discussed the opportunities and challenges posed to all
economies by globalization and reducing vulnerability to financial crises.
The third ministerial meeting of the G-20, held on November 16-17, 2001 in Ottawa,
Canada, discussed the effect of the attacks of September 11, 2001 on the
global economy and finance, and the role of the G-20 in the fight against
terrorist financing.
During the fourth ministerial meeting of the G-20 held on November 22-23 in New
Delhi, India, Ministers and Governors deliberated on matters concerning crisis
prevention and resolution, globalization, combating the terrorist
financing, and maintaining sustained economic growth.
The G-20 finance ministers and central bank governors met for the fifth
time on October 26-27, 2003 in Morelia, Mexico, to discuss issues of the
prevention and resolution of financial crisis, financing of economic
development, disrupting terrorist financing networks, globalization and economic
development, and the institution building in the financial sector.
The last ministerial meeting of the G-20, held on November 20-21, 2004 in Berlin, Germany, reviewed
the current macroeconomic situation, continued talks about the
institution building in the financial sector, and covered topics such as combating
the abuse of the global financial system, the challenge posed by the problem
of ageing, the issue of immigration, sovereign debt restructuring,
60-year review of the Bretton Woods institutional system, the
promotion of stability and growth in the context of globalization,and the
regional integration. Enditem |