Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Chinese FM: G20 summit "significant" for world to tackle financial crisis
+ -
16:16, November 16, 2008

 Related News
 G20 leaders hail global financial summit, vow to salvage economy
 G20 summit contacted by U.S. president-elect
 EU, French top officials applaud G20 financial summit results
 G20 summit adopts action plan to implement principles of financial reform
 Backgrounder: Washington G20 Summit
 Related Channel News
· Chinese President attends G20 summit and APEC Forum, visits four countries
· U.S. financial crisis triggered global turmoil
 Comment  Tell A Friend
 Print Format  Save Article
Chinese Foreign Ministry said on Sunday that the Washington summit of the Group of 20 (G20) on financial markets and the world economy was of great significance for the international community to deal with the financial turmoil.

Foreign Ministry spokesman Qin Gang said the G20 summit was conducive to the growth of the world economy and the reform of the international financial framework.

The declaration issued by the G20 leaders at the summit was "comprehensive, positive and balanced," said Qin, adding it helped to gain global confidence in dealing with the crisis and arouse the concern to the issue of development.

"China hopes that all countries could continue to enhance coordination, seek consensus, substantially strengthen the financial regulation and take actions to prevent global economic recession."

The Washington summit, held Saturday amid serious challenges to the world economy and financial markets, was the first time for the Group of 20 since it was founded in 1999.

Chinese President Hu Jintao, together with other G20 leaders, attended the summit at the invitation of U.S. President George W. Bush.

The world leaders agreed to meet again by April 30, 2009, to review the implementation of the principles and decisions agreed at the Washington summit.

The members of the G20 include Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, the Republic of Korea, Turkey, the United States, and the European Union.

Also attending the G20 summit were the managing director of the International Monetary Fund (IMF), the president of the World Bank, the secretary-general of the United Nations and the chairman of the Financial Stability Forum.

Source: Xinhua



  Your Message:   Most Commented:
World's largest pinata unveiled in Philadelphia 
Tensions high in Gaza city
Profile: Barack Obama -- U.S. president-elect
U.S. economy contracts by 0.3% in third quarter
Two Chinese sue Apple for patent infringement 

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90883/6534551.pdf