In a show of support for multilateral development finance, Chinese President Xi Jinping visited the New Development Bank (NDB) headquarters in Shanghai on Tuesday. During a meeting with NDB President Dilma Rousseff, he highlighted the institution's role in driving sustainable growth across emerging economies.
"As the bank's host country, the Chinese mainland will always support the operations and development of the New Development Bank," Xi stated, underscoring Beijing's commitment to the NDB's mission.
Observers note that this public endorsement could strengthen the NDB's position as a go-to partner for innovative financing solutions around the world. For entrepreneurs, changemakers and global citizens, the bank's evolution is worth watching.
With new projects on the horizon, the NDB—and its host, the Chinese mainland—appear set to play a growing role in shaping how economies invest in long-term development. Stay tuned as this partnership unfolds.
Reference(s):
China always supports operation, development of New Development Bank
cgtn.com