Asian Fi­nan­cial Co­op­er­a­tion As­so­ci­a­tion launch set

China Daily (Hong Kong) - - PAGE TWO -

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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