Chinese president attends G20 financial summit in London

Source: Xinhua | 04-02-2009 16:43

LONDON, April 2 (Xinhua) -- Chinese President Hu Jintao and other leaders of the Group of Twenty (G20) members gathered in London Thursday for a summit to discuss how to tackle the financial crisis and stimulate an earlier world economic recovery.

At the meeting, the leaders will exchange views mainly on such subjects as enhancing the coordination of macroeconomic policies, strengthening international financial regulation and stabilizing global financial market, as well as reforming international financial institutions.

President Hu willl deliver a speech at the summit to elaborate China's opinions and proposals on these subjects, according to Chinese Vice Foreign Minister He Yafei.

On Tuesday, President Hu told Xinhua that with the impact of the global financial crisis on the real economy spreading and deepening, priorities should be given by various countries to adopting economic stimulus measures in line with their own situations and working hand in hand to promote growth and employment and improve the people's lives.