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Li congratulates finance ministers at landmark AIIB meeting

Updated: Jun 29,2015 6:41 PM

Premier Li Keqiang sent written congratulations on June 29 to global finance ministers meeting in Beijing for the founding of the Asian Infrastructure Investment Bank.

Li said the 57 prospective founding members of the AIIB have immense global influence as they represent developing, emerging as well as developed economies.

It is a smart step, Li said, for all nations to work on capacity cooperation, including infrastructure construction and equipment manufacturing in order to resist global economic downward pressure.

He added that the establishment of the AIIB will help expand the financing channels for infrastructure construction and lower the cost for high-level multilateral capacity cooperation.

Li stressed that China is willing to work with all members to push forward the cooperation between the AIIB and existing multilateral institutions and link the Belt and Road Initiative with other nations.

He expressed his wishes to see all nations take an opportunity to contribute to the global economic recovery.