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Chinese president leaves Britain after London summit
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09:13, April 04, 2009

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· President Hu attends G20 London Summit
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Chinese President Hu Jintao left London for home Friday after attending a summit of the Group of 20 (G20) on ways of tackling the financial crisis and promoting an earlier world economic recovery.

At the London summit, the leaders exchanged views on such issues as enhancing the coordination of macroeconomic policies, strengthening international financial regulation and stabilizing global financial market, as well as reforming international financial institutions.

At the meeting, President Hu made an important speech, which elaborates China's position and opinions on these issues.

"The international financial crisis, however, is still spreading and deepening, and its impact on the global real economy is becoming more and more evident," Hu said.

The most pressing task now is to make every effort to restore global economic growth and prevent a serious recession, oppose all forms of protectionism and maintain an open and free environment for trade and investment, speed up reform and reshape the international financial order, he said.

"We should follow through on the international consensus, enhance confidence, take more effective measures, broaden cooperation, conduct more rational reforms and strive for substantive results," he said.

On the sidelines of the London summit, Chinese President Hu met his U.S. counterpart Barack Obama for the first time. The two leaders agreed to work together to build a positive, cooperative and comprehensive relationship in the 21st century.

He also met British Prime Minister Gordon Brown, Russian President Dmitri Medvedev and leaders of other G20 members on the sidelines of the summit.

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

Source:Xinhua



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