China urges Beijing-backed development bank to focus more on Belt and Road Initiative

Beijing – Chinese Prime Minister Li Qiang called on Thursday to Asia Infrastructure Investment Bank to increase the support of Beijing to the Kemer and Road attempt.

“I hope AIIB will continue to open regionalism and promote connection and communication between Asian countries and countries around the world,” Mandarin said in Mandarin. He said.

“It is important to strengthen the synergy between the bank and the Belt and the Global Development attempt,” Li, referring to two programs led by Beijing. He said.

In his speech at the opening ceremony of the 10th anniversary meeting of the Bank, US President Donald Trump claims to have unfair benefit to other nations.

Premier Li’s “comments indicate China’s attempts to benefit from the chaos caused by Trump’s trade and economic policies,” Premier Li said.

“China is aware that China is trying to put pressure from China (as we see in the UK trade agreement) to bend, and this is part of its strategy to resist these efforts.” He said.

Under the direction of Chinese President Xi Jinping, China has now launched a regional development program called Kemer and Road attempt in 2013.

The program is seen as an attempt to increase the global impact of Beijing through the development of Railway, Sea and other transportation routes that connect Asia to Europe and Africa. Critics argue that China’s major infrastructure project forced the developing countries to benefit highly borrowing while benefiting Chinese companies, which are generally state -owned assets.

In 2021, the XI later announced a broad “Global Development Initiative” in 2021 to encourage efforts to reduce poverty, poverty and food safety, which were compatible with the UN’s 2030 sustainable development targets.

This week, AIIB announced that Zou Jiayi, a former Chinese Finance Minister, would be him. Subsequent president Starting from January. Zou also one before China Alternative Governor at the World Bank. Anti -Corruption official Member The ruling Chinese Communist Party Central Committee is the third highest power circle in the country.

Jin Liqun, the current president of AIIB, has served for two five years since the establishment of the Bank and is also a former Chinese Finance Minister.

Indonesia, the founding member of AIIB, is working with a total of $ 5.1 billion in total.

“Indonesia not only generates operating income for AIIB, but also we [are] It also provides a tremendous experience and strong participation.

“AIIB is no longer a developing bank. Now a global power for development.”

Although it is not a member of the USA, England, France, Germany are listed between 110 Members of the Bank led by ChinaRussia, Israel, Singapore and Vietnam. China has the largest shares of AIIB and 26.5 % voting share.

AIIB gives loans to developing countries for infrastructure projects such as water supply and transportation. Beijing -headed Aiib said that Financing of $ 8.4 billion was approved last year, Since its launch in 2016, it has brought total to $ 60 billion.

On Wednesday, Li called on global business leaders and senior government representatives to cooperate and turn trade into political or security problems. Participating in the international economy is a way to “reshape rules and order” through an official English translation.

This year, he was talking at the Annual Chinese Conference of the World Economic Forum called “Summer Davos” in Tianjin this year. LI later met with business managers, including the founder and president of JD.com, including Richard Liu.

According to the state media, the Chinese Trade Minister Wang Wentao and the President of the National Development and Reform Commission of the country’s Economic Planning Agency, Zheng Shanjie, attended Li’s conversation and jobs.