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AIIB sets a stellar new example for international multilateral cooperation

2025-06-29 08:40:43       source:Global Times

June 28, 2025


The 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) Board of Governors was held in Beijing from Tuesday to Thursday. Looking back over the past decade, the AIIB has, amid growing global development challenges, have focused on connectivity, advanced open cooperation, and upheld multilateralism, thus effectively advancing sustainable development at both regional and global levels. Looking ahead, the AIIB will take this meeting as an opportunity to clarify the next strategic focus of development, further build consensus on cooperation, and inject the power of development, openness and cooperation into a world of changes and chaos.

When the AIIB was launched, President Xi Jinping called for making it "a new type of professional, efficient, and clean multilateral development bank." Over the past decade, the AIIB has maintained international, rule-based, and high-standard operations, embarked on a path with high starting point, high-quality development, and high-level cooperation, and pioneered a new model for global financial governance. 

The number of AIIB members grew from 57 to 110, covering 81 percent of the world's population and 65 percent of global GDP. It has approved over 300 projects with a total approved financing exceeding $60 billion, and has mobilized over $200 billion in capital, benefiting 38 members in Asia and beyond. It has consistently maintained the highest AAA credit rating from the three major international rating agencies, and has issued bonds in 20 currencies, raising over $54 billion in financing. 


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https://www.globaltimes.cn/page/202506/1337174.shtml