On February 17- 18, 2022, Indonesia, the rotating presidency of the Group of Twenty (G20), hosted the first G20 finance ministers and central bank governors meeting in Jakarta in an online and offline way. The meeting discussed the global economic and health situation, the annual work arrangements to support low-income countries to cope with the impact of the epidemic, sustainable finance, financial sector reform, international taxation and other issues, and issued a communique after the meeting. Yi Gang, Governor of China People's Bank, accompanied by Chen, Vice President, attended the meeting by video link and delivered a speech.

The meeting held that the global economy continued to recover, but affected by the COVID-19 epidemic, the pace of recovery in various countries was different, the policy space was divided, and inflationary pressures in some countries rose. All parties will continue to take all available policy tools to deal with the impact of the epidemic, carefully withdraw from supporting policies, and improve the accuracy of supporting policies. All parties promised to make smooth adjustment and full communication when the supportive policies were withdrawn, so as to achieve simultaneous recovery and strong recovery.

The meeting pointed out that sustainable finance is essential to achieve a green, resilient and inclusive global economic recovery. All parties will promote the G20 sustainable financial roadmap, develop transitional finance supporting orderly green transformation, expand sustainable financial markets, facilitate developing countries and small and medium-sized enterprises to obtain green financing, and reduce the cost of green financing.