AIIB to be run with highest standards of '21st century governance'

The AIIB will enjoy a "first-class top management" as the bank will have universal recruitment and universal procurement, a new feature of AIIB compared to the existing multilateral development banks and the fundamental guarantee for its success, said Jin.

"We do not reject any nationals even if their countries are not members. We do not reject professionals from the highest caliber just because their passports. We do not reject any companies to help develop infrastructure just because their countries are not members," said Jin.

Talking about the relationship between the AIIB and the World Bank, the Asian Development Bank and other existing multilateral development banks, Jin said the AIIB is not a rival to them and is cooperating with them very smoothly at present.

"Hopefully the AIIB will also be a boost to the reform process in those institutions," he added.

Jin also said the AIIB is not created exclusively for the Belt and Road Initiative, but a bank to cover all the developing countries in Asia.

"Of course some countries in the 'One Belt and One Road' area are members, we certainly should help them, but we will not neglect those countries which are not part of it," he said.

The professional teams in the AIIB are preparing for the first batch of projects which might be launched in the second quarter of 2016, Jin said.