HK capable of contributing to AIIB's success: Leung Chun-ying

HONG KONG — Hong Kong could make good use of its unique advantages and contribute to the success of the Asian Infrastructure Investment Bank (AIIB), Leung Chun-ying, chief executive of China's Hong Kong Special Administrative Region said Wednesday.

As the international financial center in Asia, Hong Kong could make good use of its unique advantages under "one country, two systems", its world-class talents and its extensive experience in handling large-scale projects in contributing to the success of the AIIB, Leung said during a meeting with AIIB President Jin Liqun.

AIIB announced last month that its board of governors had approved 13 applications to join the bank, including Hong Kong.

During the meeting held Wednesday afternoon, Leung thanked Jin for his enormous support for Hong Kong's participation in the AIIB, and the two exchanged views on issues of mutual interest.

Hong Kong would become a new member of AIIB once it confirms the acceptance of the bank's articles of agreement and deposits the first instalment of capital subscription with the bank, Leung said.