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“...I have never worked on a country where the eagerness to learn was greater than in China”

Pieter Bottelier, Former Chief of Mission, China, World Bank (1993-1997)

 2010 marks the 30th anniversary of the China-World Bank Group partnership—a partnership that has made an important contribution to shaping China’s modernization and development.

“...I have never worked on a country where the eagerness to learn was greater than in China”

Pieter Bottelier, Former Chief of Mission, China, World Bank (1993-1997)

 2010 marks the 30th anniversary of the China-World Bank Group partnership—a partnership that has made an important contribution to shaping China’s modernization and development.

Like all enduring ties, the China-World Bank partnership has evolved with the changing times. In the early years, the World Bank was able to share its global development knowledge with China on how to appraise and implement priority projects; how to encourage innovation and introduce new technologies; how to develop institutions and policy instruments needed for good economic management.

Later, the learning became more mutual as China’s success with reform, growth and overcoming poverty gathered pace. Over the last three decades, growth in China has averaged 10 percent a year, the poverty rate has fallen from 65 percent to 10 percent, all the Millennium Development Goals have been reached or are within reach, and the economy has grown to be the second largest in the world.

These are achievements that have not only benefited China but the East Asia region more widely and the world. Now, the World Bank is drawing from China’s experience in a range of development areas to help other countries develop and reduce poverty.

A conference in Beijing [in September marked] the anniversary, celebrate the joint achievements and look ahead to China’s new challenges.

Source: World Bank http://go.worldbank.org/TDXTUA6BS0

 

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CHINAINSIGHT (CI) is published monthly ((except July/August and November/December are combined) by China Insight, Inc., an independent, privately owned company started in 2001 and headquartered in the Twin Cities area of Minnesota.

CHINAINSIGHT is the only English-language American newspaper to focus exclusively on connections between the United States and the People’s Republic of China (PRC).

Our goal is to develop a mutual understanding of each other’s cultures and business environments and to foster U.S.-China cultural and business harmony.