BEIJING, Jan. 16 (Xinhua) -- The opening ceremony of the Asian Infrastructure Investment Bank (AIIB) launched here Saturday morning with Chinese President Xi Jinping's attendence.
Xi will address the ceremony held in the Diaoyutai State Guesthouse in downtown Beijing.
Chinese Premier Li Keqiang will address the founding conference of the AIIB council on Saturday afternoon. The series of opening activities will last till Monday.
The international development bank was formally established in Beijing on Dec. 25, 2015. The bank, headquartered in Beijing, now has 57 members.
HANOI, Jan. 16 (Xinhua) -- The Asian Infrastructure Investment Bank (AIIB) will serve as a new effective multilateral channel for Vietnam and China to communicate with each other based on recognized standards, a Vietnamese expert said.
The inaugurating ceremony marking the opening of AIIB will be held in Beijing on Saturday. The series of opening activities will last from Saturday to Monday. Full story
BEIJING, Jan. 15 (Xinhua) -- The China-proposed Asia Infrastructure Investment Bank (AIIB), formally established on Dec. 25 last year, is set to begin operating following an inauguration ceremony on Saturday, showcasing the commitment of the world's second largest economy to making substantial contributions to renewed global economic governance.
In 2013, Chinese President Xi Jinping, who will address Saturday's ceremony, first proposed the global multilateral financial institution, which has now developed into a 57-member body in just two years, with further enlargement highly anticipated. Full story
Interview: AIIB to benefit closer connectivity, comprehensive development of ASEAN
BANGKOK, Jan. 15 (Xinhua) -- "The Asian Infrastructure Investment Bank (AIIB) will significantly promote closer connectivity and more investment opportunities for countries, especially for certain ASEAN countries with limited financial capacity," Wisudhi Srisuphan, the deputy financial minister of Thailand said.
As the top officer who led Thailand's visiting group to take part in the opening ceremony of the AIIB, Wisudhi praised the roles of the AIIB to promote inequality reduction and inclusive growth for the region. Full story