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Li Keqiang Meets with World Bank President and Calls China's Potential in Urbanization

Company News
2018/06/22 14:14
Chinese Vice Premier Li Keqiang met with President of the World Bank Jin Zi at Ziguang Pavilion in Zhongnanhai on the 28th and exchanged views on deepening China’s cooperation with the World Bank.
Li Keqiang said that over the years, China and the World Bank have conducted fruitful cooperation in infrastructure, poverty alleviation, and other fields. In particular, in the past few years, the knowledge cooperation between the two sides has taken a step forward. This is a development in China. Learning from international experience is very helpful.
Li Keqiang pointed out that China has entered the ranks of middle-income countries, but the development is still very uneven. In particular, the gap between urban and rural areas is wide and wide. The gap is the potential. The greatest potential for development in the next few decades will be in urbanization. To promote urbanization, we must follow the path of simultaneous development of industrialization, informatization, urbanization, and agricultural modernization. To ensure food security, China's grain must be based on itself, and it cannot be solved by the world market. We must pay more attention to green development and strengthen environmental protection. For energy conservation, we must also deepen reforms, strengthen social construction, and promote the improvement of basic public services. All of these require international perspective and world experience. This will help us successfully overcome the middle income trap. The Chinese side is willing to conduct joint research with the World Bank on urbanization and absorb universities and research institutes to participate in the joint effort to create a "flagship" project for cooperation between the two sides. The modernization of 1.3 billion people and the urbanization of nearly 1 billion people are not in the history of mankind. This road of China has taken a good step and not only benefits the Chinese people but also contributes to the world.
Jin Hao very much agrees with Deputy Prime Minister Li’s proposal that China’s urbanization process will provide the world with a huge market and valuable experience. The World Bank is willing to strengthen cooperation with China in this regard. This is to enrich the Bank’s development philosophy and do a good job of poverty reduction. With development assistance is of great significance.