From June 24 to 26, the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) was held in Beijing themed “Connecting for Development, Collaborating for Prosperity”. 

Lan Fo’an, China’s Governor of the AIIB, Chair of the 10th AIIB Board of Governors, and Minister of Finance of China, led the Chinese delegation to the meeting and chaired discussions on relevant agenda items. Liao Min, China’s Alternate Governor of the AIIB and Vice Minister of Finance of China, also attended the meeting and delivered remarks. 

In his speech, Lan highly commended the remarkable achievements made by the AIIB since its establishment 10 years ago. He emphasized that the AIIB should remain committed to its international, rules-based, and high-standard orientation, and continue to grow stronger so as to contribute further to connectivity and shared prosperity in Asia and beyond. He highlighted four key priorities: first, staying true to its founding mission and addressing members’ needs; second, fostering operational innovation to enhance comparative advantages; third, improving internal governance to strengthen the foundation for development; and fourth, expanding partnerships to build a stronger synergy for progress. Lan congratulated Madam Zou Jiayi on her election as the new President of the AIIB and expected that, with the support of all members, the AIIB would forge ahead and embark on a new decade of excellence. 

China, as one of the AIIB’s founding members, a major shareholder, the host country of its headquarters, and a key development partner, firmly supports the AIIB’s continuous growth. China stands ready to work hand in hand with all parties to make the AIIB a new model of international multilateral cooperation, Lan noted. 

On the sidelines of the meeting, Lan held bilateral meetings or exchanges with senior officials of several countries, including President and Minister for Finance of Nauru David Adeang, Deputy Prime Minister and Minister of Finance of Croatia Marko Primorac, and Deputy Prime Minister of Mongolia Dorjkhand Togmid, as well as AIIB Governors from the bank’s members such as Ethiopia, Djibouti, Hungary, Singapore, Qatar, Indonesia, and the United Arab Emirates. Their discussions focused on the AIIB’s future development and bilateral cooperation. 

Liao also held bilateral meetings or exchanges with Ghana’s Minister of Finance Cassiel Ato Baah Forson, Minister of Economy and Planning of Tunisia Feryel Ouerghi Abdelhafidh, Minister of Finance of Sierra Leone Sheku Bangura, as well as Alternate Governors and senior representatives from AIIB members including Pakistan, Uzbekistan, the Netherlands, Austria, the Republic of Korea, and Brazil. He also met with heads of international organizations such as the United Nations, the World Bank, the Asian Development Bank, the New Development Bank, and the ASEAN+3 Macroeconomic Research Office (AMRO). These meetings primarily focused on cooperation within the AIIB framework and broader bilateral financial and economic cooperation between China and the respective parties.