Investment bank casts wider net

The Asian Infrastructure Investment Bank shares the same vision as the Belt and Road Initiative of promoting broad-based social and economic development in countries and regions related to the initiative, the bank's president said on Sunday.

Jin Liqun said the AIIB is one of the partners of the initiative, and its role is similar to that of the World Bank and other multilateral development institutions in supporting the financing for projects under the program.

The AIIB will continue to expand its membership, which is expected to reach 85 by the end of this year, he added.