The two countries should continue to strengthen communication and coordination, accommodate each other's interests and address each other's major concerns to make the Group of 20 an effective platform for mutually beneficial cooperation between the two countries, said Hu.

Chinese President Hu Jintao (2nd R) meets with British Prime Minister David Cameron (2nd L) in Toronto, Canada, June 26, 2010. (Xinhua/Li Xueren)

Cameron said Britain highly values its relations with China and hopes to further improve them. His country is ready to strengthen high-level exchanges, promote the economic partnership and enhance the strategic dialogue with China, he said.

Economic and trade links are the most important part of bilateral relations, he said.

Britain upholds free trade and is opposed to protectionism, he said.

Cameron also expressed the hope that the two countries will further tap into the potential and expand bilateral trade and economic cooperation.

Educational exchanges are an important part of bilateral cooperation, Cameron said. He expressed the hope that progress could be made in advancing educational cooperation with joint efforts of the two sides.

Britain is ready to strengthen dialogue and cooperation with China on regional and international issues of common concern, he said.

Cameron said he is looking forward to visiting China in the capacity of prime minister to promote bilateral cooperation in various fields.

Britain shares similar views with China on global financial issues and is ready to reinforce cooperation with China within the G-20 framework, he added.