Want China Times, Xinhua 2013-10-03
 |
| Xi Jinping with his Indonesian counterpart, Susilo Bambang Yudhoyono, during a joint press conference in Jakarta on Oct. 2. (Photo/Xinhua) |
China's
president, Xi Jinping, on Wednesday proposed to establish an Asian
infrastructure investment bank to promote interconnectivity and economic
integration in the region.
Xi put
forward the proposal during talks in Jakarta with his Indonesian counterpart,
Susilo Bambang Yudhoyono.
Beijing
stands ready to offer financial support for infrastructure construction in
developing countries in the region, including members of the Association of
Southeast Asian Nations, Xi said. The new bank, he added, will cooperate with
existing multilateral development banks to make full use of their respective
advantages and jointly promote the sustained and stable growth of the Asian
economy.
Xi arrived
in Jakarta on Oct. 2 for a state visit to Indonesia, the first leg of his
maiden trip to Southeast Asia since he assumed presidency in March. During
their talks, the two leaders agreed to lift bilateral ties to a comprehensive
strategic partnership.
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