WASHINGTON Jim Brown Hat , Oct. 12 (Xinhua) -- World Bank President Jim Yong Kim said on Thursday that China's effort to help 800 million people out of poverty is historic.
"This is one of the great stories in human history, frankly," said Kim in a press conference marking the start of the International Monetary Fund and World Bank annual meetings, when he was asked to comment on China's poverty reduction efforts.
"With evolution of the Chinese economic system and its embrace of the global market, China has lifted over 800 million out of poverty," said the World Bank chief.
With China as the major contributor to the world's poverty reduction progress, the ratio of people living in extreme poverty in the world has dropped to less than 10 percent from 40 percent, said Kim.
"The lessons we learn in China... the fact that 800 million people were lifted out of poverty, the lessons we learned by working in China are very helpful to other middle income countries," said Kim.
According to Kim, the World Bank will continue to work with China in areas, such as healthcare system overhaul and ensuring social services access in distant regions in China.
When asked about China's economic outlook, Kim said that China has been making progress in reducing reliance on investment and exports and focusing on domestic consumption and services sector.
"We're encouraged that China has stayed on a course of this change from what they call rapid growth to more quality economic growth," said Kim.
At the same press conference, IMF chief Christine Lagarde said that the IMF upgraded China's economic outlook in 2017 and 2018 in view of its fiscal stimulus.
"We certainly welcome the decisions that have been made, particularly by the PBOC (China's central bank) to actually tame, reduce credit," said Lagarde.
Lagarde suggested China should continue the policies to rein in credit growth in order to prevent financial risks.
？PARIS, Nov. 23 (Xinhua) -- Following are the latest ATP world rankings released on Monday:
？1. Novak Djokovic, Serbia, 16,585 points
？2. Andy Murray, Britain, 8,670
？3. Roger Federer, Switzerland, 8,265
？4. Stan Wawrinka, Switzerland, 6,865
？5. Rafael Nadal, Spain, 5,230
？6. Tomas Berdych, Czech Republic, 4,620
？7. David Ferrer, Spain, 4,305
？8. Kei Nishikori, Japan, 4,235
？9. Richard Gasquet, France, 2,850
？10. Jo-Wilfried Tsonga, France, 2,635
？11. John Isner, United States, 2,495
？12. Kevin Anderson, Russia, 2,475
？13. Marin Cilic, Croatia, 2,405
？14. Milos Raonic, Canada, 2,170
？15. Gilles Simon, France, 2,145
？16. David Goffin, Belgium, 1,805
？17. Feliciano Lopez, Spain, 1,690
？18. Bernard Tomic, Australia, 1,675
？19. Benont Paire, France, 1,633
？20. Dominic Thiem, Austria, 1,600
(Photo: sports.sina) (Photo: sports.sina) (Photo: sports.sina) (Photo: sports.sina) (Photo: sports.sina)
Paul Pierce stared straight ahead, an occasional smile or laugh interrupting the otherwise distant look on his face.
Now a Net, it's clear he's still getting over not being a Celtic.
''It's tough when you've been in a situation like me for 15 years,'' Pierce said.
But he's getting used to it, and he and Kevin Garnett are ready to make the most of their new surroundings.
Traded from Boston to Brooklyn, the duo was introduced along with Jason Terry on Thursday at a news conference at Barclays Center, their new home.
Pierce said it was difficult to leave the city where he'd spent his entire career. He appeared dazed at times while listening to questions and answers, even having to ask for one to be repeated while trying to fight his way out of a fog.
''You saw the trade and it's like, 'OK, there's a trade.' But for me to actually be here now, looking for a place to live, being in this arena, trying to get to know my way around the city, it's really starting to sink in now that it's become real,'' Pierce said.
''I'm no longer a Boston Celtic, I'm a Brooklyn Net and that's what it is right now,'' he continued. ''It's a business. At some point we all have to move on and I'm here to try to create some kind of legacy here in Brooklyn.''
The crowd applauded, appearing more excited about having Pierce in Brooklyn than he was about being here. That's understandable given his history in Boston, where he is the Celtics' No. 2 career scorer and was the NBA Finals MVP when they won the last of their NBA-high 17 championships.
''Hell yeah, he's been with Boston his whole life,'' Garnett said. ''You've been in a system, been in a city, especially it's the Celtics. Yeah, it's very difficult.''
But Pierce realized it would be coming, saying he thought ''the writing was on the wall'' in June when the Celtics negotiated a deal with the Los Angeles Clippers to let coach Doc Rivers out of his contract in Boston.
''It's sinking in and I'm liking what I feel right now,'' Pierce said, adding he got a jolt when he saw his new white-and-black uniform in the locker room.
The Celtics and Nets agreed to the blockbuster trade on draft night and it became official last week. Garnett waved a no-trade clause to accept the deal - after some urging from Pierce during a lengthy phone call - and while saying it was ''unfortunate'' they had to move on, he seemed to have a little easier time embracing it, greeting the audience with ''What's up, Brooklyn!'' before his first remarks.
''I don't know anyone that loves change, but change has to happen for things to (get) better,'' he said.
The three newcomers were joined on the podium by general manager Billy King and first-year coach Jason Kidd, who at 40 is a longtime rival, a former teammate of Terry's and just a few years older than his new p. Cheap Jerseys China Cheap Jerseys Free Shipping Cheap Hockey Jerseys Cheap Jerseys China Cheap Jerseys From China Wholesale Jerseys Cheap NHL Jerseys Wholesale Jerseys Cheap Away Jerseys Wholesale Hoddies China