The full name of AIIB is

The full name of AIIB is Asian Infrastructure Investment Bank. AIIB was established on February 25th, 20th15th. It is an intergovernmental multilateral development agency in Asia, focusing on supporting infrastructure construction. Its purpose is to promote the process of Asian connectivity and economic integration, and to strengthen cooperation between China and other Asian countries and regions. It is the first multilateral financial institution initiated by China.

Headquartered in Beijing, AIIB is a bank established to strengthen economic cooperation among Asian countries. It has great market potential. AIIB can help countries solve the shortage of funds, which is of great benefit to everyone. For China, it can improve the status of RMB and make the country's voice more and more important.

What is the significance of establishing AIIB?

① Promote sustained and rapid economic growth and healthy and stable social development in Asia, and enhance the ability to cope with economic and financial challenges.

② Recognize the importance of infrastructure construction to national economic development, promote infrastructure construction in Asia and provide funds for infrastructure construction in Asia.

(3) Strengthen economic cooperation and dialogue among Asian countries, strengthen economic dialogue between Asia and other countries, and inject new vitality into Asian economic development.

Promote the reform of world financial organizations, promote the process of economic globalization, improve the investment environment in the Asia-Pacific region and enhance its international economic functions.

⑤ Enhance China's international economic status and provide new development opportunities for Belt and Road construction and RMB globalization.