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    Asian Investment Bank Has Won The Trust Of All Parties Without The Idea Of Mutual Benefit And Win Win.

    2015/12/26 13:42:00 46

    Asia Investment BankEconomic PolicyMacro Economy

    China's leaders launched the initiative to set up Asia Investment Bank, demonstrating that China is a responsible big country in the international community and should shoulder more obligations, not only for its own development, but also for the development of its neighboring countries.

    In the process of preparation, China did not live on its own, but displayed an open, pparent, inclusive and democratic consultation style.

    The Chinese government has provided the necessary financial support for the establishment of banks and given other kinds of facilities.

    The whole process is the process by which the international community gradually deepens its understanding and understanding of China's initiative. To achieve such an identity, what we do must be convincing. This is very important.

    This is a good start.

    In the future, we will continue to do so when we operate and manage sub investment bank.

    On the 25 day, with the entry into force of the Asian infrastructure investment bank agreement, the Asian investment bank, which was prepared by the China initiative and received positive responses from many countries, was officially set up, and the world stage ushered in a new multilateral financial institution.

    When will the first project of Asia Investment Bank "spend where"? When will it start to recruit new members? What are the requirements of recruitment staff? Around the hot topics of all circles, the reporter interviewed Jin Liqun, the governor of Asia Investment Bank.

    The Asian investment bank has been established, has the capital of various countries been paid in place? According to the Asia Investment Bank agreement, the legal capital stock of the bank is 100 billion US dollars, and the statutory capital stock is divided into paid up capital and unpaid capital stock, of which the paid up capital is 20 billion dollars, and the capital stock to be paid is 80 billion dollars.

    Jin Liqun said that the paid capital of members should be paid 5 times. The first payment should be completed within 30 days after the entry into force of the agreement. The second payment will be completed within one year after the expiration of the agreement, and the remaining 3 will be completed within one year after the expiration of the agreement.

    He pointed out that the purpose of the Asia Investment Bank is to promote interconnection and create wealth through the investment in infrastructure and other productive fields, and to promote sustainable economic development in Asia.

    At the same time, we must work closely with other multilateral and bilateral development institutions to enhance regional cooperation and partnership and meet development challenges.

    Asia Investment Bank will provide financing for these purposes.

    In the face of the huge funding gap in infrastructure construction in Asia, what are the future investment areas of Asia Investment Bank? Where will the first project fall?

    Jin Liqun said that the key areas of financing include energy and electricity, pportation and telecommunications, rural and agricultural infrastructure, water supply and sewage treatment, environmental protection, urban development and logistics.

    After the establishment of the Asia Investment Bank, the board of directors will be convened to discuss the loan policy of the bank, including project financing standards.

    The relevant policy documents will be made public after the approval of the board.

    "The projects supported by Asia investment bank must be financially, environmentally and socially sustainable."

    Jin Liqun revealed that the Secretariat has been actively working on project reserves, and has maintained close communication with the multilateral development agencies such as the world bank, the Asian Development Bank, the European bank for reconstruction and development and the European investment bank.

    Asia Investment Bank plans to approve the first batch of loans in mid 2016, including its own independent assessment and

    financing

    There are also projects jointly financed with the world bank and other multilateral development banks.

    {page_break}

    For energy projects of external concern, he said that Asian investment bank management departments will develop energy as soon as possible.

    Loan policy

    And submit the board decision.

    Facing the energetic demand in Asia, how to deal with the severe problems such as climate change and environmental deterioration will be a great challenge.

    According to the decision of the board of directors, the sub investment bank management department will decide whether to provide financial support for the coal-fired power generation and nuclear power projects proposed by the member countries concerned.

    Asia Investment Bank will consider and balance the demands of Member States and other factors in order to make reasonable decisions.


    Since October 2013, Chinese leaders have proposed

    Asian Infrastructure Investment Bank

    Initiative, until now, the establishment of Asia Investment Bank, how can Asian investment bank become so fast in two years?

    "The establishment of Asia Investment Bank is to support the construction of infrastructure in Asian countries, promote regional interconnection and promote regional economic and social development.

    A prosperous and prosperous Asia will provide a broad market for competitive enterprises all over the world and contribute to the sustainable development of the world economy. "

    Jin Liqun said, "it is the characteristics of mutual investment and win-win cooperation of Asian investment bank, which has been actively responded by many developed countries."

    In the view of Jin Liqun, the development of Asia Investment Bank is progressing smoothly, and it lies in sincerity, democracy and professionalism that we have shown when negotiating with the countries concerned.

    "We have expressed the purpose and orientation of Asia Investment Bank very clearly, and the parties feel that the bank will do something.

    The Ministry of finance, representing the Chinese government, serves as the lead department and gives full support to our multilateral temporary Secretariat, so as to provide necessary financial support for the preparation of banks.

    The Secretariat widely absorbs international professionals and studies and drafts legal documents and other policy documents. "

    Jin Liqun said.

    He pointed out that in the process of preparation, China did not take the lead as its own, but agreed with other interested founding members on the Asian investment bank agreement and other banking law and policy documents. This open, pparent, inclusive and democratic consultative style has won the trust and support of all countries.

    At present, Asia Investment Bank has 57 intention to initiate member states, when will start the absorption of new members?

    Jin Liqun said that every intention Member States agreed to March 31, 2015 as the deadline for the absorption of intention founding members.

    After that, the application of new members should be decided by the Council.

    Since the Council was formally established after the establishment of the Asia Investment Bank, it could be legally exercised and the new members could only be started after the establishment of the Asia Investment Bank.

    "Asia Investment Bank adheres to the principle of openness and inclusiveness and absorbs new members, and welcomes the countries that are interested in and recognize the Asian investment bank's charter."

    Jin Liqun said the new membership of Asia Investment Bank is open to members of the international bank for reconstruction and development (IBRD) and the Asian Development Bank (IAD).

    Eligible countries or economies that are eligible to apply for membership will be members of the Asia Investment Bank after the vote is agreed by the majority of the Council (that is, more than half of the total number of directors, and the voting rights are not less than half of the voting rights of the members).

    In response to doubts about China's "dominance", Kim Liqun clarified that the shares and voting rights of the member countries were calculated on the basis of the formula agreed by the consultative party, and the right to vote was established to take care of the voice of the smaller members of the economy.

    At present, China's share and voting rights are the result of its total economic volume, not China's deliberate attempt.

    China has no intention of seeking a veto.

    In the future, with the accession of new members, the share and voting rights of China and other founding members will be gradually diluted.


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