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BEIJING, March 18 (Xinhua) -- China should maintain a prominent role in global policy discussions amid lingering weaknesses in the global outlook, visiting chief of International Monetary Fund Christine Lagarde said here on Sunday.

Liu Yandong, China's State Councilor, and Androulla Vassiliou, EU commissioner for education, culture, multilingualism and youth, signed a joint declaration in which China and the EU are committed to furthering exchanges between their peoples to deepen mutual understanding.

Analysts fret that if a certain proportion of the loans have gone sour, it will push up non-performing loan ratios in the banking industry and threaten banks' credit ratings.

"The community will continue to contribute to the prosperity of Irish economy and the multi-cultural society, and will act as a bridge between China and Ireland," he said.

The government targets a 14 percent growth in broad money supply, or M2, according to the report.