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China to attend G20 summit on financial crisis

(Xinhua)
Updated: 2008-10-25 17:15

Chinese Premier Wen Jiabao said in Beijing on Saturday that China would actively attend the G20 summit on financial crisis slated for November 15 in Washington.

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"We will discuss with world leaders on measures to cope with the financial crisis in a pragmatic and cooperative manner," Wen told a press conference at the end of a two-day summit of the Asia-Europe Meeting.

"I think what we should do to cope with the crisis can be summarized as confidence, cooperation and responsibility," said the premier.

"We are very glad to see that many countries have taken measures that have initially proved effective. But this is not enough given the current situation, and more needs to be done."

The stability of financial market is key to stabilizing the whole economy. "The first important message that the two-day summit has conveyed is firm confidence, and I think confidence is the source of power to overcome difficulties," Wen said.