Bank to build in­fra­struc­ture net­work to con­nect Asia

China Daily (Canada) - - CHINA - By GAO YUAN gaoyuan@chi­nadaily.com.cn

Dig­i­tal silk road co­op­er­a­tion on in­for­ma­tion in­fra­struc­ture co­op­er­a­tion

In­ter­na­tional heavy­weights at the fo­rum dis­cussed ways of help­ing less-de­vel­oped economies build a mod­ern In­ter­net net­work.

The Asian In­fra­struc­ture In­vest­ment Bank said it will in­vest heav­ily in in­for­ma­tion tech­nol­ogy in­fra­struc­ture projects that help make Asia an in­ter­con­nected re­gion.

JinLiqun, pres­i­dent-des­ig­nate of AIIB, said the lender will sup­port an In­ter­net gov­er­nance sys­tem that is multi­na­tional, demo­cratic and trans­par­ent.

Zhao Houlin, sec­re­tary-gen­eral of the In­ter­na­tional Telecom­mu­ni­ca­tion Union, said low In­ter­net pen­e­tra­tion rate in de­vel­op­ing economies is widen­ing the dig­i­tal di­vide with de­vel­oped coun­tries.

ITU aims to have 55 per­cent of house­holds world­wide con­nected to the In­ter­net by 2020.

Chi­nese tech gi­ants also con­trib­uted ideas on­howto set up an in­ex­pen­sive and ef­fi­cient in­fra­struc­ture in less-de­vel­oped ar­eas.

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