The newly-agreed upon Asian Infrastructure Investment Bank is topping the agenda at the latest Boao Forum for Asia conference taking place in Dubai.
Jin Liqun heads the Working Group for the Establishment of the AIIB.
"AIIB is dedicated to help Asia grow, to grow with quality, to grow with equity, and to grow with harmony, harmony with your fellow citizens and our neighboring countries. China will be the biggest shareholder in this institution based on its GDP. China would assume its leadership. Leadership is responsibility, obligation, not privilege."
China is set to be its largest shareholder in the investment bank, with a 50 billion US dollar contribution.
This is half of the initial investment