After much anticipation, the G20 Summit is underway in the East China city of Hangzhou in Zhejiang province.

With the trade volume of G20 member countries accounting for 80 percent of the world’s total, the outcomes of the summit will be of the upmost importance to global affairs.

But how will the summit affect the lives of ordinary people? Here are some of the ways it might do:

Your money: RMB to be more stable and valuable

RMB will be included into the Special Drawing Right (SDR) basket of currencies this October to sit alongside the US dollar, euro, sterling and yen. Its weight will account for 10.92 percent, surpassing the sterling and yen.

The recognition of RMB across the world makes it more convenient for outbound travel, overseas study, cross-border online shopping and cross-border investment.

Your job: more opportunities to be created

The involvement of many burgeoning economic entities, developing countries and the European Union prompts the expansion of the commodity market and the disentanglement of supply-demand regulations, creating more employment opportunities for people.

The Free Trade Area (FTA) aims to set up an international, legalized and occupation-based environment to generate demand for international and professional talent.

The Women20 Summit (W20) will facilitate cooperation with labor and employment bureaus of G20 members, aiming to narrow the gap of labor participation between men and women.

Your life: cheaper and better global goods to be sold

Different from previous summits, China advocates the equal status of trade policy with fiscal and monetary policy this year.

The improvement of trade facilitation will lead to benefits that include having more options for cheaper imported goods and direct access to overseas investments and international wealth management products.

Your development: people to benefit from economic growth innovation

One of the key topics to be discussed in the Hangzhou G20 summit is how to make innovations on economic growth patterns.

Breakthroughs on innovation of growth patterns, structural reform and improvements of trading growth can be made through the G20 system, allowing many companies and individuals engaged in trading and overseas investment to benefit.

Your dream: inclusive finance system to help realize your dream

Inclusive finance has gained much attention during the G20 Summit. High-level principles of digital inclusive finance proposed by G20 members will be submitted to the Hangzhou summit and be discussed by country leaders.

Inclusive finance enables every person to have access to basic financial services.

Your environment: G20 countries to fight against climate change together

Green finance is included in the G20 agenda for the first time.

China and the United States ratified the Paris Agreement with Ban Ki-moon on Saturday.

G20 members' efforts to fight against climate change help innovate economic growth patterns and facilitate sustainable development.