China's accession to the Inter-American Development Bank Group

China's accession to the Inter-American Development Bank Group, the signing ceremony on the 12th in Washington, DC Inter-American Development Bank Headquarters. This makes China officially became the Inter-American Development Bank Group under the Inter-American Development Bank, the Inter-American Investment Corporation and the Multilateral Investment Fund of the Member States.

Chinese Ambassador Zhou Wenzhong, attended the signing ceremony, and on behalf of the Chinese Government signed the deposit of the relevant legal documents. Moreno-American Development Bank, the Organization of American States Secretary-General Insulza and a total of more than 200 guests attended the signing ceremony.

Zhou Wenzhong said the signing ceremony, after years of efforts, China has finally officially became the Inter-American Development Bank Group member countries, of great significance. China's accession to the Inter-American Development Bank in line with the interests of all parties will strengthen cooperation between China and Latin America to provide a new platform and opportunities, China and Latin America is mutually beneficial and win-win option. China formally joined the Inter-American Development Bank Group will be followed by member states to fulfill obligations, and the region and beyond Member States to strengthen policy coordination and cooperation, active participation in the Inter-American Development Bank affairs, to promote the two sides in trade financing and infrastructure construction of common concern The cooperation in the field, and jointly promote the Latin American and Caribbean region, poverty reduction and economic and social development.

Moreno on China's accession to the Inter-American Development Bank Group, said. He said that China is an important Latin American investment and trade partners, especially in the current context of financial crisis, China's accession to the Inter-American Development Bank Group to promote Latin America and the Caribbean poverty reduction and development cause a more significant meaning.

Inter-American Development Bank Group, founded in 1959, is headquartered in the U.S. capital of Washington, is the world's oldest and largest regional intergovernmental development finance institutions, and its purpose is to promote Latin America and the Caribbean economic and social development. China is the Group's 48th member, People's Bank of China Governor Zhou Xiaochuan and Deputy Governor Hu Xiaolian, respectively, as the Inter-American Development Bank and the Inter-American Investment Corporation director and deputy director of China.