China's stimulus measures helpful to world growth

By Li Xing (chinadaily.com.cn)
Updated: 2009-02-16 19:51

Dar es Salaam -- China's measures to boost domestic demand and promote economic growth will be help drive global economic growth, visiting Chinese President Hu Jintao said on Monday.

The array of measures rolled out by the Chinese government "will not only lend a strong impetus to China's economic development but also stimulate world economic growth," he said.

He made the statement to an audience of more than 1,200 college students, professionals and people from industry, business and other sectors at the welcoming rally in Tanzania's capital.

During his speech, Hu acknowledged that China has encountered many difficulties in its economic development.

But he said that his country’s primary task is still "to maintain steady and relatively fast economic growth".

Hu reiterated the pledge he has made since he arrived in Mali last Thursday that China will continue to increase assistance to Africa and cut debts owed by African countries as the country's ability permits.

China will take effective measures to cope with global economic downturn while enhancing cooperation with African countries to weather through the crisis.