Latest News:  
Beijing   Thundershower/Cloudy    31 / 22   City Forecast

Home>>Foreign Affairs

China calls for responsible actions to maintain investors' confidence

(Xinhua)

08:05, August 10, 2011

China on Tuesday urged relevant nations to take concrete and responsible fiscal and monetary policies to trim fiscal deficits and resolve debt problems to maintain global investors' confidence.

The call was made at an executive meeting of the State Council, or China's Cabinet, which was presided over by Premier Wen Jiabao, after U.S. and European stock markets as well as most Asian stock markets slumped on fears of mounting economic growth and debt strains.

China supports the joint statement by finance ministers and central bank governors of the Group of 20 on stabilizing financial markets, said a statement released after the meeting.

Relevant nations should work to maintain investment security and stable operation of markets, and international communities should strengthen cooperation and coordination of macroeconomic controls to push forward strong, sustainable and balanced growth of global economy, the statement said.

Email|Print|Comments(Editor:梁军)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Chinese naval fleets carry out missile attack drill

  2. Flower-like women

  3. Female soldiers march into history

  4. Lovely beluga gives performance

Most Popular

Opinions

  1. History of US debt is history of US wars
  2. Ending China's worship of almighty GDP
  3. China urged to reform export tax rebate system
  4. China must take its own path
  5. US should not threaten balance in China relations
  6. Chinese economy will not derail
  7. China has no model, only its own path

What's happening in China

Female soldiers march into history

  1. China to Sue ConocoPhillips for Oil Leaks
  2. Man axing wife's lover charged with murder
  3. 'Staycation'
  4. Tourist trains set off from Moscow to Beijing
  5. Different childhood: growing up at dumping site

PD Online Data

  1. The Tartar ethnic minority
  2. The Xibe ethnic minority
  3. The Miao ethnic minority
  4. The Maonan ethnic minority
  5. The Lahu ethnic minority