Chinese President Jiang Zemin met in Beijing Tuesday with World
Bank President James David Wolfensohn, and his party.
Jiang and Wolfensohn first met in 1995, when Wolfensohn visited
China.
Jiang said China and the World Bank have conducted fruitful
cooperation over the past 20 years. China has acquired not only
capital but also high technology and experience from the World
Bank.
The cooperation between China and the World Bank shows that
utilizing assistance is an effective way to help developing
countries to improve their own capability for development.
Wolfensohn said he felt that great changes have taken place in
China, resulting in remarkable achievements in economic
construction and the country's increasing status in the
international arena.
He
congratulated China on its entry to the World Trade
Organization.
He
said the World Bank has maintained good cooperative relations with
China. The two sides have cooperated in over 60 projects over the
past decades, and have had a positive impact worldwide.
He
added that the World Bank is confident about furthering its
cooperation with China.
(Xinhua News
Agency May 28, 2002)