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国内英语新闻:Chinese president calls for concerted G20 efforts to back economic recovery

2010-11-06来源:和谐英语

NICE, France, Nov. 5 (Xinhua) -- Chinese President Hu Jintao on Friday urged major economies to jointly shore up the burgeoning economic recovery worldwide in the wake of the latest global financial crisis.

The call came in Hu's talks with his French counterpart Nicolas Sarkozy in this southern French city, just days ahead of a summit of the Group of 20 main economies in Seoul.

All the parties should strengthen coordination on their macropolicies on the basis of unity, mutual benefit and win-win progress, sending a clear message to the market that they are united against serious global economic challenges, Hu said.

Chinese President Hu Jintao (L) meets with French President Nicolas Sarkozy at the Massena Museum in Nice, France, Nov. 5, 2010.

In this way, they will be able to rally market confidence and maintain the momentum of the recovery of the recession-hit world economy, he added.

Meanwhile, the parties need to promote the reform of the international financial system, improve related supervision and regulation, and expand the representation of emerging economies and developing countries in international financial institutions, Hu said.

Concerted efforts should also be taken to narrow the gap between the North and the South, curb all forms of protectionism and secure a comprehensive and balanced outcome of the Doha Round of World Trade Organization negotiations, he added.