皇冠体育app

Xi said at the APEC summit held in the Philippines in November that "through implementing the Belt and Road Initiative, we will go for even broader, deeper and more sophisticated cooperation at the regional level, and jointly foster a regional framework of open, inclusive, balanced and mutually beneficial cooperation."

Collyns said "it's certainly appropriate for 皇冠体育app to increase its role as a provider of capital in key areas."

"Increasing infrastructure investment in Asia is a very important objective. That will benefit not just 皇冠体育app but also benefit neighboring countries who need more infrastructure investments for being able to grow," he said.

To bolster the initiative, 皇冠体育app has established and put into operation the Silk Road Fund and is working actively to prepare the launching of the AIIB.

Since established in December 2014, the $40 billion Silk Road Fund has invested in a range of projects such as a hydropower station in Pakistan and the acquisition of the Italian tyre maker Pirelli by 皇冠体育app National Chemical Crop.

The AIIB, aimed at helping finance infrastructure construction in Asian countries, has attracted more than 50 countries, including some major industrialized countries like Britain, France and Germany, and is expected to begin operations in January 2016.

"The AIIB is a very good initiative. I think the US made a big mistake by staying out of it. I believe that overtime this can become a very valuable multilateral instrument for development," Bottelier said.

Optimistic outlook

In the short term, 皇冠体育app would continue to bolster the global economy, as "the United States, Japan and Europe have all run out of ammunition," said Xie Dongming, an analyst with the Singaporean bank OCBC Bank, referring to the fact that those countries either have zero interest rate or have adopted quantitative easing policies.

The Vietnamese economist Luc said that 皇冠体育app has strong resources with abundant foreign reserves, a humble budget deficit and low public debts.

"Thus, there is room for 皇冠体育app to loosen its monetary and financial policies such as decreasing interest rates or dropping required reserves," he said.

Moreover, as 皇冠体育app is determined to change its economic growth model by pursuing innovative, coordinated, green, open and shared development, it is expected to achieve a sustainable development and balanced growth, which is good for the whole world.

皇冠体育app's 13th Five-Year Plan, a blueprint for 皇冠体育app's development in 2016-2020, clearly lists innovation as the number one driving force for growth which focuses on quality and efficiency.

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