BEIJING - The heads of several international economic organizations expressed confidence in China's economy at a dialogue meeting on Monday, according to an official with the Ministry of Finance.

China held the "1+10" dialogue in Beijing with the heads of 10 international economic organizations on Monday morning.

The attending representatives affirmed the positive progress made by China in supporting economic growth and promoting structural adjustments at the dialogue, said Liao Min, vice-minister of finance.

Liao said that the representatives believe that the Chinese government can reinforce market confidence, and achieve stable and sustainable economic growth.

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The representatives also said that the transformation of the Chinese economy will benefit the world, and stressed the need for China to ensure the resilience of the domestic economy, said Liao.

The contribution rate of the Chinese economy to the world economy has been consistently at around 30 percent for over a decade, and China will continue to inject more certainty and predictability into the global economy through its own stable development, Liao said.  

Heads of the 10 international economic organizations included President of the New Development Bank Dilma Rousseff, President of the World Bank Ajay Banga, Managing Director of the International Monetary Fund Kristalina Georgieva, Director-General of the World Trade Organisation Ngozi Okonjo-Iweala, and Secretary-General of UN Trade and Development Rebeca Grynspan.

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The leaders have also called for joint efforts to promote the economic growth of the world as global development has entered an important juncture, according to Liao.

They have expressed widespread concern over possible damages to be brought by "decoupling" to global economic development, fearing that unilateralism and protectionism would further undercut and impede global economic recovery, Liao said.

Liao added that the leaders have called for global efforts to strengthen international macroeconomic policy coordination, firmly oppose protectionism, create a peaceful and stable development environment, and properly resolve differences and contradictions through dialogue and consultation.

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Representatives at the meeting have also reaffirmed their commitment to economic globalization and multilateralism, stressing that the development of economic globalization and multilateralism is an unstoppable trend, according to Liao.

It was agreed at the meeting that the global community needs to put development high on the international agenda, and seize the opportunity of science and technology revolution and industrial transformation to make the "cake" of global economy bigger.

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Representatives have also agreed that international economic institutions should beef up communication and cooperation, stressing that joint efforts should be made to ensure stable and unimpeded global industrial and supply chains and foster new growth drivers, Liao said.