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Minister: China to increase imports from eurozone

0 Comment(s)Print E-mail Xinhua, November 4, 2011
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China will purposely further increase its imports from eurozone countries in the future, to help them recover from the debt crisis, Chinese Minister of Commerce Chen Deming said?in Cannes?on Thursday evening.

"Every year we organize all kinds of small, medium and large-size purchasing groups to Europe, and from now on, we will pay special attention to the eurozone countries," he said in a press conference on the sidelines of the two-day Group of Twenty (G20) leaders’ summit.

Under the French presidency, this year’s G20 summit was held in the French resort city of Cannes.

The summit was scheduled to seek consensus and cooperation among the world’s major developed and emerging economies in strengthening global financial regulation, reforming international monetary system and stimulating global economic growth.

However, darkening economic outlook, as well as confusion fuelled by Greek Prime Minister George Papandreou's surprise call for a Greek referendum on the latest aid package for Athens had pushed the eurozone debt crisis into the spotlight of this year’s summit.

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