Central bank governor Zhou Xiaochuan also repeated remarks by Premier Wen Jiabao that China was ready to get more involved in efforts to resolve the eurozone debt crisis, which is hurting demand for its exports.
"As Premier Wen Jiabao said yesterday at the China-EU summit, China will... continue to invest in European government bonds and will continue... to get more involved in solving the European debt crisis," Zhou said.
"We have confidence in the euro," he added, during a speech at the opening of a euro exhibition in Beijing also attended by European Union president Herman Van Rompuy and European Commission president Jose Manuel Barroso.
