AIIB to be headquartered in Beijing: official   

(ECNS) - The China-led Asian Infrastructure Investment Bank (AIIB) will be headquartered in Beijing, Shi Yaobin, China's Vice Minister of Finance, said in a statement published Wednesday on the Finance Ministry's website.

Shi said that relevant parties have reached a consensus, according to a memorandum of understanding signed last October on the setting-up of the AIIB.

As to whether the AIIB will establish regional centers in other countries and the placement of its future senior executives, Shi said that relevant parties will hold consultations on these and other issues regarding the bank's operations in the future.

Britain, France, Germany, Italy, Luxembourg and Switzerland have officially applied to join the AIIB.

All countries interested in the AIIB are welcomed to join, Shi said.

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