China urges G20 to cooperate over Eurozone debt crisis

In an interview with a Mexican newspaper, Reforma, the Chinese President Hu Jintao, urged G20 members to approach the European debt crisis in a "constructive and cooperative way, encourage and support efforts made by Europe to resolve it and send a signal of confidence to the market"

Hu said,

"In the current world economic environment, the G20 members should stick together in difficult times and pursue win-win cooperation."

"We should continue to oppose protectionism in all forms and advance the Doha round negotiations. We should continue to give high priority to development and promote growth of developing countries so as to increase total global demand,"

"China's economy has maintained stable growth,"

"Facing a complex and grave external economic environment, China has taken targeted measures to strengthen and improve macroeconomic regulation, accelerate the shift of the growth model, adjust economic structure and build long-term mechanisms to boost domestic demand."

"We will continue to pursue a proactive fiscal policy and prudent monetary policy and maintain a balance between ensuring steady and robust growth, adjusting economic structure and managing inflationary expectations,"

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