The AIIB president said the bank will cooperate in various fields with any country in the world and that the institution has hired any expert meeting requirements regardless of nationality.

Since its launch, the multilateral financial institution approved 2.49 billion U.S. dollars to finance for 16 infrastructure projects in nine countries. Twelve of the projects were co-financed, and four were standalone projects prepared by the bank.

The AIIB has stressed the need for the co-financing with other multilateral development banks (MDBs), the private-sector capital mobilization and cooperation with countries invested by the AIIB.

Jin said the cooperative investment with other institutions will be more productive as infrastructure investment is a large-scale, long-term project requiring huge resources.

Placing an emphasis on the environmentally-friendly development, the president said the AIIB will help its members meet their determined contributions under the Paris Agreement, a global climate change deal.

Jin emphasized that all AIIB projects, whether already invested or in its pipeline, were of green development, saying the bank will make efforts to achieve a zero-carbon world in cooperation with all stakeholders and other institutions such as non-governmental organizations.

During the second annual meeting, participants discussed challenges facing the 18-month-old AIIB, said Joachim von Amsberg, the bank's vice president.

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