AIIB to fund emergency public health infrastructure in China

Source:Xinhua Published: 2020/2/10 14:06:35


Aerial photo taken on Feb. 2, 2020 shows the Huoshenshan (Fire God Mountain) Hospital in Wuhan, central China's Hubei Province. China has built a makeshift hospital in 10 days to battle against the novel strain of coronavirus in Wuhan, the epicenter of the virus outbreak in central China's Hubei Province. (Xinhua/Xiao Yijiu


 
The Asian Infrastructure Investment Bank (AIIB) said Monday it stands ready to support China through public health infrastructure loans to meet the country's immediate and longer-term public health needs.

It has been in active discussions with Chinese authorities to strengthen the emergency public health infrastructure, the bank said in a statement on its website.

"With the full impacts of the novel coronavirus epidemic still unknown, we want to do our part as residents of China to help stop its spread," said AIIB President Jin Liqun.

The bank will work with the Chinese government to identify effective investments in public health infrastructure.

AIIB also looks forward to working with other multilateral development banks, private partners and others to join hands in bolstering China and other members' ability to respond to and deal with epidemics and other public health emergencies, he said.

These types of investments will not only improve the health of Chinese citizens but can have a global impact in terms of prevention and education, according to Jin.

AIIB is a multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region.

Posted in: ECONOMY

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