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
World / Opinion

BRICS bank complements global financial mechanism

(Xinhua) Updated: 2015-05-19 11:00

BEIJING - The BRICS development bank is expected to start operations around the end of this year and play a complementary role to existing global financial mechanisms.

The bank, known as New Development Bank (NDB) and proposed in 2012, is backed by the five major emerging global economies -- Brazil, Russia, India, China and South Africa. NDB headquarters are on the site of the 2010 World Expo in Shanghai. Along with a $100 billion contingent reserve arrangement to help countries forestall short-term liquidity pressure, the new bank is expected to strengthen the global financial safety net.

"The bank will have profound implications for infrastructure and sustainability in new markets and developing countries," said Shi Yaobin, China's vice Minister of Finance.

Shi said NDB would enhance international financing capabilities and facilitate world growth, especially developing countries.

The World Bank estimated that South Asia needs to invest about $250 billion?a year to bridge the infrastructure gap over the next 10 years, while East Asia needs about $600 billion annually.

Developing countries have long complained that loans from organizations like the World Bank always come with strings attached and have campaigned for changes to these institutions.

"The NDB offers them a new financing channel and may spur other international financial institutions to do more to address the concerns of fast-growing economies," said Huang Jianhui, a senior researcher with China Minsheng Bank.

Meanwhile, NDB will soon welcome new member in addition to its founding members, according to Shi.

"An open stance, welcoming more countries, is expected to expand the influence of the NDB, as did the Asian Infrastructure Investment Bank (AIIB)," Huang said.

Shi pointed out that the NDB and AIIB are complementary and the two can work together with other international financial institutions to improve global economic governance.

The NDB will draw on the experience and established practices of other counterparts to become an efficient, professional and transparent organization, Shi said.

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 久久成人小视频 | 两性午夜视频 | 亚洲特级黄色片 | 色偷偷女男人的天堂亚洲网 | 国产精品爱久久久久久久 | 日韩欧美不卡一区二区三区 | 亚洲日本高清影院毛片 | 精品国产高清久久久久久小说 | 欧美国产综合日韩一区二区 | 国产精品99久久久久久小说 | 韩国一级免费视频 | 91精品一区二区三区在线观看 | 男女视频免费观看 | 美女黄频免费看 | 手机在线播放av | 色久在线| 国产精品无码久久久久 | 欧美日韩精品一区三区 | 99re8免费视频精品全部 | 精品国产网 | 日本精品一区二区三区在线 | 黄色天堂 | 亚洲在线免费观看 | 午夜在线伦理福利视频 | 久青草网站 | 国产网址在线观看 | 免费一级做a爰片性色毛片 免费一极毛片 | 亚洲第一黄色网 | 欧美xxx精品 | 国产欧美二区三区 | 国产人成在线视频 | 一区二区三区日本视频 | 欧美日韩不卡在线 | 波多野结衣一级 | 国产精品免费观在线 | 日本三级香港三级三级人 | 大片国产片日本观看免费视频 | 久草在线视频网站 | 精品欧美一区二区在线观看欧美熟 | 精品国产视频在线观看 | 久视频在线观看 |