Chinese President Hu Jintao on Thursday called on the international community to further intensify cooperation to fight the current global financial crisis.

Speaking at the second Group of 20 (G20) financial summit, Hu said the current international financial crisis is taking place at a time when economic globalization is gaining momentum, and countries are becoming more and more interdependent.

"No country can stay immune from the crisis, and the only right choice is for all of us to work together and deal with it," said the Chinese president.

He urged all nations to have a correct appraisal of the situation, increase exchanges, support one anther and overcome the difficulties through concerted efforts.

The president described the G20 as an important and effective platform for concerted international efforts to counter the economic and financial crisis.

"We should vigorously advance substantive cooperation, speed up structural adjustment, stabilize markets, promote growth, increase employment, and improve people's livelihood so as to minimize by all possible means the adverse impact of the crisis on the real economy," Hu said.

He urged the international community to step up cooperation in trade, investment and other areas of the real economy, and lay a solid foundation for restoring world economic growth.

Cooperation in trade financing should also be enhanced, and in particular, financial input in developing countries should be increased, Hu said.

"We should promote cooperation among small and medium-sized enterprises and help them get through the difficulty as soon as possible," he said.

The world should also push forward international cooperation in new industries, particularly in energy conservation, pollution control, environmental protection and new energy, "which may become new growth areas in the world economy," Hu said.

International cooperation in science and technology should also be enhanced, he said, as progress in this regard will serve as an engine for economic growth.

The G20 summit wrapped up on Thursday afternoon after reaching broad and concrete consensus among the major developed and emerging economies to fight the global financial and economic crisis.

(Xinhua News Agency April 3, 2009)