China says it is ready to take a more active role in looking for a solution to the European debt crisis.
Prime Minister Wen Jiabao made the statement at the opening of an EU-China summit in Beijing.
Until now China has made no specific pledge of assistance.
European debt looks set to dominate the meeting, with China increasingly concerned about the potential knock-on effect on its own economy.
EU President Herman Van Rompuy asked for better access for European countries to the Chinese market.
“I’ve repeatedly stressed the need for a level playing field for European business, including better market access for European companies: the protection of investment and intellectual property and our concerns about protectionism. With premier Wen when we agreed on the need to promote more investments in both directions,” he said.
In the face of increasing concern over Europe’s dependence on China, the Communist Party’s People’s Daily has said Beijing had no intention of “buying Europe”.
EU leaders want China to invest some of its large foreign exchange reserves in a bailout fund to help debt-stricken countries.
On Wednesday, Van Rompuy and EU Commission President José Manuel Barroso are due to meet the Chinese President Hu Jintao.
Copyright © 2014 euronewsMore about:
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Sweden becomes first EU country to recognise the Palestinian State | euronews, world news
- 3Italy swamped by flash floods | euronews, world news
- 4Back to School for Romania’s new First Lady | euronews, world news
- 5What will you ask US Senator John McCain? | euronews, world news
- 6Turkish president Erdogan unveils his new palace of a thousand rooms | euronews, world news
- 7India PM Modi appoints Yoga minister | euronews, world news
- 8Vladimir Putin most powerful man in the world – Forbes | euronews, world news
- 9[Live] Rosetta’s Philae lands on comet 67P and enters the history books | euronews, world news
- 10European e-revolution people rise up | euronews, world news
- 11International tv news | euronews: European and International tv news bulletin
- 12Where is the best place in Europe for women? | euronews, world news
- 13Irony as organised crime prosecutor arrested for corruption in Romania | euronews, world news
- 14Obama’s ‘risky’ immigration gamble | euronews, world news
- 15Nadia Comaneci: gymnast of perfection and defector | euronews, the global conversation
- 16Putin plans to leave G20 talks early amid Ukraine pressure | euronews, world news
- 17Transcript of hanged Iranian woman’s final message released | euronews, world news
- 18International breaking news | euronews online world breaking news in video
- 19Syria: Islamic extremists pledge to press ahead with battle for Kobani | euronews, world news
- 20Edgars Rinkevics: “I am gay. Good luck all of you.” | euronews, world news
Wires > Business
- 05:51 CET Asia shares climb on U.S. optimism
- 04:59 CET Samsung Group sells shares in chemical, defence arms for $1.7…
- 04:37 CET Asia shares climb on U.S. optimism, oil pressured before OPEC
- 03:30 CET Samsung Group sells shares in chemical, defence arms for $1.7…
- 01:59 CET Goldman, BASF, HSBC accused of metals price fixing – U.S. lawsuit
- 01:52 CET Asia shares climb on U.S. optimism, oil pressured before OPEC
- 01:41 CET Asia shares climb on U.S. optimism, oil pressured before OPEC
- 01:07 CET British banks’ rotten culture will take generation to fix – think…