AIIB expands global membership to 110

The Asian Infrastructure Investment Bank (AIIB) has grown to 110 approved members after its Board of Governors voted in support of the application by the Republic of Nauru on Thursday during the bank's ninth annual meeting.

The ninth annual meeting of the AIIB was held in Samarkand, Uzbekistan from Wednesday to Thursday, marking the first time that the AIIB has held its flagship event in Central Asia.

Running under the theme "Building Resilient Infrastructure for All", this year's annual meeting focused on key issues, including infrastructure development, multilateral cooperation, regional interconnectivity and response to global challenges such as climate change.

"The Bank's climate financing was scheduled to reach 50 percent by 2025, but we have achieved that target two years ago, and we will continue to finance more. In terms of promoting regional connectivity, we will contribute more to the regional and global integration, or the cross-border interconnectivity in other words," said AIIB's president Jin Liqun.

The AIIB also focuses developing green economy, achieving sustainable growth and promoting the construction of infrastructure through digital technologies, according to Jin.

The Board of Governors of the AIIB announced at a ceremony marking the end of the ninth AIIB annual meeting that the bank's 10th Annual Meeting will be held in Beijing in June 2025 and Lan Foan, the AIIB Governor for China and also China's Minister of Finance will be the Chair of the AIIB Board of Governors for 2025.

Beginning operations in Beijing in January 2016, the AIIB is a multilateral development bank whose mission is to finance infrastructure projects that prioritize sustainability. The bank has approved financing of over 50 billion U.S. dollars for around 300 projects since its inception.

AIIB expands global membership to 110

AIIB expands global membership to 110

AIIB expands global membership to 110

AIIB expands global membership to 110

AIIB expands global membership to 110

Chinese Vice Premier Liu Guozhong on Tuesday addressed the High-Level Meeting of African Heads of State and Government and Partners on the Ebola Disease Outbreak via video link.

Liu, also a member of the Political Bureau of the Communist Party of China Central Committee, said that the vision of building a community with a shared future for humanity and a global community of health for all has charted the course for international cooperation in fighting the pandemic.

Noting that China and Africa have always been a community with a shared future, Liu said China has provided emergency humanitarian assistance to the Democratic Republic of the Congo (DRC) and the African Union (AU), and dispatched medical expert teams to the DRC.

Meanwhile, nearly 1,000 Chinese medical professionals who are working in African countries stand side by side with local people in combating the disease, he said.

China stands ready to provide more medical support to Africa within the framework of the Forum on China-Africa Cooperation, and calls for the international community to enhance solidarity and cooperation to increase support for African countries, said Liu.

Burundian President and current Chairperson of the AU Evariste Ndayishimiye chaired the meeting. Heads of state and government from more than 10 African countries, including South Africa, Equatorial Guinea and Zimbabwe, attended the meeting. Representatives from international and regional organizations such as the World Health Organization and partners from outside the region also attended.

Chinese vice premier addresses high-level meeting on Ebola outbreak