China wants the G20 summit to make progress against global financial turmoil, Foreign Minister Yang Jiechi said on Saturday, stressing the economic imperatives of China's foreign policy and the desire for solid U.S. ties, Reuters reported. The April 2 summit of big developed and developing countries in London aims to put the world economy on a path to recovery. Yang said on Saturday that Beijing wanted a major say there and in longer-term talks about reworking the global financial order. The overarching goal of Chinese foreign policy was to "spare no effort to ensure the stable and relatively fast growth of the domestic economy", he told a news conference held to coincide with the country's annual session of parliament. "The pressing task now is that all countries must work together to make the upcoming financial summit in London a success," Yang said. "We believe the summit should play a role in boosting confidence, strengthening coordination on macroeconomic policies, stabilising financial markets, undertaking necessary reforms in the global financial system and regulatory regime." Yang's news conference highlighted the extent to which the world's third-biggest economy now views its diplomacy through an economic lens.
