World has expectations from G20 summit: China

November 3rd, 2011 - 3:29 pm ICT by IANS  

Cannes (France), Nov 3 (IANS) The international community has expectations from the G20 Summit here in view of the slow recovery of the global economy, Chinese President Hu Jintao has said.

Hu made the remarks Wednesday when he met his French counterpart Nicolas Sarkozy here and discussed issues of common concern.

“The Chinese side actively supports the French side to host the summit,” Xinhua quoted Hu as saying.

Sarkozy expressed appreciation on the efforts China has made to prepare for the summit.

He said the French were ready to strengthen coordination and cooperation with the Chinese for positive results from the summit.

Hu said Europe was the largest economy in the world, and there would be no recovery of global economy without the recovery of European economy.

“We believe that Europe has all the wisdom and capability to resolve the debt problem,” he added.

President Hu paid a state visit to France in November last year and met Sarkozy in March and August this year when the French president traveled to China.

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