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China was admitted to the European Bank for reconstruction and development of non-borrowing countries

on December 14, 2015, the European Bank for reconstruction and Development Council adopted a resolution accepting China's entry into the Bank. In the performance of the domestic legal program, China will officially become a member. The European Bank for reconstruction and development was established in 1991 and headquartered in London, England, is one of Europe's most important development financial institutions.

China's accession to the European Bank for reconstruction and development will help promote "along the way" initiatives and investments planned docking in Europe, for China with the Bank in Central and Eastern Europe, Eastern Mediterranean East and South and Central Asia and other regions to provide wide space for investment and cooperation in various forms. China in line with the interests of all parties, is a win-win choice. After China became a member, will perform the members, actively participate in the Bank's Affairs, and strengthen cooperation with the Bank and other members of the experience sharing, joint cooperation in areas such as finance and development assistance.

Annex: China's accession to the European Bank for reconstruction and development questions and answers related to

1, the European Bank for reconstruction and development is a what?

the European Bank for reconstruction and development (European Bank for Reconstruction and Development) is a multilateral development institution, in France was established in 1991 under former President Francois Mitterrand proposed, based in London, England. The original intention was established to help Central and Eastern European countries to achieve economic transition, the business scope has covered Eastern Europe and the Eastern Mediterranean regions such as East and South and Central Asia, for economic transition and development in these areas to provide financing support.

2, how many members in the European Bank for reconstruction and development, divided into several categories?

in China prior to accession, European Bank for reconstruction and development, a total of 66 members, including 64 members of the Member States and the European Union, the European Investment Bank, 2 bodies. Member States, the European Bank for reconstruction and development States borrowing member countries to operate within its territory, a total of 36, does not conduct business in the territory of the country as a non-borrowing member countries, a total of 28. European countries accounted for the majority of non-borrowing member countries, including the United Kingdom, and France, and Germany, and Italy and Spain and other countries, non-European countries including the United States, and Japan, and Canada, and Korea and Australia, and so on.

3, the European Bank for reconstruction and development in which business?

the European Bank for reconstruction and development loans, equity investments, credit guarantee and investment business, and concentrate their research on countries and transition economies in the region regularly publish relevant reports, provide technical assistance and development consulting. As with other multilateral development institutions, the European Bank for reconstruction and development does not take deposits, absence of personal banking, the main operating funds from international capital markets.

 

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