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Addressing the AIIB board of governors on Saturday, the bank's President Jin Liqun said that the bank is "now off to a strong start" and has begun to deliver on its commitments to shareholders and the world on organizational performance and corporate governance.

Yerevan is the last leg of Zhang's four-nation tour which started on May 30. Prior to Armenia, the nine-day tour also took him to Sochi of Russia, Azerbaijan and Georgia.

Ri is a member of the Political Bureau of the WPK Central Committee,vice chairman of the WPK Central Committee and director of the party's International Department.

Premier Li stressed that contingency plans should be ready based on a close analysis of the current flood situation so as to ensure the intensity, order and efficiency of the work. We must, first and foremost, ensure the safety of the people as well as the security of major embankments and major facilities. Second, we need to focus our efforts on preventing basin-wide floods and secondary disasters. Key water conservancy projects should be better leveraged, and controlled reservoirs and gate dams should be fully utilized to retain and discharge flood, and reduce and shift the flood peaks. There should be better coordination of various water conservancy facilities to adjust water flow. We should also improve all kinds of emergency plans, particularly the plan for the orderly evacuation of people, and mobilize the system of collective surveillance and prevention to guard against torrential floods, landslides, mud slides and other disasters. Third, we need to ensure the effectiveness of the two basic jobs of monitoring, forecasting and early warning as well as risk detection and elimination. We need to closely monitor the developments and changes in rainfall, water level and flood, enhance information sharing and joint consultations, make rigorous assessment of the trend of flood, strive to buy more time for flood and disaster prevention and relief and relocation of residents, and make utmost efforts to avoid casualties. We must do a good job in the patrolling and troubleshooting of flood-prevention facilities including main dikes, reservoirs and floodgates as well as embankments of rivers and lakes where water levels are already beyond the warning mark, and ensure prompt risk detection and management.

The mutual respect and friendship between the two countries and peoples will be the most significant key to success, he said, pointing to the success story of COSCO Shipping's first investment at Piraeus at the containers terminal. The results of Sino-Greek collaboration over the past seven years are impressive, he noted.