www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Investment

Development bank head forecasts 'golden decade'

By SHI JING in Shanghai | China Daily Global | Updated: 2025-05-01 08:40
Share
Share - WeChat
File: President of the New Development Bank Dilma Rousseff. [Photo/Xinhua]

The New Development Bank, the multilateral financial organization that promotes the development of emerging markets and developing countries, is set to enter another golden age as it advances its investment in infrastructure and innovation with China's continued support, said Dilma Rousseff, the bank's president.

She made the comment in an interview after President Xi Jinping's visit to the bank's headquarters in Shanghai on Tuesday.

President Xi defined the NDB's first decade from its establishment in 2014 as "a golden decade", with the bank approving 120 projects and investing $40 billion in that time, according to Rousseff.

Xi suggested that the NDB continue to adhere to the principles that created the bank, which involve investing in the countries of the Global South and the BRICS countries. It should invest in areas, including digital and social infrastructure, that will make a difference in developing countries and emerging economies, said Rousseff, quoting Xi.

The Chinese president underlined the importance of continued investment in innovation and technology, and that the NDB should grow into a modern bank by using all possible digital instruments available, including artificial intelligence and big data.

By keeping the NDB's commitments, as Xi has suggested, the bank will head for "the second golden decade", she added.

"President Xi Jinping is extremely clear about the direction a bank like the NDB should take. This is a bank that was created for and within a multilateral conception... It is the first bank made for the Global South," she said.

The NDB was founded by Brazil, Russia, India, China and South Africa in 2014 with the purpose of mobilizing resources for infrastructure and sustainable development projects in emerging markets and developing countries. It was formally opened in July 2015.

In 2021, the NDB began expanding its membership and admitted Bangladesh, Egypt, the United Arab Emirates and Uruguay as its new member countries.

Rousseff said the NDB is firmly committed to investment in decarbonization, science, technology and innovation, the prevention and mitigation of natural disasters, and fighting climate change.

The NDB is now the world's largest issuer of panda bonds, or yuan-denominated bonds issued by overseas institutions in the Chinese onshore market. It has issued a cumulative 68.5 billion yuan ($9.4 billion) of panda bonds, with the latest issued in early April. The 3-year 7-billion-yuan panda bond received over 9 billion yuan in orders during the bidding process, showing strong investor demand and confidence in the NDB.

Given the current global market volatility, Rousseff expressed to President Xi her great respect for the firm and calm support, as well as the reaffirmation of its own sovereignty that China has shown over this time.

Over the past few years, the NDB has received support from China in all aspects, according to Rousseff. One example is that the renminbi is the bank's second most important currency, while it is increasingly looking to finance in local currencies. At present, the bank has 24 percent of financing in local currencies.

However, the participation of the Chinese system is not limited to local currency. The NDB is also supported to do swaps, or the derivatives that help parties manage risks. Chinese financial institutions have provided guidelines so that the NDB can make its regulatory frameworks more compatible with those in China, she said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产精品久久久精品视频 | 国产精品日本一区二区在线播放 | caoporen国产91在线 | 日韩天天摸天天澡天天爽视频 | 亚洲天堂一区 | 国产美女作爱视频 | 天堂精品高清1区2区3区 | 国产亚洲美女精品久久 | 国产精品久久久久影院 | 在线精品视频在线观看高清 | 美女脱了内裤张开腿让男人桶网站 | 高清国产一级精品毛片基地 | 夜间福利在线观看 | 成人毛片免费在线观看 | 国产亚洲欧美一区二区 | 欧美成人专区 | 日本免费一区二区三区视频 | cao美女视频网站在线观看 | 99九九精品国产高清自在线 | 日韩黄色视屏 | 日韩三级免费观看 | 九九色网站 | 亚洲 欧美 国产 日韩 制服 bt | 久久福利资源国产精品999 | 久草中文在线 | 99热精品在线观看 | 九九精品视频在线观看 | a理论片 | 亚洲国产综合人成综合网站00 | 欧美xxxxx毛片 | 欧美在线高清视频播放免费 | 美女视频免费看视频网站 | 全部精品孕妇色视频在线 | 欧美色偷偷 | 国产精品成人久久久久久久 | 国产精品一区二区综合 | 99久久精品国产国产毛片 | 亚洲精品在线视频 | 欧美一级棒 | 欧美一级毛片日本 | 在线看欧美日韩中文字幕 |