Hu calls for open, just world trade By Hu Qihua (China Daily) Updated: 2005-07-08 05:59
This is the second time Hu has been invited to participate in G8 dialogue
since 2003.
Leaders of the five developing states welcomed a decision adopted by G8
finance ministers to promote further debt relief for a number of the world's
poorest countries.
![Chinese President Hu Jintao (L) and his wife Liu Yongqing arrive at Prestwick airport in Scotland for the G8 Summit at Gleneagles, Scotland, July 6, 2005. Aid, debt relief and climate change top the agenda for leaders of the G8 -- the Group of Seven industrialised nations plus Russia -- who are meeting for three days from Wednesday in Gleneagles, Scotland. The leaders will also discuss rising oil prices and their implications for global growth. [Reuters]](xin_23070208064775367324.jpg)
Chinese President Hu Jintao (L) and his wife
Liu Yongqing arrive at Prestwick airport in Scotland for the G8
Summit at Gleneagles, Scotland, July 6, 2005.
[Reuters] | Some observers say Hu's attendance indicates that developed industrial
countries increasingly recognize China's influence on the world economy.
"China needs the G8 and the G8 needs China," said Shen Jiru with the
Institute of World Economics and Politics under the Chinese Academy of Social
Sciences.
With increasing new threats and challenges to world relations, such as
regional security and economic integration, it is impossible for any country to
deal with those problems independently, Shen said.
He expressed belief that an expanding dialogue between G8 and developing
countries would become the norm. "It is hard to see how the international
community can deal with major world issues without involving influential
developing countries like China," Shen said.
On the sidelines of the summit, Hu also met British Prime Minister Tony
Blair, German Chancellor Gerhard Schroeder and French President Jacques Chirac.
They exchanged views on Sino-EU relations, and sensitive issues including
Europe's 16-year arms embargo on China, and the possible granting to China of
full market economy status.
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