China's Foreign Ministry on Thursday said that any decision on who should head the International Monetary Fund should be made through democratic consultation.

The statement from the ministry came after French Finance Minister Christine Lagarde's bid for candidacy as head of IMF.

This was a faxed statement from the Chinese Ministry, which was a response for China's position on who should head the IMF. The statement has been seen as Beijing's position that a senior management of the organization should enhance representation of the emerging market countries and reflect changes in the world economy.

However, the statement did not directly say, whether China supports or opposes Lagarde, or even the other declared candidate, Mexican Central Bank Governor Agustin Carstens, said the report.

IMF International Monetary Fund China Management