The 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) was held in Beijing from Tuesday to Thursday. In an interview with China News Service, Jeffrey Hiday, Director General of Communications Departments at the AIIB, stated that connectivity is one of AIIB’s key investment priorities and has promoted development in many of AIIB’s members. By enhancing connectivity—particularly through transport projects—AIIB’s investments help people access job opportunities more easily, reduce carbon emissions, and improve quality of life in multiple ways.
Speaking on the importance of infrastructure development for economic growth, he noted that China is widely regarded as a global model in this field. “China is a great example,” he noted. “A few decades ago, its GDP was well below 1,000 dollars per capita. Now it’s so far ahead, and most experts would agree infrastructure led the way.”He added that going forward, AIIB will continue to finance “infrastructure for tomorrow,” working together with members, clients and partners to advance global sustainable development and green transition.
By Huang Fang,Zhao Li