China called on the international community to substantially help developing countries to maintain financial stability and economic growth so as to cope with the global financial crisis.
Vice Foreign Minister He Yafei, also special envoy of Chinese President Hu Jintao, made the remarks at a high-level meeting convened by the UN Secretary-General Ban Ki-Moon and Emir of Qatar Sheikh Hamad Bin Khalifa Al-Thani on Friday in Doha.
According to a press release from the Chinese Foreign Ministry on Saturday, China put forward a five-point proposals at the meeting.
The vice foreign minister also called on countries to pay special attention to the impact their own macro-economic policies may bring to the developing countries.
He urged the international financial organizations to establish a more facilitated mechanism by measures such as relax loan condition.
He called on the international community to restrain the trade protectionism and promote the Doha round negotiations to achieve positive results. He also called for a stronger role of the United Nations in pushing forward development.
More than thirty state leaders and ministers attending the UN high-level conference on financing for development, as well as leaders of the World Bank and economic cooperation development organizations.
The meeting analyzed the global financial crisis and the looming economic recession, as well as the impact that food shortage, energy crisis and climate change may imposed on global development, the press release said.
The meeting said under current situation, all countries should strengthen multilateralism, form partnership, increase governmental aid, fulfill commitments to developing countries, reform financial systems, and promote the World Trade organization's Doha round to end as early as possible.
The participants also agreed that global development needs a stronger role of the United Nations, according to the press release.
(Xinhua News Agency November 29, 2008)
