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Chinese president, other BRICS leaders meet ahead of G-20 summit (2)


08:19, November 04, 2011

Chinese President Hu Jintao meets with leaders of Brazil, Russia, India and South Africa in Cannes, France, Nov. 3, 2011. (Xinhua) 

China hopes Europe can achieve economic recovery and development as soon as possible, he said.

Hu also said that the solution of Europe's debt issues mainly relies on Europe itself. He said that China believes that Europe absolutely has the wisdom and ability to solve the issues while the international community should tender support and assistance.

The Chinese president suggested that the BRICS countries create a consultative mechanism to closely watch the development of the situation,exchange ideas on relevant issues and strengthen coordination.

At the meeting, the leaders of Brazil, Russia, India, China and South Africa, or BRICS, also discussed stronger cooperation among BRICS countries and exchanged views on the world economic situation and the debt issues in Europe.

The leaders agreed to maintain close communications and coordination and work together to make the G-20 summit generate positive results.

The Cannes G-20 summit, slated for Thursday and Friday, will address the major problems affecting the world economic recovery and the stability of the global financial market.

President Hu arrived in Cannes for the G-20 summit on Wednesday.

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