FM: China plays unique, important role at G20 summit
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E-mail Xinhua, June 21, 2012
Chinese President Hu Jintao had played a unique and important role at the G20 summit held in this coastal resort city, Foreign Minister Yang Jiechi said in Los Cabos.
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Chinese President Hu Jintao speaks at a two-day summit of the Group of Twenty (G20), which started in the Mexican resort of Los Cabos, June 18, 2012. |
Yang said Tuesday that China has actively taken part in the international community's effort to address the financial crisis.
President Hu has participated in all of the G20 summits over the years and has played an important and constructive role in advancing stability and recovery of the world economy, he said.
Yang made the remarks during an interview with Chinese media at the conclusion of the G20 summit, which was held here on Monday and Tuesday.
Yang said Hu's presence at the summit strongly promoted the common ground and confidence of the international community and added fresh impetus to the recovery and growth of the world economy.
In his speech at the summit, President Hu elaborated on China's stance and propositions. He also exchanged views with the leaders of various countries who attended the gathering.
Hu pointed out that the G20 members have to continue to uphold the spirit of unity and win-win cooperation, work on securing growth, increasing jobs and promoting stability.
He said they also need to advance steady recovery of the world economy, deepen reforms of the international financial system, promote sound growth of international trade, promote development, and advocate sustainable development.
Hu pointed out that the G20 should strengthen macroeconomic policy coordination, and promote progress and innovation in science and technology.
The G20, he said, should also implement the quota and governance reform of the International Monetary Fund (IMF), strengthen international financial supervision, and improve the international monetary system.
At the same time, Hu said, the G20 should oppose all forms of protectionism and continue to push forward the Doha Round negotiations.
In regard to the serious sovereign debt crisis in some European countries, Hu pointed out that since the European Union is the largest economy in the world, maintaining financial stability and economic recovery in the EU is of great significance to realizing recovery and growth of the world economy.
