China, Europe Need to Strengthen Co-op to Tackle Financial Crisis

China is willing to strengthen coordination and cooperation with the international community, to work together to achieve an early recovery for world economy, and to build a fair, just, comprehensive and orderly international financial system, said Wen.

Brown told reporters that Britain and China could work together and avoid a retreat to protectionism during the economic downturn.

"We know from previous downturns that a retreat to narrow, short-term protectionism policies would only serve to deepen the global recession and we must not and will not allow that to happen again," said Brown.

Brown said that Britain and China supported the reform of international institutions and the creation of an early-warning system for the global economy.

The two countries would push these and other proposals at the London Summit of G20 nations in April, he added.

Wen arrived in London on Saturday for a three-day official visit. Britain is the last leg of his week-long European tour, which began on Tuesday and has already taken him to Switzerland, Germany, the European Union headquarters in Brussels and Spain.

During the visit, Wen met with people from political, business and financial circles. He also delivered a speech at the University of Cambridge.

The premier is also paying a return visit for Prime Minister Gordon Brown's China tour early last year, as part of a regular high-level meeting mechanism between the two countries.