LINE

    Text:AAAPrint
    Politics

    Chinese premier hails BRICS bank

    1
    2015-07-24 08:28Xinhua Editor: Gu Liping

    李克強會見金磚國家新開發(fā)銀行行長

    李克強表示,金磚銀行的成立標志著金磚國家合作邁出重要步伐,它是發(fā)展中國家和新興市場國家金融合作的重要成果,也是對國際金融體系的完善和有益補充。

    Chinese Premier Li Keqiang (R) meets with President of the New Development Bank (NDB) K.V. Kamath in Beijing, capital of China, July 23, 2015. The NDB opened in Shanghai on Tuesday to finance infrastructure projects, mainly in BRICS countries -- the emerging economies of Brazil, Russia, India, China and South Africa. (Photo: Xinhua/Li Tao)

    Chinese Premier Li Keqiang (R) meets with President of the New Development Bank (NDB) K.V. Kamath in Beijing, capital of China, July 23, 2015. The NDB opened in Shanghai on Tuesday to finance infrastructure projects, mainly in BRICS countries -- the emerging economies of Brazil, Russia, India, China and South Africa. (Photo: Xinhua/Li Tao)

    Chinese Premier Li Keqiang on Thursday hailed the opening of the New Development Bank (NDB) as an "important step forward" in cooperation among BRICS countries.

    "This is great progress in financial cooperation among developing countries and emerging economies, as well as a helpful supplement to the global financial system," Li said while meeting NDB President K.V. Kamath in Beijing.

    The NDB opened in Shanghai on Tuesday to finance infrastructure projects, mainly in BRICS countries -- the emerging economies of Brazil, Russia, India, China and South Africa.

    "We are ready to work with other partners to improve governance structure, and build the NDB as a professional, efficient, transparent and green 21st-century multilateral development bank," Li said.

    He expressed hope that the NDB can aid the industrialization of developing countries, and help with global connections.

    The NDB will have an initial authorized capital of 100 billion U.S. dollars, and initial subscribed capital of 50 billion U.S. dollars equally shared among the five founders.

    Kamath told Li the NDB will exploit potential for economic growth and industrial cooperation among BRICS countries in an innovative way, to achieve common development.

    Li noted that China's economy posted 7-percent growth in the first half of 2015 in the face of various challenges, and the country also witnessed growth in employment and people's income.

    He attributed these achievements to three factors: a deepening of reform and encouragement of entrepreneurship and mass innovation, structural adjustment expanding domestic demand, and attracting more foreign investment.

    The Chinese government is confident and capable of properly handling risks and challenges, to achieve medium-high growth and push the Chinese manufacture to the medium-high end of the value chain, the premier said.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 滦平县| 通河县| 云安县| 菏泽市| 乌拉特后旗| 兴仁县| 广河县| 水城县| 余庆县| 灵宝市| 定襄县| 郴州市| 宁南县| 宜丰县| 尼勒克县| 宁强县| 武山县| 襄城县| 拜城县| 通化县| 资阳市| 花莲市| 秦皇岛市| 苍山县| 中超| 高平市| 如皋市| 阳新县| 凤庆县| 淅川县| 公主岭市| 郸城县| 慈利县| 鄂托克前旗| 黄陵县| 舞钢市| 公主岭市| 临桂县| 科技| 内乡县| 花莲县|