Finance Minister of South Africa Trevor Manuel attends a press conference in Sao Paulo, Brazil, Nov. 9, 2008. The G-20 Finance Ministers and Central Bank Governers' Meeting was closed on Sunday. (Xinhua/Zhang Chuanqi)
He said the central bank will cooperate with the International Monetary Fund to stabilize financial markets.
Zhou predicted an 8-9 percent economic growth for China next year, saying the steady growth of the Chinese economy will help global financial markets return to normal.
Founded in 1999, the G20 is a forum to promote dialogue between advanced and emerging economies on key issues concerning economic growth and the stability of the financial system.
The bloc comprises the European Union, the United States, Britain, France, Germany, Italy, China, Russia, Japan, India, South Korea, Indonesia, Turkey, Saudi Arabia, South Africa, Canada, Australia, Argentina, Brazil, Mexico and the Bretton Woods Institutions.
Source: Xinhua
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