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HYDERABAD, India, May 5 (Xinhua) -- Asian Development Bank (ADB), known for
funding highway projects in China, is keen on working with the country on rural
development and clean energy, a senior ADB official said here Friday.
The ADB has rearranged the programs in China as the country hasdecided to
change its pattern of economic growth in the new 11th five-year plan of economic
and social development, C. Lawrence Greenwood Jr., Vice-President of ADB, told
Xinhua here Friday.
"We hopes to help China realize its goal of building a harmonious society,"
said Greenwood who was here for the annual meeting of ADB Board of Governors.
The ADB will look more on the development of rural roads, whichcan help
boost the economy and change people's life in the remotecountryside, he said.The
development bank has supported lots of projects in transport sector in China for
the past decades. They not only benefited big companies but also the poor people
because the highway network had helped drive the local economy and provided
chances for rural people to work in the cities more easily, he added.
The ADB is also "enthusiastic" to work with China in vocational training of
people in less developed west and central China so that they can find skilled
jobs in rich east China, Greenwood said.
In a country struggling to meet its need of energy, the ADB will work more
on developing clean energies like biogas and wind power in China, he added.
Reviewing the cooperation between ADB and China, Greenwood said,"China is
the largest borrower but also the best borrower for ADB."
Most of projects are efficient and effective, good at design and
implementation, he said.
China has lots of experience of developing its economy and society that can
be shared with other developing countries in the region and ADB is trying to
make itself a more effective think tank to pass such knowledge and information
to the countries needed, Greenwood noted.
"China is becoming a donor as well. This is a welcomed development," he added. Enditem |