China, Germany pledge joint efforts to stabilize global economy

Source: Xinhua | 01-30-2009 08:11

BERLIN, Jan. 29 (Xinhua) -- China and Germany have vowed to make joint efforts to stabilize the global economy amid the ongoing financial and economic crisis, said a joint statement issued Thursday.

ChinesChinese Premier Wen Jiabao (L) speaks while German  Chancellor Angela Merkel looks on during a news conference  in Berlin Jan. 29, 2009. (Xinhua/Lan Hongguang)

The cooperation between China and Germany, the world's two major export-driven economies, is of special significance for the world's efforts to tackle the financial downturn, said the statement released after visiting Chinese Premier Wen Jiabao's meeting with German Chancellor Angela Merkel.

The two sides agreed to strengthen dialogue on economic and trade, currency and fiscal policies and pledged to support each other on their economic stimulus plans based on their own situations, it said.