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Chinese president calls for closer BRICS cooperation, G20 coordination (2)


08:27, June 19, 2012

Brazilian President Dilma Roussef, Russian President Vladimir Putin,Indian Prime Minister Manmohan Singh, Chinese President Hu Jintao and South African President Jacob Zuma (L-R) pose for group photo in Los Cabos, Mexico, June 18, 2012. (Xinhua/Ma Zhancheng)

They should also step up coordination and cooperation in a bid to play an active role in the international community's effort to resolve the European debt crisis, he added.

As regards the G20 meeting, Hu said the Los Cabos summit is held against the background of a world economy beset with instability and uncertainty, and thus has drawn great attention worldwide.

China supports the BRICS nations to coordinate their stances and jointly push for positive results at the summit, which should reflect the all-in-the-same-boat spirit and a commitment to mutual benefit, said the president.

The G20 conference, he said, should focus on coordinating macro-economic policies, reinforcing the international community's confidence in the global economic recovery and demonstrating the group's spirit of cooperative partnership in jointly addressing major risks and challenges in global economy and financing.

In addition, Hu called on the G20 summit to adopt a development-oriented perspective, pay due attention to the opinions of emerging economies and developing countries, and guarantee their rights of and space for development.

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