China supports efforts by the European Union and other parties to resolve the euro zone debt crisis, President Hu Jintao said Wednesday at a meeting with Spain's deputy prime minister, Soraya Saenz de Santamaria.
Chinese Vice Finance Minister Zhu Guangyao on Sunday called for stability in Greece.
Chinese President Hu Jintao met with German Chancellor Angela Merkel Monday morning in the Mexican resort of Los Cabos prior to the opening of the G20 summit in the afternoon.
Chinese President Hu Jintao said Saturday China will work with the rest of the international community to support Europe's efforts to solve the debt woes and promote economic stability.
China must take precautions against a possible exit by debt-ridden Greece from the eurozone, as an exit could cause turbulence in global financial markets and hurt exports and growth.
The recent high frequency of visits by top Chinese leaders to Europe signals China's willingness to strengthen dialogue with European countries amid the deepening eurozone crisis.
CIC is committed to discussing possible investment plans in Greece once a government is formed in the European nation after Sunday's election.
The upcoming G20 summit in Los Cabos, Mexico, should buoy the European countries' confidence in restoring economic and financial stability, a Chinese Foreign Ministry spokesman said Wednesday in Beijing.
China will help solve the EU debt crisis through various channels and firmly supports the euro and EU integration, Vice-Premier Li Keqiang said while meeting Belgian counterparts Thursday.
China said it is up to G20 members whether the summit should discuss the Greek debt crisis.
Vice Finance Minister Zhu Guangyao called the EU and the eurozone to take more resolute actions in fighting the debt crisis at a press briefing in Beijing on the 7th leaders' summit of the G20.
China signalled on Thursday it was ready to buy more debt from the euro zone's weaker states, in a move to help stabilise the bloc's fragile finances and protect its business interests.
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