www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / View

Inclusive AIIB can make a difference

By Lou Jiwei (China Daily) Updated: 2015-06-25 10:02

Inclusive AIIB can make a difference

The new multilateral development bank will adopt high standards to operate in a transparent and clean manner

The Asian Infrastructure Investment Bank (AIIB) is an initiative announced by the Chinese leadership in October 2013. Since then, the initiative has been enthusiastically received by many countries in Asia and beyond and substantial progress has been achieved. The signing of the Articles of Agreement, an important milestone for the AIIB, is set to take place in Beijing, China in end of June. This will pave the way for officially inaugurating the bank by the end of 2015, so that it can commence operation soon afterward.

I. The AIIB aims to deliver win-win outcomes

Established as a multilateral development bank, the AIIB aims to promote infrastructure development and regional connectivity, and deepen regional cooperation to bring about common development. First and foremost, the Bank will serve to boost regional infrastructure and economic development and hence support global economic recovery. It also represents an important move on the part of China to fulfill its growing international responsibilities, and to improve and complement the existing international economic system.

Firstly, supporting global economic recovery. World economy is undergoing slow recovery and anemic growth in the aftermath of the 2008 global financial crisis. Investment would play an essential role in spurring economic recovery and growth, while infrastructure investment, in particular, is the cornerstone that anchors sustainable economic growth in the long term. Yet financing gap in infrastructure globally has hindered infrastructure investment from playing its due role in promoting world economic growth.

After the financial crisis, as a result of the successive quantitative easing programs introduced by major developed economies, there is no shortage of liquidity globally; rather, the crux lies in the need of mechanisms as well as the capability to channel funds into infrastructure investment. Against the backdrop of continued sluggish growth, the AIIB can make a real difference by harnessing more capital from both the public and private sectors, for investment in infrastructure development and regional connectivity. This will help catalyze investment growth, stimulate global aggregate demand, create more jobs, and ultimately contribute to a speedier recovery of the global economy.

Secondly, promoting regional development. Underdeveloped infrastructure is a big challenge facing the Asian region, hence the need for massive investment. It has been estimated that for the period from 2010 to 2020, the aggregate demand for infrastructure investment of developing countries in Asia amounts to $8 trillion, an average annual demand of $730 billion. To put things into perspective--existing multilateral development banks like the World Bank and the Asian Development Bank together provide about $10-20 billion for infrastructure investment annually. The AIIB can mobilize more funds to support infrastructure development and regional connectivity, so as to inject long-lasting momentum into the economic growth of Asia.

Previous Page 1 2 3 4 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 99草精品视频 | 国产成人综合久久亚洲精品 | 国产日韩欧美另类 | 国产在线播放一区 | 免费国产午夜高清在线视频 | 亚洲美女中文字幕 | 亚洲欧美v视色一区二区 | 99re6这里有精品热视频在线 | 国产一区二区在线视频播放 | 欧美成人精品福利在线视频 | 亚洲国产激情在线一区 | 上海一级毛片 | 国产美女一级特黄毛片 | 日韩国产片 | 欧美精品三级在线 | 一级做a爱过程免费视频时看 | 国产永久在线观看 | 国产乱子伦视频大全 | a国产片| 色色视频免费网 | 五月久久噜噜噜色影 | 精品久久久久久无码中文字幕 | 俄罗斯一级毛片免费播放 | 日韩欧美亚洲每的更新在线 | 性欧美巨大 | 亚洲午夜在线播放 | 真人一级毛片全部免 | 伊人五月天婷婷琪琪综合 | 4455四色永久免费 | 明星国产欧美日韩在线观看 | 免费一级视频在线播放 | 精品国产免费观看久久久 | 国产免费一区二区三区在线观看 | 久久精品在现线观看免费15 | 亚洲综合首页 | 香港免费毛片 | 国产一级成人毛片 | 综合558欧美成人永久网站 | 精品国产免费第一区二区 | 亚洲天码中文字幕第一页 | 一个人看的www日本视频 |