Asian Development Bank (ADB) , known for funding highway projects in China, is keen on working with the country on rural development and clean energy, a senior ADB official said Friday in HYDERABAD, India.
The ADB has rearranged the programs in China as the country has decided to change its pattern of economic growth in the new 11th five-year plan of economic and social development, C. Lawrence Greenwood Jr., Vice-President of ADB, told Xinhua here Friday.
"We hopes to help China realize its goal of building a harmonious society," said Greenwood who was here for the annual meeting of ADB Board of Governors.
The ADB will look more on the development of rural roads, which can help boost the economy and change people's life in the remote countryside, he said.The development bank has supported lots of projects in transport sector in China for the past decades. They not only benefited big companies but also the poor people because the highway network had helped drive the local economy and provided chances for rural people to work in the cities more easily, he added.
The ADB is also "enthusiastic" to work with China in vocational training of people in less developed west and central China so that they can find skilled jobs in rich east China, Greenwood said.
In a country struggling to meet its need of energy, the ADB will work more on developing clean energies like biogas and wind power in China, he added.
Reviewing the cooperation between ADB and China, Greenwood said, "China is the largest borrower but also the best borrower for ADB. "
Most of projects are efficient and effective, good at design and implementation, he said.
China has lots of experience of developing its economy and society that can be shared with other developing countries in the region and ADB is trying to make itself a more effective think tank to pass such knowledge and information to the countries needed, Greenwood noted.
"China is becoming a donor as well. This is a welcomed development," he added.
Source: Xinhua