Chinese President Xi Jinping and other leaders of the Group of 20 (G20) members, some guest countries and international organizations pose for a group photo ahead of the opening ceremony of the G20 summit in Hangzhou, capital of East China's Zhejiang province, Sept 4, 2016.[Photo/Xinhua]

The 11th Group of 20 (G20) summit is being held in China's eastern city of Hangzhou. Themed "Building an innovative, invigorated, interconnected and inclusive world," the summit aims to implement the consensus reached at former G20 summits, and stress innovation, reform and development.

The G20, which represents 85 percent of global GDP, 80 percent of international trade and 65 percent of the world's population, is considered one of the most influential platforms for global financial governance.

Let's take a look at some "first-time" occurrences the G20 Summit has created this year, offering up a new direction for the G20 cooperation mechanism.

1. China sets "breaking a new path for growth" as a key topic of this year's summit, which marks the first G20 summit with a focus on the mid to long term impetus of global growth.