AIIB is an intergovernmental organization. AIIB, the abbreviation of Asian Infrastructure Investment Bank, is an intergovernmental multilateral development institution in Asia, focusing on supporting infrastructure construction. Its purpose is to promote the process of interconnection and economic integration in Asia and strengthen the cooperation between China and other Asian countries and regions. AIIB is the first multilateral financial institution initiated by China, headquartered in Beijing, with a legal capital of10 billion USD. 20 15 On February 25th, the Asian Infrastructure Investment Bank was formally established. AIIB has 104 member countries, including China, India and New Zealand, with 2 1 initial intentions.