US EditionChina Pushes AIIB to Boost Cross-Border Projects
- Chinese Premier Li Qiang attended the Asian Infrastructure Investment Bank's 10th annual meeting in Beijing from June 23-25, 2025, urging greater AIIB support for Beijing's Belt and Road Initiative.
- This call follows China's finance minister Lan Foan's appeal on June 25 to expand AIIB funding for cross-border connectivity amid a global decline in development aid and economic slowdown.
- The AIIB, founded in 2015 and now with 110 members, has approved over 320 projects worth about US$60 billion across 38 countries, including green projects focusing on Southeast Asia.
- Indonesia’s Finance Minister Sri Mulyani Indrawati emphasized that the country has partnered with the AIIB on 14 projects worth more than US$5.1 billion, contributing not only financially but also bringing valuable expertise and active engagement to the bank.
- The event underscores AIIB’s ambition to double annual lending to US$17 billion by 2030, enhance private sector involvement, and address challenges like geopolitical risks and funding gaps in developing countries.
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The Minister of National Economy was also elected as one of the vice-chairmen of the 2026 general meeting at the bank's general meeting.
China to support AIIB in advancing cross-border infrastructure: Chinese finance minister
China attaches great importance to cross-border infrastructure development, said Chinese Finance Minister Lan Fo'an at the ongoing 2025 Asian Infrastructure Investment Bank (AIIB) Annual Meeting held in Beijing, voicing the country's support for AIIB's
·Beijing, China
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China urging private firms to invest more in cross-border infrastructure
Finance minister, speaking at Asia Infrastructure Investment Bank meeting, says more mobilisation of private capital could help overcome bottleneck of insufficient public investment for infrastructure.
·Hong Kong
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