AIIB to host 10th annual meeting in Beijing

The Asian Infrastructure Investment Bank (AIIB) will convene its 10th Annual Meeting of the Board of Governors in Beijing from June 24 to 26, with over 3,500 participants from nearly 100 countries and regions expected to attend, Vice President and Corporate Secretary Ludger Schuknecht announced at a recent media briefing.

Founded in 2016, the Beijing-headquartered multilateral development bank has expanded from 57 to 110 members - representing 81% of the world's population and 65% of global GDP - while maintaining highest credit ratings from three major rating institutions.

The bank has approved $60 billion in financing across 318 projects, mobilizing over $200 billion in infrastructure investments.

Apart from launching a series of events to celebrate a decade of impact, the meeting will convene members, partners, business leaders, and international organizations, as well as global experts from a variety of fields, to engage in discussions, collaborations, and forward-looking dialogue.

With the theme of "Connecting for Development, Collaborating for Prosperity," the event will address topics including interconnectivity and regional collaboration, green financing, private capital mobilization, digital transformation, and partnership building in its 17 public forums.