ISTANBUL, October 3 (RIA Novosti) - The Group of Seven finance ministers and central bank heads warned at a meeting in Istanbul on Saturday that the prospects for global economic growth were still fragile.

"There is no room for complacency since the prospects for growth remain fragile and labor market conditions are not yet improving. We will keep in place our support measures until recovery is assured," the G7 finance officials said in a communique.

The officials affirmed their interest in a strong and stable global financial system, and welcomed China's "continued commitment to move to a more flexible exchange rate" which should "help promote more balanced growth in China and in the world economy."

The G7 finance ministers and central bank governors also pledged to continue working together with the G20.

Although Russia joined the G8 in 1997, it has not been part of G7 meetings, when finance officials from the United States, Canada, Japan, Germany, Britain, France and Italy discuss global economic issues.