Chinese fin min Lou adding his two-yuan worth from the jolly in Shanghai
- G20 to work together to promote structural reform
China's Premier Li also at the bunfest -
- no basis for long-term yuan devaluation
- it's time for countries to stand together to tide over difficulties
- G20 members need to look after the spillover effects of G20 policies and improve co-ordination
- focus needs to remain on structural reforms
- progress has been made in structural reforms in Chinese economy
- China's economic growth slowing but has confidence to handle complex situation at home and abroad
- will expand aggregate demand as appropriate and focus on supply-side structural reforms
- will persue a managed floating exchange rate regime based on market demand and supply
