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The 11th G20 Summit will be held in Hangzhou on September 4-5,2016.It will be the first G20 Summit ever hosted by China and the most important diplomatic event held in the country this year.All eyes will be on Hangzhou.rnThe G20 Summit was born at a time of crisis when the world economy hung by a thread under the impact of the subprime loan crisis on the Wall Street.At the defining moment,G20 members came together for shared interests and took decisive actions that pulled the world economy from the edge of a precipice to the path towards stability and recovery.The G20 Summit has since gained its position as the primary forum for international economic cooperation.