The Group of 20 meeting was 'conducive to the growth of the world economy and the reform of the international financial framework,' foreign ministry spokesman Qin Gang said, according to Xinhua news agency.
'China hopes that all countries could continue to enhance coordination, seek consensus, substantially strengthen the financial regulation and take actions to prevent global economic recession,' Mr Qin said.
G20 leaders, including Chinese President Hu Jintao, agreed on an action plan to restore global growth and prevent future financial upheaval while promising new spending plans, a trade deal and a set of reforms.
A declaration issued on Saturday at the end of the gathering of the G20, which represents 85 per cent of the world economy, was 'comprehensive, positive and balanced', Mr Qin was quoted as saying.
In the declaration, the G20 leaders expressed determination to 'enhance our cooperation and work together to restore global growth and achieve needed reforms in the world?s financial systems.' -- AFP