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Vice premier meets with Financial Stability Forum chairman
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Chinese Vice Premier Wang Qishan said China will continue to join in international efforts addressing the global financial crisis.

Wang made the remark when meeting with Mario Draghi, chairman of the Financial Stability Forum (FSF), at the headquarters of the Chinese Government in Beijing on Wednesday.

Wang said the current global financial crisis is spreading and having an increasingly great impact on the real economy.

In response to this crisis, China adopted a series of policy measures to expand domestic demand and stimulate economic growth, he said. At the same time, China will push forward reform and opening-up to the outside world to accelerate economic restructuring.

Wang said China will earnestly carry out follow-up tasks set by the G20 Summit on Financial Markets and the World Economy.

Draghi, also governor of the Central Bank of Italy, spoke highly of the Chinese Government's policy measures addressing the financial crisis. He said under the current situation, it's especially important to strengthen cooperation among all countries.

Draghi said the FSF will focus on perfecting the international financial system. The forum will enlarge its membership and make active efforts to promote stability of the global financial market.

The FSF was initiated in April 1999 to promote international financial stability through information exchange and international cooperation in financial supervision and surveillance.

(Xinhua News Agency December 18, 2008)

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