2065438+September 2006, the 1 1 th summit of G20 leaders was held in Hangzhou, and around the theme of "building an innovative, dynamic, coordinated and inclusive world economy" put forward by China, a series of groundbreaking and breakthrough results were achieved.

The G20 is an international economic cooperation forum. It was founded by the finance ministers of the Group of Eight (G8) in Berlin, Germany on September 25th, 1999, and held the first G20 summit in Washington, USA. It is an informal dialogue mechanism, which consists of the former G8 and the remaining 12 important economies.

Main achievements of the G 20 Hangzhou Summit

First, promote innovation and growth.

The G-20 Hangzhou Summit adopted a significant G-20 innovation growth blueprint, and formulated the G-2016 innovation action plan, the G-20 new industrial revolution action plan and the G-20 digital economy development and cooperation initiative. A special working group will be set up to further advance the G-20 agenda of innovation, new industrial revolution and digital economy, and ensure the continuity and consistency of relevant work and existing achievements.

Second, promote structural reform.

The G20 leaders promised to implement the "Deepening Structural Reform Agenda", approved the nine reform priority areas and a series of guiding principles identified in the agenda, and will establish a quantitative framework consisting of a series of indicators to monitor and evaluate the efforts, progress and challenges of the G20 in structural reform.

Third, promote international trade and investment.

In addition to extending the commitment to reduce and not take new protectionist measures until the end of 20 18, the Hangzhou summit also approved two extremely important documents. First of all, the approval of the G-20 global trade growth strategy will set an example in reducing trade costs, promoting the coordination of trade and investment policies and promoting the development of service trade. The second is to approve the Guiding Principles of G20 Global Investment and create an open, transparent and favorable global investment policy environment.