BIZCHINA> News
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BIZCHINA> News
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China to carry out its responsibility in global economic meltdown
(Xinhua)
Updated: 2008-10-07 20:13 BEIJING - China will carry out its responsibilities in global efforts to conquer the economic meltdown, Vice Premier Zhang Dejiang said here Tuesday. In a meeting with Christian Wulff, Prime Minister of Germany's state of Lower Saxony, Zhang said the economic meltdown in the United States not only cast a shadow on Europe, but also influenced China. "If we two countries enhance cooperation, we can increase our ability to conquer the crisis," Zhang told Wulff. "As a responsible country, China would discharge its responsibilities." Wulff, who is also vice chairman of the Christian Democratic Union (CDU), said the steady development of China's economy was "vital" to mitigating the economic volatility. China was an important factor for stability, Wulff said. Zhang said China set great store in relations with Germany and pledged to enhance bilateral ties, as the two countries "have no geopolitical disputes, and both sides will benefit from cooperation". China would like to create favorable conditions for German companies, he said. Zhang also spoke highly of Wulff's efforts in promoting cooperation and exchange between Lower Saxony and Chinese provinces, pledging to contribute more to the development of China-Germany friendship. Wulff said though there was some friction between the two sides, but Germany wanted to see the steady development of China-Germany ties. (For more biz stories, please visit Industries)
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