China-AIIB/President/Coronavirus

COVID-19 highlights importance of balancing physical, social infrastructure: AIIB President

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Shotlist


Beijing, China - Recent (CGTN - No access Chinese mainland)
1. Logo of Asian Infrastructure Investment Bank (AIIB)
2. Lobby of AIIB building
3. Flags in lobby

Beijing, China - Recent (CGTN - No access Chinese mainland)
4. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (ending with shots 5-12):
"We actually have come to understand the very important association between physical infrastructure and social infrastructure. Now, of course, even in developed countries, the capacity to deal with the COVID-19 cases seems to be a really tough. And even in the developed countries, the health care system seems to be bursting at its seams. But they still have the ability to deal with the emergency, right? But how about poor countries? So I think we now have reached a consensus that proper balance between physical infrastructure and social infrastructure is important. That would make actual investment in physical infrastructure even more productive."

FILE: Chicago, Illinois, USA - Nov 18, 2020 (CCTV - No access Chinese mainland)
5. Health care workers in full personal protective equipment (PPE)
6. Various of COVID-19 patient in hospital bed
7. Various of medical equipment, monitoring screen
8. Hospital hallway

FILE: Los Angeles, California, USA - Dec 2020 (CCTV - No access Chinese mainland)
9. Various of ambulances driving, parked at hospital entrance

Harare, Zimbabwe - Recent (CGTN - No access Chinese mainland)
10. Various of closed stores
11. Various of pedestrians
12. Locals sitting around tree
13. Medical staff talking to local resident

Beijing, China - Recent (CGTN - No access Chinese mainland)
14. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (ending with shots 15-16):
"Our support is mainly for the countries to deal with the COVID-19 pandemic. I think there still would be the need to support these countries, for instance, financing the vaccination of some of these low-income countries. We still have to allocate resources from the crisis recovery facility to support those countries who need to import vaccines."

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
15. Various of Sinopharm's COVID-19 vaccine production line
16. Various of lab workers preparing COVID-19 vaccines

Beijing, China - Recent (CGTN - No access Chinese mainland)
17. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (ending with shots 18-19):
"We are not diplomats, we are development practitioners. And it is very much important for us to support those countries who need financing, such as building up the basic health care systems to deal with the emergency of taking care of the people suffering from COVID-19."

Gauteng Province, South Africa - Jan 11, 2021 (CCTV - No access Chinese mainland)
18. Tents of makeshift treatment center
19. Patient on hospital bed
20. Medical worker tending patient
21. Tents

Beijing, China - Recent (CGTN - No access Chinese mainland)
22. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (AIIB) (ending with shot 23):
"It all depends on the effectiveness of safe and effective vaccines, and I'm optimistic. Probably sometime, maybe in the third quarter or fourth quarter of this year, the supply of vaccines would help a lot of countries to go back, relatively speaking, to normalcy."

FILE: Beijing, China - Exact Date Unknown (CCTV - No access Chinese mainland)
23. Various of AIIB building


Storyline


The Asian Infrastructure Investment Bank (AIIB) has reoriented its plan from focusing on purely physical infrastructure projects to investing more in social infrastructure, as the COVID-19 pandemic has revealed the importance of balancing the two, said AIIB president Jin Liqun.

Speaking in an interview with China Global Television Network (CGTN) aired Wendesday, Jin said that over the past year the AIIB has delivered 10 billion U.S. dollars' worth of emergency financing to help pandemic-hit countries get back on their feet.

"We actually have come to understand the very important association between physical infrastructure and social infrastructure. Now, of course, even in developed countries, the capacity to deal with the COVID-19 cases seems to be a really tough. And even in the developed countries, the health care system seems to be bursting at its seams. But they still have the ability to deal with the emergency, right? But how about poor countries? So I think we now have reached a consensus that proper balance between physical infrastructure and social infrastructure is important. That would make actual investment in physical infrastructure even more productive," said Jin.

Instead of investing solely in infrastructure this year, the AIIB used its resources to fund vaccinations for low-income nations, since they have no ability to develop their own vaccines, explained the AIIB president.

"Our support is mainly for the countries to deal with the COVID-19 pandemic. I think there still would be the need to support these countries, for instance, financing the vaccination of some of these low-income countries. We still have to allocate resources from the crisis recovery facility to support those countries who need to import vaccines," he said.

The AIIB on Wednesday announced a plan to fund developing countries' access to coronavirus vaccines this year. Jin explained that so-called "vaccine diplomacy" is not politics, but rather real work to protect people's lives.

"We are not diplomats; we are development practitioners. And it is very much important for us to support those countries who need financing, such as building up the basic health care systems to deal with the emergency of taking care of the people suffering from COVID-19," said Jin.

Looking ahead, Jin is optimistic that the bank will soon be able to turn to its mainstream business of infrastructure investment.

"It all depends on the effectiveness of safe and effective vaccines, and I'm optimistic. Probably sometime, maybe in the third quarter or fourth quarter of this year, the supply of vaccines would help a lot of countries to go back, relatively speaking, to normalcy," he said.

Headquartered in Beijing, the AIIB began operations in 2016 and has now grown to 103 approved members spanning six continents: Asia, Europe, Africa, North America, South America, and Oceania.


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  • ID : 8173525
  • Dateline : Recent/File
  • Location : China
  • Category : health
  • Duration : 2'53
  • Audio Language : English/Nats/Part Mute
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : No access Chinese mainland
  • Published : 2021-01-14 03:23
  • Last Modified : 2021-01-14 21:15:06
  • Version : 1
  • ID : 8173525
  • Dateline : Récent/ARCHIVES
  • Location : Chine
  • Category : health
  • Duration : 2'53
  • Audio Language : Anglais/Nats/Partiellement muet
  • Source : China Central Television (CCTV),China Global Television Network (CGTN)
  • Restrictions : Pas d’accès dans la partie continentale de Chine
  • Published : 2021-01-14 16:09
  • Last Modified : 2021-01-14 21:15:06
  • Version : 1
  • ID : 8173525
  • Dateline : Недавнее/Архив
  • Location : Китай
  • Category : health
  • Duration : 2'53
  • Audio Language : Английский/Естественный звук/Частично немое
  • Source : China Global Television Network (CGTN)
  • Restrictions : Недоступно материковой части Китая
  • Published : 2021-01-14 18:24
  • Last Modified : 2021-01-14 21:15:06
  • Version : 1
  • ID : 8173525
  • Dateline : Reciente/Archivo
  • Location : China
  • Category : health
  • Duration : 2'53
  • Audio Language : Inglés/Nats/Parte Muda
  • Source : China Central Television (CCTV)
  • Restrictions : No acceso a la parte continental de China
  • Published : 2021-01-14 15:28
  • Last Modified : 2021-01-14 21:15:06
  • Version : 1

China-AIIB/President/Coronavirus

COVID-19 highlights importance of balancing physical, social infrastructure: AIIB President

Dateline : Recent/File

Location : China

Duration : 2'53

  • English
  • Français
  • Pусский
  • Español


Beijing, China - Recent (CGTN - No access Chinese mainland)
1. Logo of Asian Infrastructure Investment Bank (AIIB)
2. Lobby of AIIB building
3. Flags in lobby

Beijing, China - Recent (CGTN - No access Chinese mainland)
4. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (ending with shots 5-12):
"We actually have come to understand the very important association between physical infrastructure and social infrastructure. Now, of course, even in developed countries, the capacity to deal with the COVID-19 cases seems to be a really tough. And even in the developed countries, the health care system seems to be bursting at its seams. But they still have the ability to deal with the emergency, right? But how about poor countries? So I think we now have reached a consensus that proper balance between physical infrastructure and social infrastructure is important. That would make actual investment in physical infrastructure even more productive."

FILE: Chicago, Illinois, USA - Nov 18, 2020 (CCTV - No access Chinese mainland)
5. Health care workers in full personal protective equipment (PPE)
6. Various of COVID-19 patient in hospital bed
7. Various of medical equipment, monitoring screen
8. Hospital hallway

FILE: Los Angeles, California, USA - Dec 2020 (CCTV - No access Chinese mainland)
9. Various of ambulances driving, parked at hospital entrance

Harare, Zimbabwe - Recent (CGTN - No access Chinese mainland)
10. Various of closed stores
11. Various of pedestrians
12. Locals sitting around tree
13. Medical staff talking to local resident

Beijing, China - Recent (CGTN - No access Chinese mainland)
14. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (ending with shots 15-16):
"Our support is mainly for the countries to deal with the COVID-19 pandemic. I think there still would be the need to support these countries, for instance, financing the vaccination of some of these low-income countries. We still have to allocate resources from the crisis recovery facility to support those countries who need to import vaccines."

FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
15. Various of Sinopharm's COVID-19 vaccine production line
16. Various of lab workers preparing COVID-19 vaccines

Beijing, China - Recent (CGTN - No access Chinese mainland)
17. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (ending with shots 18-19):
"We are not diplomats, we are development practitioners. And it is very much important for us to support those countries who need financing, such as building up the basic health care systems to deal with the emergency of taking care of the people suffering from COVID-19."

Gauteng Province, South Africa - Jan 11, 2021 (CCTV - No access Chinese mainland)
18. Tents of makeshift treatment center
19. Patient on hospital bed
20. Medical worker tending patient
21. Tents

Beijing, China - Recent (CGTN - No access Chinese mainland)
22. SOUNDBITE (English) Jin Liqun, president, Asian Infrastructure Investment Bank (AIIB) (ending with shot 23):
"It all depends on the effectiveness of safe and effective vaccines, and I'm optimistic. Probably sometime, maybe in the third quarter or fourth quarter of this year, the supply of vaccines would help a lot of countries to go back, relatively speaking, to normalcy."

FILE: Beijing, China - Exact Date Unknown (CCTV - No access Chinese mainland)
23. Various of AIIB building



The Asian Infrastructure Investment Bank (AIIB) has reoriented its plan from focusing on purely physical infrastructure projects to investing more in social infrastructure, as the COVID-19 pandemic has revealed the importance of balancing the two, said AIIB president Jin Liqun.

Speaking in an interview with China Global Television Network (CGTN) aired Wendesday, Jin said that over the past year the AIIB has delivered 10 billion U.S. dollars' worth of emergency financing to help pandemic-hit countries get back on their feet.

"We actually have come to understand the very important association between physical infrastructure and social infrastructure. Now, of course, even in developed countries, the capacity to deal with the COVID-19 cases seems to be a really tough. And even in the developed countries, the health care system seems to be bursting at its seams. But they still have the ability to deal with the emergency, right? But how about poor countries? So I think we now have reached a consensus that proper balance between physical infrastructure and social infrastructure is important. That would make actual investment in physical infrastructure even more productive," said Jin.

Instead of investing solely in infrastructure this year, the AIIB used its resources to fund vaccinations for low-income nations, since they have no ability to develop their own vaccines, explained the AIIB president.

"Our support is mainly for the countries to deal with the COVID-19 pandemic. I think there still would be the need to support these countries, for instance, financing the vaccination of some of these low-income countries. We still have to allocate resources from the crisis recovery facility to support those countries who need to import vaccines," he said.

The AIIB on Wednesday announced a plan to fund developing countries' access to coronavirus vaccines this year. Jin explained that so-called "vaccine diplomacy" is not politics, but rather real work to protect people's lives.

"We are not diplomats; we are development practitioners. And it is very much important for us to support those countries who need financing, such as building up the basic health care systems to deal with the emergency of taking care of the people suffering from COVID-19," said Jin.

Looking ahead, Jin is optimistic that the bank will soon be able to turn to its mainstream business of infrastructure investment.

"It all depends on the effectiveness of safe and effective vaccines, and I'm optimistic. Probably sometime, maybe in the third quarter or fourth quarter of this year, the supply of vaccines would help a lot of countries to go back, relatively speaking, to normalcy," he said.

Headquartered in Beijing, the AIIB began operations in 2016 and has now grown to 103 approved members spanning six continents: Asia, Europe, Africa, North America, South America, and Oceania.


ID : 8173525

Published : 2021-01-14 03:23

Last Modified : 2021-01-14 21:15:06

Source : China Central Television (CCTV),China Global Television Network (CGTN)

Restrictions : No access Chinese mainland

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