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Visits build confidence

0 Comment(s)Print E-mail China Daily, June 15, 2012
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President Hu Jintao's ongoing state visit to Denmark will bring the relationship between the two countries to an unprecedented level and set the tone for bilateral cooperation in the future.

Hu's visit, the first by a Chinese president to the Nordic country since the two established diplomatic ties in 1950, will further enrich the comprehensive strategic partnership between Beijing and Copenhagen. During his visit, the two governments are expected to sign a number of agreements in green technology, renewable energy and agriculture.

Sino-Danish friendship has enjoyed a long tradition and flourished over the years as the two have expanded their interaction into many fields, including science and technology, culture and education. Meanwhile, the volume of bilateral trade registered a year-on-year increase of 18.3 percent in 2011, to reach $9.26 billion.

We have every reason to believe Hu's visit to Denmark will inject new vitality into bilateral ties and pave the way for bilateral cooperation to deliver even greater benefits to the two countries. It will also have positive influence on Sino-European relations, as Denmark holds the presidency of the European Union in the first half of 2012.

After his Danish trip concludes on Saturday, Hu is scheduled to attend the upcoming G20 summit in Los Cabos, Mexico. China hopes the Los Cabos summit will take account of the overall global economic recovery and come up with powerful responses to support eurozone countries, so that they can take effective measures to overcome their difficulties.

True, it is up to G20 members to decide whether Greece should feature in the summit's agendas. And European leaders have repeatedly said they have the determination, capability and resources to resolve the sovereign debt crisis.

However, if the crisis endangers international economic and financial stability, the international community should pay attention to it and offer help to Greece. Recently, signs indicating the eurozone crisis is deteriorating have repeatedly dampened the confidence of global investors.

Hence, as a major international platform focusing on urgent risks and challenges in the global economic and financial sectors, it is only natural for the upcoming summit to focus on the euro debt issue.

The world community expects the G20 to reach a timely and decisive consensus to prevent the European financial crisis from spreading, and that the G20 leaders send positive signals to buoy up confidence in Europe's economic revival.

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