Purpose: Focus on supporting infrastructure construction. The purpose of its establishment is to promote the process of interconnection and economic integration in Asia and strengthen the cooperation between China and other Asian countries and regions. It is the first multilateral financial institution initiated by China, headquartered in Beijing, with a legal capital of 654.38+000 billion US dollars. As of July 20 19, AIIB had 100 member countries.
Main purposes: to promote the sustainable development of Asian economy, create wealth and improve the interconnection of infrastructure through investment in productive fields such as infrastructure; Cooperate closely with other multilateral and bilateral development agencies to promote regional cooperation and partnership to meet development challenges.
Extended data
Business type. According to the agreement, AIIB's business is divided into general business and special business. General business refers to the business funded by ordinary capital of AIIB (including legal share capital, funds authorized to raise, funds recovered through loans or guarantees, etc.). );
Special business refers to the business carried out by special funds accepted by AIIB for its own purposes. Two businesses can provide financial support for different parts of the same project or plan at the same time, but they should be listed separately in the financial statements.
Main investment: As a regional financial institution proposed by China, the Asian Infrastructure Investment Bank mainly assists countries in the Asia-Pacific region in infrastructure construction.
After the Asian Infrastructure Investment Bank is fully put into operation, it will provide financing support for infrastructure projects in Asian countries by means of loans, equity investment and guarantee, so as to revive investment in transportation, energy, telecommunications, agriculture, urban development and other industries.
References:
Baidu Encyclopedia-Asia Infrastructure Investment Bank