Athens - The world's nations need to coordinate their economic policies for global recovery to find a sure footing, Chinese Premier Wen Jiabao and his Greek counterpart George Papandreou said in a joint statement.
"The global economy shows signs of gradual recovery but many uncertainties remain," the two leaders said in the statement, issued on Saturday by Papandreou's office after the two men met in Athens.
"To this aim, it is necessary for each country to strengthen coordination of their macroeconomic policies for the global economy to recover fully," the statement said.
China supported EU efforts to increase supervision on credit rating agencies and set up an independent European one.
"The Chinese side supports the initiatives of EU member states' leaders to strengthen supervision and publish information on credit agencies, as well as the creation of an independent European credit rating agency," the statement said.
China and Greece also expressed their opposition to trade protectionism. "Promoting the Doha trade talks is an essential step to open up the world economy and strengthen growth," it added.
- Reporting by Harry Papachristou