The IBRD is the Bank’s institution that provides loans, guarantees, risk management products, and analytical and advisory services to reduce poverty in middle-income and creditworthy poorer countries.
“As a member of international community, China is willing to deepen its cooperation with the World Bank and IMF on the basis of mutual benefit to achieve a balanced and sustainable global development,” said Xie.
The IMF and World Bank annual meetings opened the plenary session here Tuesday, with central bank governors and finance ministers from more than 180 countries focusing on ways to restore global growth and internal reforms of the two institutions.