BEIJING, Oct 24 (Reuters) - China is doing all it can to counter the international financial crisis, which has been a "severe shock" to the global economy and increased uncertainties for China, its leaders told the opening ceremony of an Asia-Europe meeting on Friday.
"The global financial crisis has clearly increased the uncertainties and unstable factors in the Chinese economy's development," President Hu Jintao said.
"China's economic growth faces various hardships and challenges."
Beijing is hosting a summit of 27 European Union member states and 16 Asian countries to discuss the global downturn, climate change and international security.
"The global financial crisis has been constantly spreading and worsening, creating a severe shock to global economic growth," Chinese Premier Wen Jiabao told the opening of the summit.
(Reporting by Chris Buckley and Jason Subler; Writing by Lucy Hornby; Editing by Nick Macfie)
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