Conferees like Asia investment bank idea

China's proposal for a multilateral bank to develop infrastructure projects in Asia received a "positive response" as the country called for a group of projects to boost regional connectivity, a senior official said on Thursday.

"We are collecting feedback on the proposed Asia Infrastructure Investment Bank. We received a good response from many Asian countries," Zhang Xiangchen, China's assistant minister of commerce, told China Daily during the 5th International Infrastructure Investment and Construction Forum, which is being held in Macao from Thursday to Friday.

Zhang added that China will actively advance the establishment of the bank, which should have "a very big influence on regional connectivity as financing is the most prominent bottleneck in infrastructure development", he said.