World Bank president to visit China

By Wang Yanlin | September 12, 2013, Thursday |

Online Edition

World Bank Group President Jim Yong Kim will visit China from Sunday to next Wednesday, with the first stop in Shanghai, the bank said today.

His visit will focus on expanding collaboration on climate change, one of the most important challenges facing China and the world.

While in Shanghai, Kim will see first-hand how the World Bank Group and China are joining hands to help the city go green, with an online monitoring platform to measure energy consumption in buildings, by retrofitting buildings to reduce energy use, and plans to pilot a near zero-emission building.

Kim will also discuss with its banking clients the role that financial institutions play in supporting small and medium enterprises and building energy efficiency in Shanghai.

“The World Bank Group is supporting low-carbon city development in Shanghai, so I’m looking forward to learning about the city’s vision for the future,” Kim said. “Tackling environmental issues is critical to the future of China’s cities, with the country’s rapid urbanization expected to triple energy demand over the next 20 years.”

Kim added that China is a key part of the solution to many of the development challenges now facing the world, especially the threat posed by climate change. The country’s pursuit of green growth and its efforts to cut greenhouse gas emissions will be crucial for addressing climate change.

Kim will also visit Beijing for meetings with state leaders to deepen the partnership between the World Bank Group and China.

This is Kim’s second visit to China since he became World Bank Group President in July last year.

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World Bank president to visit China

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