China backs World Bank's Jim Yong Kim

China supports Jim Yong Kim's second-term as the World Bank President, China's vice finance minister said on Friday.

Zhu Guangyao, vice-minister of finance, spoke highly of President Kim's efforts in lifting global economic growth and in poverty reduction.

Speaking at a news conference ahead of G20 Summit to be held in Hangzhou, Zhejiang province, Zhu said that China has a built a long-standing cooperation with the World Bank and the nation's economic growth has benefited from the financial support and knowledge provided by the World Bank Group.