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The following article was published in our article directory on November 15, 2010.
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G20 Summit in South Korea As the Olympic Games Held

Article Category: Business

Author Name: Amanda xzh

"When the G20 summit in South Korea was selected as the host country, I burst into tears, stirring national anthem in my chest." Recently, in South Korea's largest portal of a children's Selected Writings, a fourth grade students to express their excitement that situation.

For the land area ranks in the G20 at the end of South Korea, able to host the fifth time as host G20 summit, is definitely a big honor so that the whole country. To meet this event, South Korea can be described as national mobilization, no less emphasis hosting a Games.

As early as one month before the meeting is held, President Lee Myung-bak delivered a televised speech to the whole country, called on the people attach great importance to and cherish this unique international event by the Korea play a leading role; the beginning of November, the Seoul city government officials have to take off dress , took to street cleaning; with 6,7 years of age, are beginning to learn from the knowledge of economics, Korea's largest-circulation, "Chosun Ilbo" Kids on October 26 issued a two-page long article dedicated to explaining foreign exchange market and the G20 meeting of finance ministers joint communique.

Moreover, Seoul has ingenuity to set up a "G20 Star cheerleaders," cheer for the summit, members are from the Korean Broadcasting, sports and entertainment industry familiar icons such as girls combined 2NE1. Walking in the streets of Seoul, I wish G20 summit a success of the giant posters and video can be seen everywhere, but also to remind people to pay attention to the image of manners, to the upcoming guests a good impression.

To the summit, Lee deployed more than 60,000 special police and army responsible for security, and between 11 to 12 implement the "No Car Day", and urgently to increase public transport capacity, just put a 1.5 on the new taxi million. Can be said that Koreans took to the G20 summit under the "original capital."

So launching a campaign for what? Is it only after the meeting to the "Bulletin" or "Declaration" before hanging a "Seoul" attribute? Of course not.

From the November 2008 launch date, G20 summit has organized five times, in view of its global reach two-thirds of the total population and 90% of the economic superiority of representation has been the formation mechanism of the G20 summit, as if to replace the previous G7, G8, etc., to become a new platform for consultation and cooperation with the global economy, its international influence and the degree of concern is also growing.

Because of this, G20 summit host city is becoming "meat and potatoes." On the host, the host G20 summit to attract the attention of hundreds of millions worldwide attention, whether in the political, diplomatic or economic, cultural and other aspects, can give the country a tremendous boost.

In Korea, for example, as the host, South Korea Lee Myung-bak government is trying to some of the elements of concern, such as the global financial safety net and development issues, included in this issue G20 summit. In the meeting, Lee will each be held with the visiting Heads of State meeting, the opportunity to shorten the distance that normally would be difficult too.

From an economic point of view, G20 summit host, although there will be some expenses, but in the long term is definitely "can not lose." Recently, Seoul business hotels and guest houses all of a sudden a lot of good, and many local restaurants are planning to make a comeback by the G20 summit in the east, start another "Korean Wave."

It is said that the organizers will also attend the meeting to each of the countries leaders and their spouses donated activities in Korea there is an electronic photo album, and an English version of Korean recipes. In the promotion of Korean food, but also did not forget to show the latest technology in Korea for a show.

It seems that the host country to host a G20 summit is definitely value for money. But then again, because it involves many countries, the scale is too large, and now twice a year the G20 summit in urgent need of "downsizing." Can be expected that, with the mechanism of improving the summit, as the world economy out of crisis and getting better, G20 summit will also decrease the frequency, such as from next year the summit will be changed once a year. Until one day, G20 summit is the same as the Olympic Games four years to do one, it is likely that the next host country of China.

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