On November 10, 2011, Chinese Premier Wen Jiabao met with Christine Lagarde, managing director of the International Monetary Fund (IMF) in Ziguangge, Zhongnanhai.
"The European sovereign debt crisis has raised the fiscal and financial risks in developed economies, throwing in severe challenges to world economic recovery," Premier Wen Jiabao said. "The Chinese government will run its own affairs well. And the country is committed to ensuring steady and fast economic growth," Wen said. "China supports the counter measures taken by the European Union, the European Central Bank and the IMF in coping with the sovereign debt crisis," Wen said. China is ready to work with all parties to explore effective ways of cooperation, maintain international financial stability and boost confidence and impetus of achieving strong, sustainable and balanced growth of the world economy.
"China will participate in and promote the IMF's reforms with an open attitude and help the IMF to play a more positive role in financial crisis aid, supervision and coordination of countries' macroeconomic policies and maintaining global economic stability," Wen said.
Lagarde said the IMF praised the Chinese government's measures to promote reform, economic growth and improvement of people's livelihood. China's development has made important contributions to the world for coping with the crisis. As the international pattern is changing, the IMF will strengthen cooperation with China.