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China

Head of State

President of China, Hu Jintao. © Getty ImagesChina’s Hu Jintao has been president since 15 March 2003, replacing Jiang Zemin who had held the position since 1989. He also currently serves as general secretary of the Communist Party of China’s (CPC) Central Committee and chair of the Central Military Commission (CMC). Before entering into politics Hu worked as an engineer. He joined the CPC in April 1964, and began working with the party in 1968. In 1992, he was elected member of the Standing Committee of the Political Bureau of the CPC Central and re-elected in 1997. He became vice-president of China in March 1998 and vice-chair of the CMC in 1999. In 2002, Hu was elected general secretary of the CPC Central Committee.

He was born in Jiangyan, Jiangsu, China on 21 December 1942. In 1965 he received his engineering degree from Tsinghua University. He is married to Lui Yongqing.
Source: www.g20.utoronto.ca

Latest

31/03/2009

China Daily argues that the bottom line for the London Summit is to resist protectionism and to improve the world's capacity to manage globalisation. 

27/03/2009

Chinese Vie President, Wang Qishan. © Getty ImagesWriting in The Times of London, Vice-Premier Wang Qishan says China believes the developing world should have a stronger say in how the international financial system is run.

'China is ready to play an active part' – Vice Premier

25/03/2009

The goal of reforming the international monetary system should be to create an international reserve currency that is disconnected from individual nations, argues Zhou Xiaochuan, governor of the People's Bank of China (China Daily).

24/03/2009

China is considering buying bonds issued by the IMF, announced central bank deputy governor Hu Xiaolian.

In a video interview with China Daily, Duncan Sparkes, Economic Counsellor at the British Embassy in Beijing, said the UK would support an expanded Chinese role in international financial institutions at the London Summit. 'That means giving China, among others, a bigger say in the way the organization (the IMF) is run,' Mr Sparkes said.

23/03/2009

China will be flexible on some sensitive issues in global trade talks to stem the rising tide of protectionism, said Commerce Minister Chen Deming. China Daily reports that Chen urged the US government to build on agreements reached at previous rounds of talks of the so-called Doha Round.

Ten influential financial industry experts and officials spoke at a seminar entitled 'The Road to the London Summit,' co-hosted by the China Europe International Business School and the British Consulate General, Shanghai, to identify best outcomes for the upcoming Summit.

19/03/2009

China must play a greater role in the G20 to minimise the impact of the global financial crisis, argues Huang Ping of the Chinese Academy of Social Sciences.

16/03/2009

China Daily reports that four of the largest developing nations - Brazil, Russia, India and China - have called for emerging economies to have a bigger say in the global financial system.

13/03/2009

China Daily reports that President Hu Jintao and US President Barack Obama are likely to discuss climate change issues when they meet for the first time at the London Summit.

At his closing press conference at the National People's Congress, Premier Wen Jiabao said China was ready to roll out a new stimulus package at any time, and that assistance to developing countries should top the agenda of the London Summit.

11/03/2009

China should have its say in reconstructing the global economic and financial order, said Chi Fulin, president of China Institute for Reform and Development, in an online chat with China Daily.

05/03/2009

China Daily says the increasing interconnection between the Chinese economy and the rest of the world has made it more necessary than ever for Chinese authorities to weigh domestic priorities and international implications together.

04/03/2009

Prepare for the worst, recommends China Daily amid worsening economic news from the United States. The Chinese government should be prepared to expand the fiscal stimulus package and deepen structural reforms.

02/03/2009

Wen Jiabao (Sean Gallup/Getty Images)

The global financial crisis has not yet hit bottom, Premier Wen Jiabao said in his first-ever on-line chat with the public to China Daily. 'The stimulus measures announced by the government have produced good results in certain areas,' Wen told the newspaper. 'But we must fully realize we are facing a long-term and arduous task. We must strengthen confidence in the face of the crisis and be ready to take firmer and stronger action when necessary.'

The same paper reported that China's government was confident of achieving its goal of 8% growth in 2009 despite the global financial crisis, according to the deputy chief of the National Development and Reform Commission.

25/02/2009

China Daily reported that President Hu Jintao had vowed that China would take more forceful measures to boost domestic consumption.

20/02/2009

China Daily reported that the Foreign Ministry said on 19 February, ahead of US Secretary of State Hilary Clinton's arrival in Beijing, that the global financial crisis would not lessen China's resolve to combat global warming.

16/02/09

China Daily argued that the zero-rate interest rate policy being pursued by some developed countries did not necessarily make a good option for China.

11/02/09

Jaspal Bindra, Chief Executive (Asia) of Standard Chartered Bank. © Getty ImagesChina Daily reported that Jaspal Bindra, Chief Executive (Asia) of Standard Chartered Bank, said the economic crisis would fundamentally alter the economic balance of power between West and East.

10/02/09

Denouncing protectionism, Vice-Commerce Minister Jiang Zengwei said China would not practice a 'Buy China' policy. It would treat domestic and foreign products equally - China Daily

04/02/09

British Prime Minister Gordon Brown (R) and Chinese Premier Wen Jiabao (2nd L) sit their breakfast meeting in 10 Downing Street. © Getty ImagesAt the UK-China Summit in London on 2 February, Prime Minister Gordon Brown and Premier Wen Jiabao agreed a joint statement on dealing with the international financial crisis.

An editorial in the China Daily newspaper argued that the country's most important contribution to resolving the crisis should be to manage its own economy well.

China

Recent news and events

Gordon Brown - London Summit press conference
06/04/2009

Prime Minister Gordon Brown answered questions from the media at the end of the London Summit, 2 April 2009.

David Miliband on the success of the London Summit – and the challenges ahead
03/04/2009

Miliband on the challenges facing the G20 and the new digital diplomacy

Global plan for recovery and reform
02/04/2009

The official communique issued at the close of the G20 London Summit.




Ministers' Answers

Foreign Secretary David Miliband answers questions posed by senior journalists from Brazil, Russia, India and China in a round-table discussion ahead of the London Summit.

David Miliband and BRIC countries journalists Daniela Milanese, Alexander Smotrov, H.S. Rao
and He Dalong.
go

YouTube debates

Go to Lawrence Lau webcast
Lawrence Lau, President of the Chinese University of Hong Kong thinks the most important thing is to 'think through regulation in a way that does not encourage hazard … For example, a simple change could be to require the original lender to take back a mortgage if it defaults in the first three years.'

Get more Views from Asia on the London Summit.

 

FCO bloggers - China and the global crisis

Go to Peter Wilson's blog. Peter Wilson, Political Counsellor at the Embassy Beijing.
 

Editors' blog