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The Introduction of AIIB

The Asian Infrastructure Investment Bank (English: Asian Infrastructure Investment Bank, referred to as "the Investment Bank, abbreviations: AIIB) is an intergovernmental nature of Asian regional multilateral development agencies, key support Infrastructure construction, headquartered in Beijing.The statutory capital of $100 billion to investment Banks.

On the afternoon of October 2, 2013, Chinese President xi jinping held talks with Indonesian President susilo bambang yudhoyono, in Jakarta, to promote the construction of connectivity and the region economic integration process, China proposes that the preparation of the Asian Infrastructure Investment Bank (Asian Infrastructure Investment Bank), to the region, including the asean countries, Infrastructure construction financing in developing countries.

On October 24, 2014, including China, India, Singapore and so on, 21 first intention founding member of finance ministers and authorized representatives signed in Beijing, jointly decided to set up the Asian infrastructure investment bank.

On March 12, 2015, the United Kingdom to China submitted as founding member to join the Asian infrastructure investment bank confirmation letter, formally applied to join the investment bank, became the first applied to join the investment bank of the main western

countries.

Founded background

In October 2013, Mr Xi and Mr Li, chairman of the prime minister has also in southeast Asia during the preparation and the initiative of investment Banks is proposed.China put forward the initiative of the preparation of investment Banks widely support, many countries responded positively.Since the beginning of 2014, led by China and Asian domain inside and outside country wide communication.After several rounds of multilateral consultations, each domain intention founding members agreed to the memo.

The Asian infrastructure investment bank (AIIB) will work with existing multilateral development Banks outside, complement each other, and jointly promote stable economic development in Asia.

Create meaning

The Asian infrastructure investment bank (AIIB) will not only strengthen economic growth engine of infrastructure construction, will also improve the utilization efficiency of capital Asia and contribution to the regional development level.Infrastructure investment is the basis of economic growth, huge potential in all kinds of business investment,

strong growth driving force.

"Research how to Asia's high savings into investment" will be the preparation of the Asian infrastructure investment bank, one of the tasks.

China advocates the preparation of the Asian infrastructure investment bank (AIIB), on the one hand, can continue to promote the international monetary fund (IMF) and the world bank (WB) further reform, on the other hand also supplement the current Asian development bank (ADB) in the asia-pacific region investment and financing and international aid functions.

The establishment of the Asian infrastructure investment bank (AIIB), will make up for the Asian developing countries a huge gap exists in the field of infrastructure investment, reduce capital outflows in Asia, investment in Asia "vigor and growth".

The Asian infrastructure investment bank (AIIB) is the proposed the brics development Banks (NDB), the sco development bank, China tried to dominate another step in the international financial system.It also reflects the Chinese attempt in the diplomatic strategy to bring into full play the power of capital in international finance.More worth looking

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