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Ambassador Zhou Wenzhong Briefs on G20 Pittsburgh Summit(09/18/09)


On Sept 17, Chinese Ambassador Zhou Wenzhong hosted a briefing on China's policy positions and expectations of the G20 Pittsburgh Summit at the Chinese Embassy in Washington, the Unite States. Editors and reporters from the Associated Press (AP), Bloomberg News, the Washington Post, the Wall Street Journal, the Financial Times, the National Public Radio (NPR) as well as a few American Chinese news organizations attended the event.

Ambassador Zhou pointed out that the G20 Financial Summit is an important and effective platform for the international community to work together to counter the financial crisis and strengthen global economic governance. The previous two summits have achieved important results and extensive consensus. The China hopes that the Pittsburgh Summit held next week will produce positive results in the following four areas: Firstly, continue to enhance coordination of macro-economic policies to promote early recovery of the world economy. Secondly, advance the reform of the international financial governance structure and increase the voice and representation of newly emerging markets and developing countries in accordance with the timeframe set by the London Summit. Thirdly, promote common development and pay attention to the development issue for developing countries, especially the least developed ones. Fourthly, oppose trade protectionism and facilitate early, comprehensive and balanced outcomes of the Doha Round Negotiations.

Ambassador Zhou stated that President Hu Jintao will expound on the views and propositions of China on a number of major issues including the world economic recovery, the reform of the international financial system and the need to address the global development imbalances. President Hu will also highlight the actions taken by China to tackle the financial crisis and the progress that has been achieved. China expects the summit to achieve positive results with the concerted efforts from all sides, which will be conducive to the dealing with financial crisis and promoting the economic recovery.

Ambassador Zhou answered questions and elaborated China's stance on various hot issues, ranging from imbalances in the world economy, reform of the international financial system, China and U.S. trade relations to U.S. special safeguard tariffs on Chinese tires, among other issues.

Ambassador Zhou also told the reporters that the Chinese delegation will set up a briefing room at the David Lawrance Convention Center in Pittsburgh and a media center at the Marriott City Center Hote which will expect the presence of reporters from all over the world.



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