It is understood that the host country of the g20 Summit in 2022 is Indonesia, and it will be held in Bali in June165438+1October. According to the data, Bali, located in the east of Java, Indonesia, is a world-famous tourist island.

The G20 Summit is an informal dialogue mechanism within the framework of the Bretton Woods system, which consists of the former G8 countries and other 12 important economies. It aims to promote open and constructive discussion and research on substantive issues between industrialized developed countries and emerging market countries, so as to seek cooperation and promote international financial stability and sustained economic growth.

G20 has the following characteristics:

1 stands for. The composition of the G20 takes into account the balance between developed and developing countries and between different regions. Population accounts for 2/3 of the world, land area accounts for 60% of the world, GDP accounts for 85% of the world, and trade volume accounts for 80% of the world.

2. Equality. G20 operates on the principle of consensus, and emerging market countries and developed countries exchange views on international economic and financial affairs in relatively equal.

3. effectiveness. The G20 summit adopted a series of important decisions, which played an important role in coping with the financial crisis, promoting the recovery of the world economy and promoting the reform of the international financial and monetary system.