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President Hu to attend G20 summit on financial crisis
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Chinese President Hu Jintao will attend the G20 summit on financial crisis slated for Nov. 15 in Washington, the Foreign Ministry announced in Beijing on Tuesday.

"At the invitation of U.S. President George W. Bush, President Hu Jintao will attend the G20 summit on financial markets and the world economy on Nov. 15," spokesman Qin Gang said at a regular press conference.

The summit, called by Bush in mid-October, has been compared to Bretton Woods, the international meeting at a New Hampshire mountain resort in 1944 that led to the creation of the International Monetary Fund.

China has repeatedly called for close global coordination to address the crisis, while making efforts to maintain relatively fast and stable economic growth at home.

"In the face of this global challenge, the international community should enhance policy coordination, strengthen cooperation and come up with a common response," Hu said when addressing the opening ceremony of the Seventh Asia-Europe Meeting which opened in Beijing on Oct 24.

He also said China's sound economic growth was in itself a major contribution to global financial stability and economic growth.

Following the G20 meeting, Hu will visit Costa Rica, Cuba, Peru and Greece from Nov. 16-26. Qin said this will happen at the invitation of the leaders of the four countries.

During that time, Hu will attend the Asian-Pacific Economic Cooperation summit in Peru which is on Nov. 22-23.

Hu will also pay a state visit to Greece from November 24 to 25, Qin added.

(Xinhua News Agency November 4, 2008)

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