
![]() |
The Asian Infrastructure Investment Bank (AIIB) is supposed to be a platform for Sino-U.S. collaboration rather than a point of divergence. It therefore welcomes the American private sector to bid for its projects, Jin Liqun, president of AIIB, said at a seminar of Washington-based think tank Atlantic Council on April 24.
China attaches great importance to its collaboration with American enterprises, Jin added, which is why it maintains close contact with U.S. think tanks, financial institutions, businesses, law firms and consulting firms in the hope of finding win-win opportunities, he added.
The number of AIIB member countries reached 70 in March, and that number may jump to 85 by the end of this year, Jin said. He added that, as a startup institution, AIIB will not blindly pursue profit at the expense of lending countries.
Addressing doubt and speculation from outsiders about the organization's motives and capacity, Jin explained that AIIB, serving all its member countries, effectively supplements existing multilateral development banks, and will maintain high standards when it comes to financing, environmental protection and labor rights.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses