Since 1999, the G20 has contributed to strengthening the international financial architecture and do fostering sustainable economic growth and development. The G20 now has a crucial role in driving forward work between advanced and emerging economies in tackling the international finance and economic crisis, restoring worldwide financial stability, leading international economic recovery, and securing a sustainable future for all countries. In this Lecture, Rt Hon Jim Murphy will outline the priorities of the London G20 Summit, its significance for Asia and the role of China in achieving a successful outcome.