英语文摘:Chinese president calls for joint efforts to promote global economic recovery

"It cannot be done overnight. We must make persistent efforts to push forward this process. And in doing so, we must also take into account specific circumstances of industrial countries and respect their diverse development paths and models."

President Hu offered examples and experiences to back up the Chinese insight in coping with the ongoing global financial and economic slowdown.

"Since the outbreak of the international financial crisis, China has comprehensively implemented and continuously enriched and improved its package plan and other policy measures in response," He told G20 summiteers.

"As a result, the Chinese economy grew by 8.7 percent in 2009 and contributed its part to regional and global economic recovery. Since the start of 2010, the Chinese economy has maintained steady and relatively fast growth. In the first quarter, the economy grew by 11.9 percent."

President Hu said his country always values sustainable growth which is demonstrated by the country's effort to keep budget deficit under 3 percent of the GDP.

China has been boosting domestic demands so as to better balance off the country's economic development and cope with the global economic slowdown.

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