The Establishment Of The Sub Investment Bank's Charter Has Milestone Significance.

Experts interviewed generally affirmed that the adoption of the regulations of Asia Investment Bank has milestone significance.

The reason why the charter is so important is that it directly determines the efficiency of Asia Investment Bank in the future. Chen Kang believes that the most important part of the constitution is the establishment of sub investment bank's decision-making system, equity allocation and loan system. Chen Gang, a researcher at the Institute of East Asian Studies, National University of Singapore, believes that these three aspects directly affect the right to speak and decision-making of all countries in Asia's investment bank, and provide institutional guarantee for future decision-making operation and implementation.

To implement the core concept of "lean, clean and green", Jin Liqun, Secretary General of the multilateral temporary Secretariat of Asia Investment Bank, said that Asian investment bank will strive to innovate, namely, drawing on the good practices and experience of the existing multilateral development institutions to improve it.

Chen Kang believes that some of the policy directions currently disclosed by Asia Investment Bank have embodied the concept of "lean". According to Bloomberg, members of the board of directors of the founding members of the Asian investment bank will not be stationed at the Asia Investment Bank headquarters. Chen Kang believes this reflects that Asia Investment Bank strives to flatten decision-making and reduce bureaucratic intervention.

Chen Gang believes that to overcome bureaucracy, we need to simplify procedures. We must decide on the agenda according to the urgency of the demand rather than making too many rules and regulations.

Gao Shuchao, a professor at Law School of Singapore Management University, thinks that bureaucracy is mostly caused by inertia, and the new organization will not have many problems in the past decade. In order to avoid future problems, he suggested that Asian investment bank could periodically assess and approve the conditions of loan approval.

although Asian Infrastructure Investment Bank At present, it has not been officially opened yet, but it is noteworthy that the establishment of Asia Investment Bank has brought a wave of substantial benefits to the Asian region.

The Asian Development Bank announced on the 2 th this month that it will increase its investment in infrastructure in Asia, and the year. lending and Batch loan The total increased to $20 billion, 50% higher than the current level. On the 20 th of this month, Jin Yong, the world bank president, announced that he would provide 11 billion dollars in loans to Indonesia in the next three or four years to help the country's infrastructure construction.

These initiatives, which are more or less under the "activation" effect of Asia Investment Bank, will really benefit the development of Asia, while Asian investment bank is also willing to cooperate with the existing multilateral financial institutions.

Jin Liqun has said on many occasions that China advocates the establishment of Asia Investment Bank, which aims to meet the huge infrastructure financing needs in Asia. This demand is as high as trillions of dollars. If Asian investment bank can join forces with Asia open bank and the world bank, it will leverage its role and attract more investment for Asia.

In fact, the positive interaction between Asia Investment Bank and Asia Pacific Bank and the world bank has begun. Both the world bank and the International Monetary Fund have indicated that they are looking forward to cooperating with Asian investment bank. Nakao Takehiko, President of the Asia Pacific Bank, also said at the beginning of this month that he was willing to cooperate with Asia Investment Bank in financing.

As for the competitive relationship among the major multilateral agencies, experts believe that even competition will be a healthy competition. Chen Kang believes that through competition, the parties will make improvements in terms of system construction, loan approval and so on. But Gao Shuchao believes that agencies can interact with each other and seek the best practices in the world. Asia Investment Bank and the world bank and Asia open bank can cooperate in big projects.