Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
China calls for World Bank to be innovative
Source: Xinhua |
October 6, 2009, Tuesday
|
Print Edition
Print Edition
CHINESE Finance Minister Xie Xuren says the World Bank should always be innovative in providing developing countries flexible and user-oriented services.
"We hope the bank would provide more flexible, diverse and facilitative lending support through innovative products and services," Xie said yesterday during the 80th meeting of the International Monetary Fund and World Bank's Development Committee in Istanbul.
Boards of governors of the World Bank and the IMF held the meeting ahead of the annual meetings of the two organizations, with enhancing the voice and participation of developing countries in the 186-nation World Bank high on its agenda.
In his speech, the Chinese finance minister expressed his hope that the World Bank could take stock of the development experiences in the past decades, particularly lessons from the financial crisis, and provide tailored policy advice for developing countries at different development stages.
"Sustainable financial capacity is fundamental to the World Bank's ability to fulfill its due role in promoting poverty reduction and development," Xie said.
China supports the World Bank in its efforts to enhance capital adequacy to increase its support for developing countries and help them better respond to the financial crisis with a view to achieving sustainable development, he said.
The finance minister also said the World Bank should adhere to and strengthen its core mandate of poverty reduction and development, and provide more financial resources for developing countries' medium and long-term development.
While the world is seeing more and more signs of recovery, many developing countries are facing even more daunting challenges on poverty reduction and structure adjustment.
Xie said the World Bank was a key factor in helping developing countries respond to the crisis, promote global economic recovery and ensure sustainable development.
"We hope the bank would provide more flexible, diverse and facilitative lending support through innovative products and services," Xie said yesterday during the 80th meeting of the International Monetary Fund and World Bank's Development Committee in Istanbul.
Boards of governors of the World Bank and the IMF held the meeting ahead of the annual meetings of the two organizations, with enhancing the voice and participation of developing countries in the 186-nation World Bank high on its agenda.
In his speech, the Chinese finance minister expressed his hope that the World Bank could take stock of the development experiences in the past decades, particularly lessons from the financial crisis, and provide tailored policy advice for developing countries at different development stages.
"Sustainable financial capacity is fundamental to the World Bank's ability to fulfill its due role in promoting poverty reduction and development," Xie said.
China supports the World Bank in its efforts to enhance capital adequacy to increase its support for developing countries and help them better respond to the financial crisis with a view to achieving sustainable development, he said.
The finance minister also said the World Bank should adhere to and strengthen its core mandate of poverty reduction and development, and provide more financial resources for developing countries' medium and long-term development.
While the world is seeing more and more signs of recovery, many developing countries are facing even more daunting challenges on poverty reduction and structure adjustment.
Xie said the World Bank was a key factor in helping developing countries respond to the crisis, promote global economic recovery and ensure sustainable development.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
