G20 consists of Britain, the United States, Japan, France, Germany, Canada, Italy, Russia, Australia, Brazil, Argentina, Mexico, China, Indonesia, India, Saudi Arabia, South Africa, Turkey, South Korea, 19 countries and the European Union. These countries account for about 85% of the world's gross national product, but their population accounts for nearly two-thirds of the world's total population.

Specially invited representatives:

In order to ensure the close ties between the G20 and the Bretton Woods institutions, the Managing Director of the International Monetary Fund and the President of the World Bank, as well as the Chairman of the International Monetary and Financial Committee and the Chairman of the Development Committee, also participated in the activities of the forum as special guests.

Extended data

Operation mode:

G20 operates in the form of informal ministerial meeting, without a permanent secretariat, and its chairman adopts rotation system. The finance ministers and central bank governors of the organization meet once a year. The annual ministerial meeting is usually associated with the meeting of finance ministers of the Group of Seven, which is usually held at the end of each year. The meeting is provided with secretarial services and support by the host country, some international institutions and external experts, and working groups can be set up as needed to consider some major issues and put forward countermeasures and suggestions.

Baidu Encyclopedia -G20 Summit