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Special> Global Financial Crisis> Latest
UPDATED: November 8, 2008  
Premier Wen Holds Telephone Talks With British PM on Financial Crisis
Wen said the Chinese government has already taken a series of policy measures to further expand domestic demand

 Chinese Premier Wen Jiabao on Friday spoke over the phone with British Prime Minister Gordon Brown about the current international financial situation.

Wen said the Chinese government has already taken a series of policy measures to further expand domestic demand, and will continue doing so to safeguard stability of the economy, as well as the financial and capital markets.

These measures are the most important and effective that China can offer in the fight against the current financial unrest, Wen added.

A victory over the ongoing crisis would require joint efforts from the international community, the Chinese leader said, adding that countries should work together to boost the setting up of an international financial system that is fair, equal, tolerant and well-ordered.

Wen said the Chinese government will support the reforms initiated by international financial organizations, and is looking forward to strengthening cooperation with all parties concerned at the G20 summit on the financial crisis slated for Nov. 15 in Washington.

Brown, for his part, said Britain hails the efforts made by the Chinese government in view of the worldwide financial crisis, and that China's continuous and steady economic development will benefit the world.

The British government thinks highly of China's role in boosting the reform of the international financial system and in tackling the current crisis, and wishes to keep in close touch with China in this regard, Brown added.

(Xinhua News Agency November 7, 2008)


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