China 'needs to take active role'

A top economist and leading bankers said yesterday that China should be an active player in rebuilding the battered international financial system in order to ensure a stable and mutually beneficial global economic order.

"We should be an active in the coming international negotiations and try our best to play a role," said Guo Shuqing, chairman of China Construction Bank, one of country's four largest lenders.

Currencies, such as China's renminbi, should be added to the international basket of reserve currencies along with the US dollar, the euro and the Japanese yen.