G20 JAPAN 2019 Finance Ministers and Central Bank Governors Meeting 2019.06.08 Sat. - 06.09 Sun. FUKUOKA



  • ABOUT G20

    G20 Finance Ministers and Central Bank Governors Meeting

    The Asian financial crisis highlighted the necessity to include emerging countries with access to international capital markets in discussions on the international financial system among the G7 countries. Accordingly, at the G7 Cologne Summit in June 1999, the G7 Finance Ministers meeting agreed to set up the G20 Finance Ministers and Central Bank Governors meeting.

    The G20 Finance Ministers and Central Bank Governors meeting provides a forum for key countries in the international financial system to discuss major international economic issues and to coordinate to achieve the stable and sustainable growth of the global economy. The meeting has been convened annually since 1999.

    Participants in the meeting are: Finance Ministers and Central Bank Governors of the G7 countries (Canada, France, Germany, Italy, Japan, U.K. and U.S.), Argentina, Australia, Brazil, China, India, Indonesia, Korea, Mexico, Russia, Saudi Arabia, South Africa and Turkey; the Finance Minister of the EU presidency country; the European Central Bank (ECB) President; Finance Ministers and Central Bank Governors of some invited countries; and representatives of international organizations including the IMF and World Bank.

    The G20 Finance Ministers and Central Bank Governors meeting held in 2018 under Argentina’s presidency discussed the global economy, the future of work, infrastructure investment, international financial architecture, financial sector reform, international taxation, and combatting terrorist financing.

    On June 8 and 9, 2019, the G20 Finance Ministers and Central Bank Governors meeting will be held in Fukuoka under Japan’s presidency.

  • G20 Japan 2019: Fukuoka, Fukuoka Pref.(Youtube)


    Fukuoka City Introduction

    Located on the northern coast of Kyushu, Fukuoka City is the largest city in Kyushu with a population of 1.58 million (urban area population: 2.5 million). With a relatively large proportion of young people, the city has one of the fastest-growing populations in Japan, a country affected by accelerating population decline.

    Recently, Fukuoka City was designated as a “National Strategic Special Zone for Global Startups and Job Creation” by the Japanese government, and has since been promoting government-industry initiatives, such as reducing corporate taxes on startups and easing visa requirements. As a result, the city now boasts one of the highest startup rates in Japan.

    Fukuoka City is known for its world-leading infrastructure in a compact area, including an international airport, major railway stations and a port all within a radius of 2.5 km, and the subway which connects the airport with the city center in just 5 to 10 minutes. The city is also renowned for its beautiful natural environment with the nearby sea and mountains.

    With its 2,000-year history as a gateway to Asia, Fukuoka City is home to many historical shrines and temples and thriving diverse cultures and traditions, including festivals such as Hakata Gion Yamakasa (a UNESCO Intangible Cultural Heritage), Hakata-ori textiles and Hakata dolls.

    Fukuoka is also famous for tonkotsu (pork bone broth) noodles, motsunabe hot pot dish, and many other local dishes prepared using the gifts of nature such as fresh seafood and vegetables. The city center has a lively night food market, which is rare in Japan.


April 2019