SHANGHAI, May 11
(Xinhuanet) -- The 35th Annual Meeting of the Board of Governors of the
Asian Development Bank (ADB) was held in a period when the global development
is at a crucial stage, Chinese Vice Finance Minister Jin Liqun said here
Saturday. As the largest institute for development in Asia, the
ADB assumes an important mission in promoting the development and
prosperity of Asia. To fulfill the mission, all ADB members
should improve their abilities in development, he said in a speech
delivered at the on-going ADB 35th annual meeting being held in
Shanghai, China's leading industrial center. The ADB has
made due contributions to Asia's development under the leadership of
President Tadao Chino. It has created a much more favorable condition in
improving its services by readjusting its internal organs and offering new
forms of loans, he said. Jin urged the ADB to increase potential
capital funds and fulfill the anti-poverty task and called on major
convertible currency countries to stabilize the exchange rate. Developed
countries should relieve the pressure of trade protectionism and open
their market wider to Asian countries. He said China is willing
to contribute to promoting mutual development and common prosperity of Asia
along with other Asian countries. Enditem |