World Bank to pour more investment into Chinese projects

International Finance Corp, the private sector financing arm of the World Bank Group, plans to increase its investment in China's agriculture, pollution control and urbanization projects over the next three years, according to one of its regional heads.

"The opportunities come from the country's ongoing steps to make good use of foreign investment - to advance supply-side structural reform, upgrade the economy, as well as catching up with global technological developments," said Vivek Pathak, IFC's regional director for East Asia and the Pacific.

In the long-term, Pathak said China's economic growth pace was still attractive for global investment as the country deployed more resources to build emerging and sustainable industries, create new jobs and tackle climate change.