Special Report: Global Financial Crisis
BEIJING, Oct. 21 (Xinhua) -- Chinese President Hu
Jintao on Tuesday spoke over phone with his U.S. counterpart George W. Bush
about international cooperation to cope with the ongoing global financial
The leaders exchanged ideas about the planned
international financial summits and strengthening international cooperation to
stabilize the financial markets.
Bush said the United States hopes to make joint
efforts with the international community to seek measures to overcome the crisis
and maintain the stability of the world economy.
Hu, for his part, said China has noted the efforts
made by the U.S. government to stabilize the domestic financial market. He
expressed hope that the measures would take effect as soon as possible, restore
investor confidence and prevent further expansion of the crisis.
The measures are conducive to the stability of the
world economy and financial markets, Hu said.
The Chinese government has taken a series of
important measures to tackle the financial crisis and maintain the stability of
financial and capital markets, as well as ensure steady economic growth, he
The government of China will continue to assume a
responsible attitude toward the Chinese people and people of other countries,
and to work closely with the international community to maintain the stability
of the global economy and financial markets, President Hu said.