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G20 Summit Concludes, Pledges Funds of US$1.1 Tln

The second Group of 20 (G20) Summit concluded in London on Thursday with consensus on how to save the world out of the financial crisis, including pledge of US$1.1 trillion to revive the world economy, a joint call to fight protectionism, and concrete actions to tighten banking regulations.

>>Declaration on Delivering Resources Through Int'l Financial Institutions
>>Declaration on Strengthening the Financial System

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US to Host Next G20 Summit in Pittsburgh
The White House said on Thursday the United States will host the next Group of 20 economic summit in Pittsburgh, Pennsylvania in September.

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FM: Hu's Proposals Play Important Role at G20
Chinese President Hu Jintao made concrete proposals on tackling the global financial crisis at the G20 London summit, playing an important and constructive role for the summit to gain pragmatic results, the Chinese foreign minister said on Friday.

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Communique of the G20 Summit in London
Leaders of the world's largest 20 economies at the London Summit have agreed on subjects include financial regulation, economic growth, reviving global trade, strengthening the global financial architecture and helping the world's poorest.

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