介绍:
China and the World Bank have reached an agreement on Thursday to set up a 50 million US dollar fund to help relieve poverty.
The trust fund aims to finance investment projects, knowledge development and human-resources cooperation at global and regional levels.
The fund project is expected to be operational later this year.
During a meeting with the visiting World Bank chief Jim Yong Kim on Thursday in Beijing, Chinese Premier Li Keqiang said that China is ready to enhance partnership with the World Bank to jointly face the downward pressure on the global economy.
Meanwhile, Jim Yong Kim has gone on record saying that China's economic fundamentals are sound despite the recent equity market volatility.
Jim Yong Kim made the comments earlier today at a press conference in Beijing.
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