Chinese Finance Minister Jin Renqing will fly to London for a meeting between finance ministers of the Group Eight industrialized nations and of China, India, Brazil and South Africa, scheduled for next week.

According to a one-sentence statement released by the Ministry of Finance on Wednesday, Jin will attend the meeting at the invitation of his British counterpart Gordon Brown.

The ministers are reportedly scheduled to discuss global economy and development.

Britain is currently holding the rotating presidency of G8 and will play host to a summit of G8 next month. China is serving as the president of both the meeting Group 20 finance ministers and central bank governors, and the meeting Asia and Europe finance ministers.

The Chinese and British finance ministers have promised to coordinate their efforts on matters concerning international development and global poverty reduction.

During Brown's visit to China in February this year, the two ministers said the two countries should strive to realize the United Nations Millennium Development Goals.

Brown set out a list of proposals to meet the Millennium Development Goals, which were agreed at United Nations level in 2000 and include halving poverty and disease by 2015.

Source: Xinhua