Special Report: President Hu Attends G20 London
Summit
LONDON, April 2 (Xinhua) -- Chinese President Hu
Jintao addressed the Group of 20 summit and met with leaders from Australia,
Japan, Brazil and Britain on the sidelines of the meeting here Thursday.
The most pressing task in countering the global
financial crisis is to restore global economic growth and prevent a serious
recession, Hu said at the second G20 financial summit.
The financial crisis is "still spreading and
deepening," and its impact on the global real economy is "becoming more and more
evident," he said.
"The most pressing task now is to make every effort
to restore global economic growth and prevent a serious recession," he said.
He urged to oppose trade protectionism.
"Protectionism was prevalent during the Great
Depression in the1920s and 1930s, but it only led to grave consequences. Lessons
of history must be learnt," Hu said, adding that no country should resort to
protectionism under the excuse of stimulating the economy.
"We should jointly oppose those discriminatory
practices against foreign workers under the excuse of protecting domestic jobs,"
the president said.
"We should work together to oppose trade
protectionism in all manifestations and reject attempts to raise the market
access threshold under various excuses and all forms of investment protectionism
that harm the interests of other countries," he said.
He called on the international community to join
hands to tide over the current global financial crisis.
"We have the enabling conditions to tackle the
financial crisis," Hu noted, saying that the world economy is "on a solid
material and technological footing."
Hu described the G20 as an important and effective
platform for concerted international efforts to counter the economic and
financial crisis.
The Chinese president on Thursday met with Australian
Prime Minister Kevin Rudd after the second G20 financial summit ended.
The two leaders discussed bilateral relations and
ways to implement the agreement reached at the London summit.
Hu said that in recent years the development of
Sino-Australian relations has been gaining momentum in an all-around way. Both
sides have maintained frequent exchanges of high-level visits and deepened
mutual political trust.
New achievements have been made in cooperation in
energy, resource, environmental protection, education and culture, Hu said,
adding that both countries have also enhanced exchanges and coordination in
international and regional affairs.
On the sidelines of the G20 meeting, the Chinese
president met with Japanese Prime Minister Taro Aso to discuss ties between the
two Asian neighbors and major world and regional issues.
During his meeting with Brazilian President Luiz
Inacio Lula da Silva, Hu said China will continue to strengthen cooperation with
Brazil to fight the current international financial crisis.
The Chinese president said that the Sino-Brazilian
relations have got off to a good start thanks to the joint efforts of both
sides, and breakthroughs in cooperation have been made in such areas as oil,
infrastructure construction and finance.
He said China will work with Brazil to seize the
opportunities, continue to implement the bilateral consensus, and give
priorities to the following three aspects in promoting the strategic partnership
with Brazil.
First, both sides should soundly carry out high-level
exchanges. The Chinese side welcomes Lula to pay a state visit to China again
next month, Hu said.
Second, both sides should make efforts to push
forward trade and economic cooperation, which is of great significance in
addressing the current financial crisis, said the president.
Third, the two countries should conduct closer
multilateral cooperation, Hu said.
He said China and Brazil have conducted close
cooperation at the financial summits both in Washington last year and in London
this time, making important efforts to promote reforms of the international
financial system and secure a bigger say for developing countries in the
decision-making process in international economic and financial affairs.
"China will continue to strengthen cooperation with
Brazil in this regard," said Hu.
Lula said China has made major contributions to the
success of this financial summit.
He said the two countries should expand bilateral
economic and trade cooperation and push for an early recovery of the world
economy.
Hu also met with Britain's Prince Charles on Thursday
and exchanged views with him on the protection of ancient architecture and
rainforest.