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Themed "Asia's New Future: Toward a Community of Common Destiny", this year's Boao forum1 will cover a number of different topics including the macro-economy, industrial transformation2 and regional development.
Yang Xiyu, deputy director of the Boao Forum's Research and Training Institute, says the AIIB will also be one of the hot issues on the agenda.
"As we all know, the AIIB is now a hot topic. This is not because of us, but because of the different stances taken by countries in the West. Some countries have expressed doubts that the bank lacks good internal practices. We will discuss what the best practices are during the forum. I believe the discussions will help make the AIIB more inclusive, transparent3 and sustainable."
Austria this week has become the latest European country to announce plans to join the AIIB, making it the 6th European state to join as a founding member.
Chinese authorities say all countries are welcome to join the bank, which is designed to diversify4 infrastructure5 financing in Asia.
Decision making mechanisms6 and other issues about how the AIIB will operate are currently under discussion.
亚投行成博鳌论坛重点
As one of the countries to join this year's Boao Forum, Indonesia says the AIIB will create more funding channels for the country's infrastructure development.
"The infrastructure development is the biggest priority for economic development for Indonesia. Having this program, infrastructure development is a big issue. We have to have enough funding. We have to have good governance in the projects. We see this as one alternative for us in Indonesia that can be providing more options, more alternatives of fund sources for infrastructure development. "
With an expected initial capital of 50-billion US dollars, the AIIB is set to become formally operational by the end of this year.
Apart from AIIB, the construction of the Silk Road Economic Belt and the 21st Century Maritime8 Silk Road are also expected to top the agenda during this year's Boao Forum.
The two initiatives, which include a network of railways, oil and gas pipelines9, as well as other infrastructure projects, are being championed by Chinese President Xi Jinping in a bid to boost regional connectivity.
The Presidents of Armenia, Austria, Indonesia, Nepal, Sri Lanka, Uganda and Zambia will attend the annual meeting.
Leading officials from other countries, including Malaysia, the Netherlands, Sweden and Russia, are also set to take part in the Boao Fourm.
The Boao Forum is an organization which hosts high-level discussions for leaders from government and business in Asia.
It was launched in 2001.
For CRI, I'm Qian Shanming.
点击收听单词发音
1 forum | |
n.论坛,讨论会 | |
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2 transformation | |
n.变化;改造;转变 | |
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3 transparent | |
adj.明显的,无疑的;透明的 | |
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4 diversify | |
v.(使)不同,(使)变得多样化 | |
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5 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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6 mechanisms | |
n.机械( mechanism的名词复数 );机械装置;[生物学] 机制;机械作用 | |
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7 ministry | |
n.(政府的)部;牧师 | |
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8 maritime | |
adj.海的,海事的,航海的,近海的,沿海的 | |
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9 pipelines | |
管道( pipeline的名词复数 ); 输油管道; 在考虑(或规划、准备) 中; 在酿中 | |
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