NANJING, Nov. 29 (Xinhua) -- China hopes the world's major reserve currency will maintain stable, said Chinese Premier Wen Jiabao here Sunday when meeting with three Euro Group leaders.
He was speaking with Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker, European Central Bank President Jean-Claude Trichet and European Union Economic and Monetary Affairs Commissioner Joaquin Almunia ahead of the 12th EU-China summit.
China has maintained the stability of the exchange rate of the Renminbi (RMB), making an important contribution to global financial stability and economic development, he said.
He said China will continue to enhance the flexibility of the RMB exchange rate, acting on its own initiative and in a controllable and gradual manner, and keep it basically stable at reasonable, balanced levels.
Juncker said the EU is willing to strengthen communication and coordination with China on monetary policies.
Chinese premier meets with European Commission president
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Chinese Premier Wen Jiabao (R) shakes hands with European Commission President Jose Manuel Barroso during their meeting in Nanjing, capital of east China's Jiangsu Province, Nov. 29, 2009. (Xinhua/Zhang Duo)
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NANJING, Nov. 29 (Xinhua) -- Chinese Premier Wen Jiabao met here with European Commission President Jose Manuel Barroso ahead of the 12th China-European Union (EU) summit, due to be held Monday morning.
Wen said that China attached great importance to the summit, as it was a meeting to be held prior to the 35th anniversary of China-EU diplomatic ties. Full story
Chinese FM meets trio of EU foreign ministers
NANJING, Nov. 29 (Xinhua) -- Chinese Foreign Minister Yang Jiechi met here Sunday with a trio of the European Union (EU) foreign ministers ahead of the 12th China-EU Summit.
The trio included Swedish Foreign Minister Carl Bildt, EU Commissioner for External Relations Benita Ferrero-Waldner and Spanish Secretary of State for Foreign Affairs Angel Lossada Torres-Quebedo. Full story
Chinese premier meets EU financial officials
NANJING, Nov. 29 (Xinhua) -- Chinese Premier Wen Jiabao met here with a trio of European Union (EU) financial chiefs Sunday ahead of the 12th China-EU summit.
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Chinese Premier Wen Jiabao (2nd R) meets with Luxembourg Prime Minister and Eurogroup President Jean-Claude Juncker (5th R) in Nanjing, capital of east China's Jiangsu Province, Nov. 29, 2009. (Xinhua/Rao Aimin)
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Wen held talks with Euro Group President and Luxembourg Prime Minister Jean-Claude Juncker, European Central Bank President Jean-Claude Trichet and EU Economic and Monetary Affairs Commissioner Joaquin Almunia. Full story
Factbox: Green economy in Jiangsu Province, rendezvous of EU-China Business Summit
NANJING, Nov. 29 (Xinhua) -- The fifth China-EU Business Summit will be held Monday in Nanjing, capital of east China's Jiangsu Province.
Jiangsu's GDP grossed 2.39 trillion yuan (350 billion U.S. dollars) in the first three quarters of 2009, up 11.7 percent year-on-year. The production value of green industries, especially high-tech industries, grew by 60 percent. Full story
Time not right for stimulus policy exit: China, EU
NANJING, Nov. 29 (Xinhua) - Political and economic leaders from China and the European Union (EU) appealed here Sunday that countries should not take an "early withdraw" from their economic stimulus packages since they are still need to maintain the global economic recovery trend.
"An early withdraw would lead to a loss in what we have achieved," said Chinese Premier Wen Jiabao while meeting with a trio of European leaders ahead of the 12th EU-China summit.Full story
