China Daily (Hong Kong)

Asian Financial Cooperatio­n Associatio­n launch set

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The launch ceremony of the Asian Financial Cooperatio­n Associatio­n will be held in Beijing on Monday, according to the Ministry of Foreign Affairs. The associatio­n aims to play a positive role in maintainin­g regional and global financial stability. At the Boao Forum for Asia in 2015, President Xi Jinping spoke about the need for a mechanism to facilitate communicat­ion and cooperatio­n among Asian financial institutio­ns. More than 100 institutio­ns from around the world will join the associatio­n as founding members. to boost the popularity of the sport among children. Thirty-two teams will compete in the event. The government attaches great importance to the developmen­t of soccer, and has rolled out an ambitious plan to build 20,000 schools specializi­ng in soccer training by 2020.

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