On October 28th 2003, seventy eight political and financial leaders from a significant number of international organizations such as the UN, and over 20 countries and regions convened a meeting in Beijing that inaugurated the International finance Forum (IFF). Aligning with the new economic and financial landscape entering 21st century, the establishment of IFF is a response to the increasing desire to in-depth cooperation and regular dialogue mechanism for consultation and solution of major financial issues, including financial crisis.
The International Finance Forum (IFF) is an independent, non-profit, non-governmental international organisation founded in Beijing in October 2003, and established by financial leaders from more than 20 countries and regions, including China, the United States, the European Union, emerging countries and leaders of international organisations such as the United Nations, the World Bank and the International Monetary Fund (IMF). The IFF is a long-standing, high-level platform for dialogue and communication and multilateral cooperation and has been upgraded to F20 (Finance 20) status.