Chinese prime minister Wen Jiabao has offered his country's support for Europe and its common currency amid the eurozone's debt crisis.
Mr Wen said China is a long-term investor in the European sovereign debt market and has purchased a "not small" amount of euro-denominated bonds in the past years.
He added that China will offer "consistent support for Europe and the euro".
Mr Wen, on a five-day tour of Hungary, Britain and Germany just as Europe hammers out a plan to battle the eurozone debt crisis, met today in Budapest with Hungarian prime minister Viktor Orban.
He said China is also willing to purchase bonds issued by Hungary, which does not yet use the euro, and offered Hungary a loan of 1 billion euro (£888.8 million).
"Europe's debt crisis is expanding," Mr Wen said. "Trust is more important than currency and gold and now, during the debt crisis, we again bring trust to Europe.
"I have total trust in Europe's economic development."
Mr Wen will arrive in Britain later today and will end his European visit in Berlin, where he is expected to discuss Europe's debt crisis with German chancellor Angela Merkel on Monday.
Mr Wen, who is seen as the most pro-Europe leader in the Chinese Politburo, has voiced China's willingness to prop up the region's struggling economies, pledging to buy an unspecified amount of Greek government bonds during a visit to the debt-ridden country in October.
A recent report by Standard Chartered Bank said that Beijing appeared to be buying fewer American assets - a possible sign that the country was pushing more money into European bond purchases.
China is seeking to diversify its foreign investment and reduce its reliance on US bonds in the long term, but it is likely not ready to take the risk of buying significant amounts of Greek or Portuguese bonds, said Marie Diron, head of European macro services at the UK-based consultancy Oxford Economics.
She warned that any Chinese help in buying European debt is probably limited to a small amount of financing and will be more effective as a morale-booster than a solution to Europe's structural problems.
"I would expect some reassuring statements that would defuse some of the current tensions," Ms Diron said. "But the problems are mainly eurozone's own problems. The bulk of financing should and can only come from Europe."
While in the UK, Mr Wen will meet with Prime Minister David Cameron for an annual dialogue and oversee the signing of a series of governmental and business contracts.
Mr Wen is scheduled to visit the MG car plant in Birmingham on Sunday. MG, owned by the Shanghai Automotive Industry Corporation, China's largest car-maker, designs cars in the UK but makes its car parts in China. The parts are assembled at the Birmingham plant.
The 68-year-old leader is expected to retire next year amid a major Chinese leadership reshuffle.