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What is g20 Seoul Summit?
2010165438+1October1to 12, the fifth G20 summit was held in Seoul, South Korea. The main topics are exchange rate, global financial safety net and the reform and development of international financial institutions. Among the four major issues, the most interesting one is the follow-up progress of the agreement reached by finance ministers and central bank governors on the settlement of exchange rate disputes and the share reform of the International Monetary Fund at the G20 summit held in Gyeongju last month. On the eve of attending the summit, Hu Jintao accepted a joint written interview with Korean media. He said that this summit is the first summit of G20 leaders held in emerging market countries and Asia, which is of great significance to the development of G20 mechanism. China is willing to work with other members to push the Seoul Summit to continue to implement the understandings reached at previous summits, while reflecting the characteristics of emerging market countries and Asia. Hu Jintao pointed out that the Seoul Summit should focus on the following issues. First, in the spirit of helping each other in the same boat and the principle of mutual benefit and win-win, we will continue to strengthen macroeconomic policy coordination and send a positive signal to the market that G20 members are united in coping with major challenges of the world economy, so as to boost market confidence and consolidate the momentum of world economic recovery. The second is to promote the reform of the international financial system, strengthen the supervision of international financial markets and increase the voice and representation of emerging market countries and developing countries in international financial institutions. The third is to promote the solution of the imbalance between North and South development and provide political support for the implementation of the UN Millennium Development Goals. Fourth, oppose protectionism, promote the Doha Round negotiations to achieve comprehensive and balanced results, and achieve the goals of the development round.