G2 summits have grasped the pulse of the times and devoted themselves to solving various short-term and long-term economic and political development problems.
on November 15th, 28, the G2 held its first summit. Under the background of the financial crisis at that time, the summit mainly focused on saving the American economy and preventing the United States from spamming dollars; Reform IMF and determine the international lender of last resort; Unifying regulatory standards and standardizing the activities of international financial institutions were discussed, and finally an important understanding was reached on cooperation among countries in coping with the international financial crisis and maintaining world economic stability, and 47 action plans for financial sector reform were adopted.
on April 2, 29, the G2 held its second summit. The summit issued a global economic recovery and growth plan with a total amount of 1.1 trillion US dollars, which sent a strong signal to the international community to unite and cooperate to deal with the international financial crisis and boosted market confidence.
on September 24th, 29, the G2 held its third summit. The summit established the status of G2 as the main forum for international economic cooperation, set the quantitative reform targets of the two major financial institutions, the World Bank and the International Monetary Fund, started the "strong, sustainable and balanced growth framework" and the mutual evaluation process, and reached important understandings on the institutionalization of G2 leaders' summit.
the theme of the fourth summit held on June 26th, 21 was "recovery and a new beginning". The summit coincided with the improvement of the world economy, but the outbreak of the sovereign debt crisis in the euro zone added many variables to the global economic trend. The summit played an active role in promoting the recovery of the world economy and properly coping with the European sovereign debt crisis. It called for the completion of the share reform of the International Monetary Fund before the Seoul Summit in November, and set quantitative targets and timetables for the developed countries to reduce deficits and public debt.
on November 12, 21, the G2 held its fifth summit. The summit achieved the quantitative reform goals of the World Bank and the International Monetary Fund, reached an understanding of the principle of formulating a "reference guide" on global economic imbalances, and listed development as a long-term issue of the G-2.
on November 3, 211, the G2 held its sixth summit. The summit promised to continue to strengthen macroeconomic policy coordination, and reached an important understanding on establishing a more stable and risk-resistant international monetary system and reforming global economic governance through an action plan to promote growth and employment, which played an important role in responding to the European debt crisis and promoting world economic recovery.
on June 19th, 212, the G2 held its seventh summit. The summit promised to ensure growth, promote employment and promote stability, and continue to support European countries in dealing with sovereign debt problems. In order to ensure that the IMF has sufficient resources to cope with risks in the world economy, many countries announced their participation in the IMF's capital increase at the meeting. The summit also reached a positive understanding on strengthening the international financial system, trade and development.
on September 5, 213, the G2 held its eighth summit. The summit decided to strengthen macroeconomic policy coordination, reform the international financial system, oppose trade protectionism, promote world economic recovery, especially decide to build an open world economy, and extend the commitment not to take protectionist measures until 216. All parties are concerned about the spillover effect of loose monetary policies in developed countries, and call on relevant countries to adopt responsible policies and strengthen communication with all parties when adjusting monetary policies.
on November 15th, 214, the G2 held its ninth summit. With the theme of "growth, employment and risk resistance", the summit mainly discussed the world economic situation, comprehensive growth strategy, economic reform, employment, international trade, energy and other issues. The summit decided to strengthen macroeconomic policy coordination, build an open world economy, oppose protectionism, increase infrastructure investment, improve global energy governance, and strive to achieve the goal of increasing the overall economic growth of G2 by more than 2% over the current policy level in the next five years. The meeting also announced that China would host the 216 summit.
on November 15th, 215, G2 held its 1th summit in Antalya, Turkey with the theme of "* * * acting together to achieve inclusive and steady growth". The leaders discussed the world economic situation, comprehensive growth strategy, employment and investment, climate change, anti-terrorism, European refugee crisis and other issues, and expressed the need to strengthen macro-policy coordination to deal with the problem of insufficient global economic growth momentum; It is necessary to solve the imbalance problem, improve the social security system and enhance the purchasing power of low-and middle-income people; It is necessary to strengthen international financial supervision, accelerate the reform of international financial institutions and encourage developing countries to integrate into global economic governance.