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The Background to the Initiation of the AIIB by China

 1．Global economic growth and people's well—being are consained by inadequate investment in infrastructure

 2．China can and should take up more responsibility as it contributes more tO the governance of the regional economy

 3．The existing multilateral development banking system has room for considerable improvement

 4．China's huge foreign exchange reserve has enormous potential for investment

The Origin and Planning of the AIIB

 1．Three planning stages

 2．The impact on the AIIB of European countries’joining

The vision of AIIB Development

 1．Respecting the demands of developing countries

 2．Maintaining financial sustainabity

 3．Setting a high standard

 4．Valuing international cooperation

The Governance and Operation of the AIIB

 1．Open and inclusive

 2．Lean and effective

 3．Pragmatic and flexible