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China reaffirms efforts to revive world economy

(Xinhua)
Updated: 2009-11-20 19:31

BEIJING: Chinese Vice President Xi Jinping on Friday pledged the country would work with other governments to seek global economic revival and sustainable development.

Xi made the pledge in a meeting with visiting Italian Minister of Economy and Finance Giulio Tremonti at the Great Hall of People.

"Thanks to economic stimulus packages and financial rescue measures in various countries, the world economy has shown signs of revival, the financial markets have been stabilizing and the international community has become more confident," Xi said.

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The foundation of world economic recovery, however, was not solid and uncertainty remained, Xi said.

Xi also reviewed the growth of China's ties with Italy, particularly the all-round strategic partnership since 2004.

China and Italy forged diplomatic relations in 1970 and both countries had deepened political trust and shared similar views on regional and international issues.

He highlighted cooperation in trade, finance, science and technology, culture and education, saying those efforts had been fruitful.

Tremonti praised China's measures to tackle the international economic downturn and seek economic growth.

Tremonti said China's economic stability and growth contributed to the recovery of the world economy.