Meeting of G20 Trade Ministers to Be Held in Shanghai in July

The meeting of the G20 trade ministers will be be held in Shanghai in July, a spokesman to the Chinese Ministry of Commerce said on Wednesday.

BEIJING (Sputnik) — The upcoming G20 summit is scheduled to take place in the eastern Chinese city of Hangzhou in September. The summit is set to focus on financial stability, international trade and sustainable development.

Chinese State Councilor Yang Jiechi speaks at the first 2016 G20 Sherpa Meeting in Beijing on January 14, 2016. The Sherpa Meeting is taking place ahead of the G20 Summit, which will be held in Hangzhou in eastern China's Zhejiang province in September 2016

© AFP 2023 / POOL/ Mark Schiefelbein

"China took over the rotating G20 presidency on December 1, 2015, and a series of various meetings have already been started… As a department which coordinates trade and investment cooperation, the Ministry of Commerce will host the G20 trade ministers meetings July 9 —10 this year in Shanghai," Shen Danyang told reporters.

Before the summit kicks off, China is expected to host various G20 ministerial meetings.

The G20 is an international forum for the leaders and senior financial official of the world's 20 major economies. The 10th G20 summit was held in Turkey in November 2015.