What kind of international organization is G20?

The G20 is a worldwide international organization.

The G20 is a major international economic cooperation forum, which is composed of China, Argentina, Australia, Brazil, Canada, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, Britain, the United States and the European Union.

G20 members have a wide coverage and strong representation, which balances the interests of developed countries, developing countries and different regions. Its population accounts for two-thirds of the world, its land area accounts for about 60% of the world, its GDP accounts for 85% of the world, and its trade volume accounts for 80% of the world.

The G-20 was proposed by the meeting of finance ministers of G-7. Before the international financial crisis in 2008, G20 only held meetings of finance ministers and central bank governors. After the outbreak of the international financial crisis, at the initiative of the United States, the G-20 was promoted to a summit of leaders. The Pittsburgh Summit held in September 2009 identified the G20 as the main forum for international economic cooperation, which marked an important progress in global economic governance reform.

Purpose of establishment:

The G-20 is an informal forum aimed at promoting constructive and open dialogue between industrialized countries and emerging market countries on important issues of the international economy, monetary policy and financial system, and laying a broad foundation for discussion and consultation on substantive issues through dialogue, so as to seek cooperation and promote the reform of the international financial system, strengthen the structure of the international financial system, and promote economic stability and sustained growth.

2016 The logo of G20 Summit outlines a bridge with 20 lines, supplemented by G2020 16CHINA and the official seal "China". This bridge symbolizes that G20 has become a bridge for global economic growth, international cooperation and a bridge for a win-win future. At the same time, the lines of the bridge look like optical fibers, suggesting the interconnection in the information age.

The above contents refer to Baidu Encyclopedia -G20.