Xinhua News Agency, Beijing, July 28 (Reporter Zheng Mingda) On the afternoon of July 28, President Xi Jinping was in the video conference of the Fifth Annual Meeting of the Asian Infrastructure Investment Bank (hereinafter referred to as the Asian Infrastructure Investment Bank) (hereinafter referred to as the annual meeting video conference) ) Address at the opening ceremony. After the opening ceremony, Minister of Finance Liu Kun accepted interviews with reporters from People's Daily, Xinhua News Agency, CCTV and other media to introduce the relevant situation.

　　Liu Kun said that initiating the establishment of the Asian Infrastructure Investment Bank is an important initiative for China to actively participate in and support the global economic governance system. In October 2013, President Xi Jinping proposed the establishment of the Asian Infrastructure Investment Bank on behalf of China. On December 25, 2015, the AIIB was formally established. On January 16, 2016, President Xi Jinping attended the opening ceremony of the Asian Infrastructure Investment Bank and delivered a speech. This year marks the fifth anniversary of the establishment of the AIIB. The Fifth Annual Meeting of the Board of Directors is an important meeting for the AIIB to move from the initial stage to the steady development stage. At this critical time, President Xi Jinping delivered a speech at the opening ceremony of the AIIB Annual Meeting Video Conference. From the perspective of advocating multilateralism, promoting the common development of members, and promoting the building of a community with a shared future for mankind, he fully affirmed the AIIB’s operational achievements and explained China in depth. The expectations for the future development of the AIIB and a series of important guiding opinions are of great practical significance for promoting the continuous development and growth of the AIIB, adhering to multilateralism, promoting regional cooperation, and improving the global economic governance system.

　　One is to emphasize multilateralism. President Xi Jinping emphasized that the practice of the global fight against the new crown pneumonia epidemic shows that mankind is a community of shared destiny sharing weal and woe, and only mutual support, solidarity and cooperation is the right way to overcome the crisis. To resolve the contradictions arising in the process of economic globalization, we cannot rely on "decoupling" and unilateralism and protectionism. We must rely on more inclusive global governance, more effective multilateral mechanisms, and more active regional cooperation. China has always supported multilateralism, practiced multilateralism, and pursued common development with other countries in the world in the spirit of openness, cooperation and win-win. The AIIB is an institution that pursues multilateralism. China will continue to work with its members to support the AIIB, run the AIIB, and make greater contributions to the international community in coping with risks and challenges and achieving common development. These propositions reflect China's responsibility and courage as a responsible power. The AIIB already has 102 members across six continents, and it has absorbed the 103rd new member during this annual meeting. Facts have proved that advocating and practicing multilateralism is not only China's choice, but also the universal consensus and desire of the international community.

　　The second is to affirm the operational results. President Xi Jinping fully affirmed the operational performance of the AIIB, which is very encouraging. President Xi Jinping pointed out that for more than four years, the AIIB has been operating in accordance with the multilateral development bank model and principles, adhering to international, normative, and high standards to achieve a good start. The AIIB’s circle of friends is getting bigger, more good partners, and the quality of cooperation is getting higher and higher. The AIIB has provided 24 members with 87 investment in infrastructure projects with a total value of nearly 20 billion U.S. dollars, and has demonstrated a brand-new image of a professional, efficient, and clean new multilateral development bank internationally. Since the outbreak of the new crown pneumonia epidemic, the AIIB has acted swiftly and established a new crown pneumonia crisis recovery fund with an initial scale of 10 billion US dollars to support members to respond to the epidemic and restore the economy, which fully reflects the ability of the AIIB. The AIIB has established and improved institutional governance, formulated and implemented a series of strategies and policies, obtained an international AAA credit rating, established cooperative relations with international multilateral and bilateral institutions, and continuously innovated business varieties and models. The achievement of these achievements demonstrates the foresight of the Chinese leaders in advocating the establishment of the Asian Infrastructure Investment Bank, unites the concerted efforts of all members and the development and integration of the international community, and proves the vigorous vitality of multilateralism and is a great achievement in promoting the concept of building a community with a shared future for mankind. practice.

　　The third is to raise ardent expectations. President Xi Jinping hopes that the AIIB will live up to its mission, the times, and the crowd trust. He pointed out that the AIIB should become a new platform to promote the common development of members and build a community with a shared future for mankind. He put forward four suggestions in this regard: First, focus on common development , To build the AIIB into a new type of multilateral development bank that promotes common global development. The AIIB should be committed to serving the development needs of all its members, providing more high-quality, low-cost, and sustainable infrastructure investment to provide new impetus for the economic and social development of Asia and other regions. Second, be brave to innovate and build the AIIB into a new development and practice platform that keeps pace with the times. The AIIB should innovate in development concepts, business models, and institutional governance, promote interconnection, promote green development, and support technological progress through flexible and diverse development financing products. Third, create best practices to turn the AIIB into a high-standard new type of international cooperation organization. The development of the AIIB must adhere to high standards and high quality, and organically integrate compliance with internationally accepted standards and respect for the law of universal development with the actual needs of each member's own development, and create best practices in international development cooperation. Fourth, persist in openness and inclusiveness, and build the AIIB into a new model of international multilateral cooperation. We must adhere to the principle of extensive consultation, joint contribution and shared benefits, conform to the adjustment and evolution of the world economic structure, cooperate with more development partners, provide regional and global public products, promote regional economic integration, and promote economic globalization toward a more open, inclusive and universal economy. Development in the direction of benefit, balance and win-win. These suggestions embodied China's philosophy and responsibility as the largest shareholder of the AIIB, and pointed out the direction for the future development of the AIIB.

　　Liu Kun said that Chairman Xi Jinping’s speech at the opening ceremony of the AIIB’s annual meeting video conference was actively echoed and highly praised by all participants. We will follow the important propositions put forward by President Xi Jinping as a guide to support the continuous development and growth of the AIIB. Through joint efforts with all members, we will jointly promote the AIIB to improve infrastructure and connectivity in Asia and the world, and promote economic recovery and sustainable development. , Improve global economic governance and make greater contributions!