In a significant move to bolster global economic stability, Chinese Vice Premier Ding Xuexiang met with Masatsugu Asakawa, President of the Asian Development Bank (ADB), in Beijing this Monday. The meeting underscores the deepening cooperation between China and ADB, aiming to drive sustainable growth and address key development challenges.
Vice Premier Ding emphasized China's role as a pivotal engine for global economic growth. Highlighting the nation's resilience, he noted that China has successfully navigated multiple challenges, leading to a consolidated and strengthened economic recovery. \"China remains committed to high-quality development and expanding its opening up at the highest levels,\" Ding stated.
The discussions also focused on expanding economic globalization and creating new opportunities through China's latest development initiatives. Ding lauded the longstanding and robust partnership between China and ADB, welcoming the bank's continued involvement in China's reform and opening-up processes.
Environmental protection, green and low-carbon development, elderly care, and healthcare were identified as key areas for enhanced cooperation. Vice Premier Ding expressed optimism about collaborative efforts to address these critical issues, aligning with global sustainability goals.
Echoing these sentiments, Masatsugu Asakawa highlighted ADB's commitment to supporting China's high-quality development. He expressed enthusiasm for building a closer cooperative partnership and encouraging Asia-Pacific nations to benefit from China's development experiences. Asakawa affirmed ADB's readiness to support initiatives that promote sustainable and inclusive growth across the region.
This strategic partnership between China and ADB aims to foster economic resilience, promote sustainable practices, and create inclusive opportunities, reflecting a shared vision for a prosperous and balanced global economy.
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China's vice premier meets with the head of the Asian Development Bank
cgtn.com
