LINE

Text:AAAPrint
Politics

Chinese president addresses AIIB opening ceremony

1
2016-01-16 11:31Xinhua Editor: Li Yan
Chinese President Xi Jinping (C) unveils a symbol sculpture of the Asian Infrastructure Investment Bank (AIIB) at the opening ceremony in Beijing, capital of China, Jan. 16, 2016. The opening ceremony of AIIB launched in Beijing on Saturday. (Photo: Xinhua/Li Xueren)

Chinese President Xi Jinping (C) unveils a symbol sculpture of the Asian Infrastructure Investment Bank (AIIB) at the opening ceremony in Beijing, capital of China, Jan. 16, 2016. The opening ceremony of AIIB launched in Beijing on Saturday. (Photo: Xinhua/Li Xueren)

The opening ceremony of the Asian Infrastructure Investment Bank (AIIB) launched here Saturday morning with Chinese President Xi Jinping's attendance.

"This is a historical moment," Xi said when addressing the ceremony held in the Diaoyutai State Guesthouse in downtown Beijing.

Chinese Premier Li Keqiang will address the founding conference of the AIIB council on Saturday afternoon. The series of opening activities will last till Monday.

The international development bank was formally established in Beijing on Dec. 25, 2015. The bank, headquartered in Beijing, now has 57 members.

Chinese Finance Minister Lou Jiwei was elected as the first Chairman of the AIIB council. Jin Liqun was elected the first AIIB president.

The opening of the AIIB marked a milestone in the reform of the global economic governance system, Lou made the remarks in an interview.

The AIIB will work together with multilateral development banks including the World Bank and the Asian Development Bank to facilitate Asian infrastructure construction and sustainable development, Lou said.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.