The 5th Chief Negotiators' Meeting on establishing the Asian Infrastructure Investment Bank (AIIB) concluded on Friday with agreement on the Articles of Agreement (AOA) and decision on signing the AOA at the end of June in Beijing. 

Shi Yaobin, vice-minister of the Chinese Ministry of Finance and permanent chair of the Chief Negotiators' Meeting, told Xinhua after the meeting that the AOA have been finalized after discussion by chief negotiators of 57 founding members. "The planned authorized capital of AIIB is $100 billion, which will be allocated upon data of GDP for Asian countries. As for countries outside the region, GDP is also an important criterion for allocation," Shi said.