ROME, July 6 (Xinhua) -- Chinese President Hu Jintao
on Monday spoke out against protectionism that has shown signs of growth after
the start of the global economic downturn.
Speaking to a business forum in Rome attended by more
than 500 business leaders from China and Italy, Hu said the principle of opening
up should be adhered to in international trade and economic cooperation, calling
for opposition to protectionism of various forms.
Hu said China sent several delegations to Europe to
purchase goods and boost mutual investment just months after the global
financial crisis began.
China's move is to boost bilateral economic
cooperation and the common development worldwide at large, Hu said.
Hu said China and Italy should join hands to take
concrete actions to fight protectionism in international trade and investment
and strive to safeguard an open, fair global economic and trade system.
In his speech, Hu also offered a five-point proposal
on boosting trade and economic cooperation between China and Italy, including
creating a better investment environment and encouragements for small and medium
businesses.
Hu said Italian companies are welcome to explore
business opportunities in China and that his government also encourages Chinese
companies to invest in Italy.
The Chinese president arrived here Sunday for a state
visit, and he will also attend the outreach session of the Group of Eight (G8)
summit scheduled for Thursday in the central Italian city of L'Aquila.
Special Report: President Hu attends G8 - emerging economies dialogue
