Asian Development Bank to boost cooperation with China

The Asian Development Bank will enhance its cooperation with China, following the Chinese government's priorities set out in the 13th Five-Year Plan (2016-20) and the Belt and Road Initiative, an official of the bank said on Monday.

Robert Guild, director of the transport division of the ADB's East Asia department, said: "When we plan our forward pipeline of projects, we work with the National Development and Reform Commission and with the provinces to identify projects that may contribute to the Belt and Road Initiative within China and crossing the borders into neighboring countries.

"ADB has more than 40 developing member countries all through Asia. Also in those countries, we finance projects that may contribute to the Belt and Road Initiative on the other side of the border," he said, speaking on the sidelines of a transport workshop in Beijing.