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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.
SEATTLE, United States, Sept. 22 (Xinhua) -- Chinese President Xi Jinping arrived in this east Pacific coast city on Tuesday morning for his first state visit to the United States.
Shu's works have frequently featured at international events. At the 2010 Shanghai Expo, Shu presented "China Kung Fu", a huge square of 50 Bruce Lee-shaped red sculptures, each kicking a model of a world-famous landmark building, such as the Forbidden City, Eiffel Tower, and the British Museum.
Stepping up local-level cooperation and people-to-people exchanges has also been high on the agenda.
The British newspaper Daily Telegraph has published an article on its website entitled "Hinkley is not kowtowing to China -- this is a two way street," referring the participation of Chinese companies in building of a nuclear power plant at Hinkley Point in southwestern England.
来源：资阳报