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Business / Economy

China set to win trust, confidence of other member countries: AIIB President

(Xinhua) Updated: 2016-03-03 10:07

He said the object of AIIB is to foster sustainable economic development, create wealth and improve infrastructure connectivity in Asia by investing in infrastructure and other productive sectors.

"I think AIIB can contribute to the connectivity in the vast Eurasia land," he said, adding that the natural connectivity of Eurasia should be enhanced by the modern facilities such as railways and expressways, so that the cost of doing business between European countries and Asian countries can be lowered.

Jin said five vice presidents of the bank have been nominated to the board, and the management team will be in place before May.

"Our current priorities for the bank include recruiting managers and staff, institutionalizing the operational, financial and administrative policies of the bank," he said.

Wednesday's lecture was jointly organized by CBS and University of Copenhagen, Denmark's two prestigious universities.

Jin said Denmark and Finland are two countries he visited right after he was elected as president of AIIB, as Nordic countries offer a lot for Asian countries to learn.

He said AIIB attaches great importance to all the shareholders, big or small. "AIIB is very privileged and pleased to have Nordic countries as well as other European countries to be the shareholders. You'll be the best guardian of AIIB governance, you will be the best guardian to this institution," Jin said.

He said he noticed that the governments of Nordic countries have been vigorously promoting green economy.

"AIIB should also do a good job in promoting green economy to develop infrastructure and economy without leaving a big footprint in ecosystem and in the environment," Jin said.

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