Chinese Premier Wen Jiabao said in Beijing Monday China is ready to enhance cooperation with the World Bank in China's poverty reduction and economic development.

China has forged sound cooperation with the World Bank, whose loans have played an active role in promoting China's economic development and poverty reduction, said Wen while meeting with World Bank President Paul Wolfowitz.

Over the past two decades, China has made tremendous achievements in poverty reduction by adequately feeding its rural population of 200 million under the one-dollar-a-day poverty line, said Wen.

But Wen acknowledged that imbalanced development remains prominent in China, a developing nation with the relative low per capita income in the world.

China still needs long-term and arduous efforts to do away with poverty, said Wen,adding that China will step up poverty-reduction efforts and invest more in the impoverished areas to cut down the number of poor population.

Wen said China will help promote global poverty reduction by relieving its own poverty situation.

Wolfowitz said China has made remarkable achievements in poverty alleviation within a short period of time and its experience is worth learning by other countries in the world.

The World Bank will continue to widen its cooperation with China and make new, fresh contributions to China's development.

Source: Xinhua