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World Bank President James D. Wolfensohn and Minister Xiang Huaicheng Shake Hands


World Bank President James D. Wolfensohn (First Row: L) shakes hands with Chinese Minister of Finance Xiang Huaicheng (First Row: R) after they sign the Memorandum of Understanding on China's Joining the Development Gateway Foundation and Press Conference to launch the China Development Gateway (CnDG) on May 28, 2002. China will join other Founding Members on the Board of the Foundation, which currently includes the governments of Australia, Germany, India, Italy, Japan, the Republic of Korea, Mali (sponsored by The Netherlands) and Pakistan as well as the World Bank Group. Other sponsors from the private sector are Bloomberg, SoftBank and Transnational Computer Technology.

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