14/02/12 12:44 CET
| updated xx mn ago
| updated at xx
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.
- 1HSBC freezes salaries and hiring
- 2Volkswagen emissions scandal delays 2015 financial results and shareholders’ meeting
- 3Love me tender: public contracts are great opportunities for SMEs
- 4ArcelorMittal share issue to counter falling profits from cheap Chinese steel
- 5SWIFT return to international bank transfers for Iran’s banks
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2International news | euronews, latest international news
- 3Most Istanbul blast victims ‘were German’, says Turkey
- 4Madrid to appeal Catalan road to independence from Spain
- 5Hope vs harsh reality: challenges to global education goals in the 21st century
- 6Thousands in Bucharest blame corruption for Friday’s nightclub blaze
- 7Moldova: protesters storm Parliament
- 8Partnering to grow Europe
- 9Norway sends Syrian refugees back to Russia
- 10Extras : euronews : the latest international news as video on demand
- 11Merroussis clinches the 33rd Athens Authentic Marathon
- 12‘National’ funeral for Celine Dion’s husband ‘over the top’
- 13Jorge Lorenzo clinches his third MotoGP title in Valencia
- 14Brussels remains on high alert: ‘multiple operations underway’ across Belgium
- 15Benzema questioned in French sex tape case
- 16Special Reports : euronews : the latest international news as video on demand
- 17Paris: “I would rather see my brother in prison than in a cemetery”
- 18Caught by the Maasai at mid-on ‘Warriors’ play cricket
- 19latest Learning World - All Programmes | euronews : the latest international news as video on demand
- 20account : euronews : the latest international news as video on demand
latest economy news
Volkswagen emissions scandal delays 2015 financial results and shareholders’ meeting
Toyota in optimistic mood over China and US
US jobs growth weaker but steady in January – up by 151,000
ECB’s Draghi: We have to aggressively fight ultra-low inflation
Royal Dutch Shell is latest to have profit hammered by low oil prices
Wires > Business
- 11:13 CET Ex-Anglo Irish CEO says will waive extradition to Ireland if…
- 09:02 CET As Big Oil shrinks, boards plot different paths out of crisis
- 20:35 CET Seven countries call for EU action to help steel industry
- 20:22 CET Investors cheer Argentina’s swift offer to holdouts
- 01:36 CET Exclusive: Pentagon’s budget plan funds 404 Lockheed F-35 jets -…
- 01:08 CET BlackBerry cuts 200 jobs in Ontario and Florida to trim costs
- 23:04 CET New Jersey sues VW over excess diesel emissions
- 22:39 CET Global stocks fall after U.S. jobs report muddles Fed outlook