China to make due contributions to boosting IMF resources

BEIJING, June 11 (Xinhua) -- China will fulfill¹ its obligations in boosting International Monetary² Fund (IMF) resources in accordance with the consensus³ of the international community, Chinese officials said here Monday.

Zhu Jun, a deputy director of the International Department of the People's Bank of China, the country's central bank, made the remarks at a press conference on the G20 Leaders' Summit to be held next week in Los Cabos, Mexico.

China has consistently supported the IMF in playing an important role in dealing⁴ with the European debt issue, Zhu told reporters.

Boosting IMF resources and dealing with the debt crisis are inseparable, Zhu said, noting that China has helped Europe to resolve its debt problems through several bilateral⁵ and multilateral channels.

Chinese leaders have repeatedly said that China will not stay away from boosting IMF resources, based on international consensus, Zhu said.

Zhu urged G20 member countries to push forward IMF reforms in accordance with the program established at the 2010 G20 Seoul Summit so as to provide stable, long-term resources for the IMF.

The G20 Seoul Summit in November 2010 confirmed the 6-percent shifts of quota⁶ shares to emerging economies in the IMF, and G20 committed to working to complete the quota shifts by the annual meetings in 2012.

In a communique released on April 20, the G20 countries said that in addition to the quota increase under the 2010 reform, there are firm commitments to increase resources made available to the IMF by over 430 billion U.S. dollars.

Vice⁷ Foreign Minister Cui Tiankai told the press briefing that all members of the G20 share the obligation of putting the reform program into effect on time.

China will make due contributions according to its share, Zhu said, adding that China will disclose the specific amount at an appropriate time.

1 fulfill   

vt.履行，实现，完成；满足，使满意

参考例句：

• If you make a promise you should fulfill it.如果你许诺了，你就要履行你的诺言。
• This company should be able to fulfill our requirements.这家公司应该能够满足我们的要求。

2 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

3 consensus   

n.(意见等的)一致，一致同意，共识

参考例句：

• Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗？
• What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么？

4 dealing   

n.经商方法，待人态度

参考例句：

• This store has an excellent reputation for fair dealing.该商店因买卖公道而享有极高的声誉。
• His fair dealing earned our confidence.他的诚实的行为获得我们的信任。

5 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

6 quota   

n.（生产、进出口等的）配额，（移民的）限额

参考例句：

• A restricted import quota was set for meat products.肉类产品设定了进口配额。
• He overfulfilled his production quota for two months running.他一连两个月超额完成生产指标。

7 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。