Analysis on the Significance of Constructing Asian Infrastructure Investment Bank

Abstract

Infrastructure construction is of great significance to a country’s sustainable economic growth. As the economic globalization and regional integration, Asia has become the world’s most active and most promising region, deepening of cooperation between countries, but pushing forward cooperation needs to rely on sound infrastructure system. However, most of the developing countries in Asia face difficulties, such as poor infrastructure, insufficient funds, which seriously restrict the economic development of Asian countries and weaken the ability to response to the financial crisis. Setting up an investment bank that provides special service on financing for infrastructure construction in Asian countries is particularly important, for China and Asia and even for the whole world; it has the far-reaching significance. The preparation of the Asian infrastructure investment bank is unprecedented, so we need to learn operation pattern and the structure of the organization of experience from the world bank and the Asian development bank and other international financial organizations, combined with the actual situation of the region. As a result, we should analyze the significance and carry on the reasonable and feasible ideas for the Asian infrastructure investment bank.