BEIJING, May 15 (FAM) – The Belt and Road initiative put forward by Chinese President Xi Jinping is of great significance since the highly-collaborative proposal will boost the development of the en-route countries and even the whole world, World Bank President Jim Yong Kim stressed on Thursday, pledging all forms of support to propel the initiative.

He said so in an interview with the People’s Daily before he headed to Beijing for the two-day Belt and Road Forum for International Cooperation kicked off on Sunday.

“We are eager to and ready to provide support of all forms to ‘Belt and Road’development,”Kim vowed, adding that the World Bank, together with the developing countries, has accumulated quite a number of experience in trade facilitation, road infrastructure, institutionalized investment and construction of infrastructure.