G20 Summit is an international economic cooperation forum, which was established in Berlin, Germany. It is an informal dialogue institution, which belongs to the Bretton Woods system and consists of G8 and other 12 important economic councils. Its purpose is to solve problems, promote high-level discussions between industrialized developed countries and emerging markets, seek cooperation opportunities, and promote international financial stability and sustained economic growth.
According to past practice, the International Monetary Fund and the World Bank will attend the meeting.
This summit will be the most representative and inclusive summit of developing countries in the history of G20.