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AIIB will uphold high standards

By Wang Hui | China Daily | Updated: 2015-04-29 07:39

Since last month, the China-initiated Asian Infrastructure Investment Bank has been constantly in the global spotlight. The popularity of the bank culminated on April 15 when a total of 57 countries were approved as founding members.

The number of founding members exceeded expectations. The AIIB's attractiveness has aroused uneasiness and even acrimony among those who still harbor a Cold War mentality. Under such circumstances, China, as the initiator of the bank, should remain sober-minded when it sets out to design the architecture of the bank with member countries.

In the months to come, the AIIB will focus on establishing its charter, governance structure, innovative management design and funding mechanism. It has vowed to learn from the World Bank, the International Monetary Fund, the Asian Development Bank and other international financial institutions.

AIIB will uphold high standards

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