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About Us>About AFDC |
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President Hu Jintao announced the establishment
of AFDC |
| At
the 11th APEC Finance Ministers' Meeting in Chile,
in September, 2004, APEC financial leaders complimented
the APEC Finance and Development Program (AFDP)
on its efforts to boost institutional capacity building
and unanimously agreed to extend this initiative
for another three years. At the APEC Economic Leaders'
Informal Meeting in Chile, in 2004, President Hu
Jintao announced that, the Chinese government would
establish the Asia-Pacific Finance and Development
Center (AFDC), in order to continue China's contribution
to strengthening institutional capacity building. |
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APEC Finance and Development Program |
APEC
Finance and Development Program, an initiative proposed
by China under the APEC Finance Ministers' Meeting,
aims to strengthen capacity building in the APEC
region. The World Bank joined China as the co-sponsor
of the AFDP in February, 2002.
The three-year trial period of the AFDP ended in
2004, with wide recognition in the region. In the
past three years, through financing research projects,
organizing forums and providing training workshops,
AFDP has made significant contributions in the APEC
region to capacity building in the fields of finance
and development. |
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