China-ADB ties to promote stability

BEIJING: Premier Li Qiang emphasized deepening pragmatic cooperation between China and the Asian Development Bank, saying the nation is willing to work with the multilateral development organization to promote prosperity and stability in the Asia-Pacific region and advance global growth.
Li made the remarks on Tuesday during a meeting with ADB President Masatsugu Asakawa at the Great Hall of the People in Beijing. Asakawa is on his first visit to China in the capacity of ADB chief. The premier hailed the ADB’s role as an important multilateral development institution in the Asia-Pacific region, saying it plays an active role in reducing poverty, promoting growth and addressing regional and global challenges.
China is willing to deepen pragmatic cooperation with all parties, including the ADB, to make greater contributions to the sustainable recovery, prosperity and stability of the Asia-Pacific region, and inject greater momentum into global economic growth, he said.
Li pointed out that the nation is striving to comprehensively promote Chinese modernization and remains focused on promoting high-quality development. There is broad room for future cooperation between China and the ADB, he said. The premier expressed hope that the ADB will continue to support and participate in China’s reform and opening-up process, with focus on key areas such as environmental protection and green and low-carbon development, and continuously enhance effectiveness and achievements of cooperation. –The Daily Mail-China Daily news exchange item