Zhou Xiaochuan Said China Increased Its Proportion To Euro Investment

In addition to the European Central Bank's investment in foreign exchange reserves, China also has sovereign wealth funds, commercial banks, national development banks, import and export banks, investment funds and investment in the business sector.

In the past three years, the economic crisis that has not yet ended has taught foreigners a lot of idioms which express "lips and teeth" with China.

From the early "co operation" to yesterday's "all the brothers in the four seas" of the European Commission President baroz, during the two day's trip to China, the European Union tried to arouse the Chinese side's symbiotic resonance with China's European economic relations with the "tender card": the European debt crisis highlighted the importance of China and Europe to each other, and no country or group of countries could do anything about it.

Yesterday, Europe also received a comprehensive reply from China: China closely watched and supported.

Zhou Xiaochuan: China will continue to buy eurozone State bonds

Yesterday, Chinese President Hu Jintao met with European Council president von van Rompuy and European Commission President Barroso at the Great Hall of the people. He said that China is closely watching and supporting measures taken by the European Union, the International Monetary Fund and the European Central Bank to deal with European debt problems, and will continue to strengthen communication and coordination with the European Union to promote central Europe.

Premier Wen Jiabao also said on 14 th that China supports the European side's response.

At the same time, Zhou Xiaochuan, governor of the Central Bank of China, said in a speech at the capital foreign economic and Trade University yesterday that China will continue to buy eurozone State bonds in the premise of maintaining liquidity and value added principles, and through Europe, such as IMF and Europe.

Zhou Xiaochuan also said that the people's Bank of China strongly supported the measures put forward by the European Central Bank on monetary policy. China's attitude towards the euro area is consistent: besides the central bank's investment in Europe on foreign exchange reserves, there are also China's sovereign wealth funds and businesses.

"We always maintain our investment in the euro.

At the same time, with the

In response, Chinese Foreign Ministry spokesman Liu Weimin once again made a summary of China's position on the European debt crisis at its regular press conference yesterday.

He stressed: "the Chinese leaders have made it clear that China supports the EU's efforts to deal with the European debt problem, and has confidence in the euro and the European economy, and is willing to maintain communication with the European Union on more involvement in solving the European debt problem."

Fan Longpei: neither China nor Europe wants a single currency to dominate the world.

Yesterday, Fan Longpei and Barroso, who appeared in the Capital University of foreign trade and economics, were in a state of great difference compared to the slapdash of last year's deep involvement in Greek farce.

In his speech, Barroso delivered a strong signal that the European Union would survive with the euro: "in fact, the euro is more than just one kind.

"We can make it clear that the future of European integration is inseparable from the future of the euro."

Barroso said, however, the euro and European policies not only benefit Europeans, but also benefit the European partners after the birth of the euro.

For example, China should have a deep understanding in this respect. As the largest trading partner of the European Union, China and Europe have a daily business value of more than 1 billion euros.

Compared with the top European politician Barroso, van Rompuy's speech has been more direct.

"Remember, when faced with difficulties, European leaders will do everything they can to defend the euro and euro zone finance.

"At the same time, the Chinese leaders also recognized that the fundamentals of European economy were healthy, and public debt was lower than that of the United States and Japan.

Fan Longpei quoted the famous saying, "no one is an isolated island. We are all part of the mainland."