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While Tan said China should buy more oil and gold, Wang Jianmao, an economics professor at China Europe International Business School, said the government should allow Chinese people to buy foreign companies' stocks.

BEIJING, March 20 (Xinhua) -- China will be part of the global community's efforts to provide help to deal with European debt crisis, a senior Foreign Ministry official said on Tuesday.

Challenged by a sluggish external market, China lowered its full-year growth target for 2012 to 7.5 percent in early March, after its economy grew 9.2 percent year-on-year last year.

According to Hurun's first global rich list, Bill Gates, 57, ranks as the world's second-richest individual with a 50-billion-U.S.-dollar fortune, and Warren Buffet, 82, comes in third with 48 billion U.S. dollars.

Chinese Foreign Ministry spokesman Liu Weimin said Wednesday that China will keep communicating with the Palau side to properly handle the consequences of the incident.