On the afternoon of May 14, 2017, Premier Li Keqiang met at the Great Hall of the People with President of the World Bank Jim Yong Kim, who was in China for the Belt and Road Forum for International Cooperation.

Speaking positively of the cooperation between China and the World Bank, Li Keqiang said that as the largest developing country in the world, China is willing to take its due obligations as a responsible major country, and participate more in South-South cooperation including reducing poverty and promoting development. It is hoped that, as a crucial global multilateral development institution, the World Bank could lead the international community to jointly advance economic globalization and strengthen development and cooperation, so as to promote the sharing of prosperity.

Li Keqiang pointed out that Chinese economy now is undergoing transition and upgrading which requires both the transformation of traditional capacity and the cultivation of new economic drivers. China stands ready to strengthen cooperation with the World Bank to conduct research on cultivating new economic drivers and other issues, so as to provide impetus to transition and upgrading of China’s economy.

Jim Yong Kim said that the World Bank has conducted sound cooperation with China. The World Bank highly appreciates China for actively advancing its reform of health care system, which will provide beneficial experience for other countries. Being confident in China’s promising endeavor to deepen reform, enhance innovation in science and technology, and nurture new economic drivers, the World Bank shows the willingness to continue strengthening cooperation with China.

State Councilor Yang Jing attended the meeting.