Mexican official hails China's role in containing global crisis

MEXICO CITY, Feb. 28 (Xinhua) -- China has played a very important role in coping with the global financial crisis, contributing to stronger growth of the world economy, a Mexican official said.

Gerardo Rodriguez Regordosa, deputy minister of finance and public credit, made the remarks late Monday in an interview with international media.

Regordosa said China, as the world's second-largest economy, could help the world economy grow in a more sustainable way with its contribution.

He said China has rebalanced demand toward domestic consumption by implementing measures to strengthen social safety nets, increase family income and transform the economic growth pattern.

On the debt crisis in Europe, the official said that the structural reforms that European nations have undertaken were moving toward the right direction.

Europe is working hard to solve the underlying problem of the crisis, he said, adding that the following weeks will be very important for Europe as it is widely-considered as the time for the continent to make progress in controlling the crisis.