Work Together For a Bright Future November 18, 2014

Import role of AEBF AEBF members have supported many infrastructure projects of great significance to both domestic growth and economic development in different regions worldwide. In recent years, relying on the effective and pragmatic cooperation platform provided by AEBF, we have reached wide-ranging consensus on promoting mutual trade and investment, combating global climate change, enhancing regional connectivity and etc., therefore have made contributions to boosting regional economic and trade flow and improving economic, financial and investment environment in Asia.

Thoughts on future development (1) AEBF members should focus on institutional arrangement and improve our cooperation mechanism. With different national conditions, industrial structure, foreign trade pattern and stages in financial market development, members of the AEBF may have different needs on financial products. Efforts in standardizing the mechanism of multilateral cooperation shall help to better integrate our economic complementarity, optimize the allocation of financial resources and boost regional integration.

Thoughts on future development (2) AEBF members should give the priority to infrastructure construction so as to improve regional connectivity. Infrastructure capacity serves as the basis of sustainable economic and social development in a country and in a region. Particularly, large-scale cross-border infrastructure plays a critical role in promoting the flow of commodity, resources, people and finance and boosting sound regional economic development.

Thoughts on future development (3) AEBF members should rely on the expansion of value chain to assist the adjustment of foreign trade structure. Ever since the financial crisis, the global economy has been recovering with ups and downs. Sluggish external demand has exerted adverse impact on the economic development of some Asian countries. Under such circumstances, transformation and upgrading of export products has become the absolute need.

Introduction of China Eximbank China Eximbank, as a professional financial institution dedicated to promoting international economic cooperation, now boasts a total asset of nearly 400 billion USD. Being a later comer, over the past 20 years since its founding, China Eximbank has developed a multiple-tier system of financial products including export & import financing, government concessional loan and preferential buyer’s credit, ‘package loan’, ‘going global’ financing and multilateral and bilateral investment funds. It now ranks No.1 among its international peers by asset. By the end of this September, the Bank’s outstanding loans exceeded 270 billion USD.

Prospective on business development In future, China Eximbank shall make further efforts in optimizing its business mechanism, fully tap its advantages in business experience, market, talents and etc., better utilize the AEBF platform and enhance its reciprocal cooperation with AEBF members and other financial institutions in Asia. By doing so, China Exinmbank will be able to contribute further to regional economic cooperation and growth under new world situations.

Thank you !