The African Development Bank (ADB) on Wednesday opened its annual board meetings in Shanghai, which are widely seen as a move to deepen China-Africa cooperation.

In his address to the opening ceremony, Chinese Premier Wen Jiabao said the current annual meetings would surely boost the ADB's growth, strengthen its role and increase its influences.

It is the first time the annual board meetings of the ADB are held in Asia, and the second time outside Africa.

While reviewing the traditional friendship between China and Africa, Wen said the Chinese government and people are committed to Africa's peace and development.

Since China started to establish diplomatic relations with African countries in 1950s, China has built more than 900 infrastructure and public projects in Africa, he said.

China also extends zero-tariff treatment to the exports of some least developed African countries to China and offers greater market access to African products, Wen said.

To enhance bilateral partnership, China announced further measures including more aid and wider market access to Africa, during the Beijing Summit of the Forum on China-Africa Cooperation held last November.

China will fully deliver on the commitments and is working with the African countries to implement the measures, Wen said.

Wen also urged to explore new ways of cooperation and upgrade current cooperation to bring about mutual benefit.

Governments should provide more guidance for businesses, he said.

Wen called for better project evaluation and higher efficiency of investment and loans.

China places great value on its cooperation with the ADB and sub-regional development organizations in Africa, he said.

The Chinese government is also ready to strengthen cooperation with other countries and international financial institutions including the ADB, Wen said.

Themed "African and Asia: Partners in Development", the two-day meetings will focus on infrastructure development in Africa, regional integrity and poverty relief.

Around 2,000 people attended the opening ceremony, including Rwandan President Paul Kagame, President of Cape Verde Pedro Pires, and President of Madagascar Marc Ravalomanana.

Zhou Xiaochuan, governor of the People's Bank of China, the central bank, and Donald Kaberuka, president of African Development Bank, also attended the opening ceremony.

"Since its inception, the African Development Bank has made a lot of achievements in poverty reduction, development and African integration," Zhou said.

"I'm confident that this annual meetings will become a fresh starting point for all parties to intensify cooperation and promote development in both Asia and Africa," Zhou said.

"Africa is better poised for economic prosperity and better governance than it has been for decades," said Kaberuka, the ADB president, who forecast economic growth of Africa at above 6.5 percent in 2007.

Kaberuka called for sustained development of the African economy, which currently has "serious cause for concern" including lack of progress in part of the continent, vulnerable and low-based economy and relatively faster-growing population.

Founded in 1964, the ADB has 77 members from Africa, America, Europe and Asia. China became its member in 1985.