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I know that this agreement has drawn on the practices of existing multilateral development banks in many ways. It has also made some breakthroughs and explored new ways of operation. For example, in terms of governance structure, AIIB has, with reference to the common practice of multilateral development banks, set up a three-tiered structure, consisting of a board of governors, a board of directors and a management team. It has also put in place an oversight mechanism in line with the principle of transparency, openness, independence and accountability. It is specified in the agreement that the management team will be selected through an open, transparent and merit-based process. This is a new principle not included in the constitution of existing major multilateral development banks. Another example is that the AIIB places no restriction on the procurement of goods and services from any country, and again this is not the case in the other regional multilateral development banks.
The CPC and the Chinese government would, as always, support the DPRK in seeking a development path compatible with its own national conditions, added Liu.
As an international financial hub, Britain has a lot to share with China. Meanwhile, the City of London has sought to become a key Western hub for Chinese-yuan trade since 2012, offering the country an additional edge in AIIB participation.
Several forums and roundtable talks will be held during the two-day summit, discussing city carbon reduction, renewable energy, environmental friendly business and other related topics.
Islam pointed out that both Britain and the European Union (EU) are perceived to need more trade and investment synergy with China, considering its status as a very important global economic player.
来源：资阳报