President Hu said the underlying impact of the international financial crisis is far from over.
Chinese President Hu Jintao has promised to maintain economic growth to support a global recovery, at the start of an Asia-Pacific summit in the Russian port city of Vladivostok.
China would pursue steady policies and seek to boost domestic demand, he said.
He was speaking ahead of the start of the Asia-Pacific Economic Co-operation (Apec) summit.
All countries in the region, he said, shared a responsibility to maintain peace and stability.
“The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties,” President Hu told businessmen in a speech before the summit.
“The underlying impact of the international financial crisis is far from over.
“We will work to maintain the balance between keeping steady and robust growth, adjusting the economic structure and managing inflation expectations. We will boost domestic demand and maintain steady and robust growth as well as basic price stability.”
Free trade calls
US Secretary of State Hillary Clinton has urged countries in the region to lift more barriers to free trade in the Pacific. American officials say they would welcome a more active Russian role in the region.
“Fostering a balanced and stable economy is a challenge too sweeping and complex for countries to approach in isolation,” Mrs Clinton said.
“If we do this right, globalisation can become a race to the top, with rising standards of living and more broadly shared prosperity.”
Russian President Vladimir Putin, who is hosting the summit, has expressed concern about the world economy, and particularly Europe’s debt crisis.
“The recovery of the global economy is faltering. We can only overcome negative trends by enhancing the volume of trade… enhancing the flow of capital. It is important to follow the fundamental principles of open markets and free trade,” he said.
“The priority goal is to fight protectionism in all its forms. It is important to build bridges not walls.”
Meanwhile, Australian Prime Minister Julia Gillard said she was leaving the talks early to return home after her father died. –BBC News
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
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Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
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Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
