Standing Committee of the National People

Turkish President Recep Tayyip Erdoğan will visit China to join a summit for the "Belt and Road," Beijing's ambitious international logistics and trade plan, Deputy Prime Minister Tuğrul Türkeş has said. 

China's parliament ratified an agreement with the world's largest emerging nations on July 1 to create a new development bank, state news agency Xinhua reported. 

The New Development Bank, also known as the BRICS Bank, is one of two international development banks that China is promoting as an alternative to western institutions such as the World Bank. 

Prime Minister Victor Ponta has arrived on Sunday in Beijing, heading a delegation that also includes Ministers Liviu Dragnea, Daniel Constantin, Ioan Rus and Constantin Nita into a three-day visit to China, following an invitation of the Chinese Premier Li Keqiang.

Ponta is also accompanied by his wife, Social Democrat Member of the European Parliament Daciana Sarbu.