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The EU's current economic troubles were in the spotlight during a meeting with Chinese Premiere Wen Jiabao and European Union leaders. China has said it will not bail out the EU.

China and Europe pledged to strengthen bilateral ties at a summit in Beijing on Tuesday.

It brought together Premier Wen Jiabao and European Commission President Jose Manuel Barroso and European Council President Herman Van Rompuy.

Wen told the two European leaders that China and Europe should enhance co-operation in the face of difficulties.

[Wen Jiabao, CCP Premiere]:
"China and Europe are all-round strategic partners. In the face of difficulties and challenges we should have mutual understanding, and collaborate toward common goals. This would harmonize the basic interests of both sides."

Van Rompuy said China and Europe needed to work together to boost both economies.

[Herman Van Rompuy, European Council President]:
"We became so interdependent that change in the growth rate in one of the two strategic partners has a direct and palpable impact on the other one. Our economic destinies are interlinked."

Debt-ridden Europe has been looking to China to dip into its huge foreign exchange reserves to help the eurozone tackle a debt build-up that threatens its economic stability.

While Chinese leaders have repeatedly expressed confidence in European nations, they have also refrained from making firm financial commitments, urging Europe first to take further steps on its own.

On Monday, the Communist Party mouthpiece the People's Daily said in a front-page commentary that China had no intention of "buying up" or "controlling" a debt-ridden Europe, and any help Beijing may offer would be for purely economic reasons.