The discussion between finance ministers of the Group of Eight
(G8) major economic powers and six other countries laid the
groundwork for the upcoming top-level meeting of the G8 and some
developing countries, China's top financial official said on
Saturday.
Russia is chairing the G8 presidency this year and will host a
summit of G8 leaders in St. Petersburg in mid-July.
Chinese Finance Minister Jin Renqing was joined by top financial
officials from India, Brazil, Australia, South Korea and Nigeria at
the discussion Saturday with G8 finance ministers, who gathered in
St. Petersburg of Russia for a two-day meeting that focused on
global economic growth and energy security.
The ministers had an extensive dialogue on global economic
prospects and discussed in detail ways to improve public finance
management and achieve the Millennium Development Goals, Jin
said.
The finance ministers of China, Brazil and India also met in St.
Petersburg to discuss ways to enhance dialogue between developing
countries and the G8 or G7, Jin said.
Earlier in the day, Jin met finance ministers of Germany and
Nigeria respectively to discuss bilateral economic and financial
cooperation.
These financial discussions were all part of China's global
economic diplomacy and global strategy, Jin said.
(Xinhua News Agency June 11, 2006)