Denmark Signs AIIB Agreement
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Denmark has signed an agreement over the participation in the Asian Infrastructure Investment Bank. [File Photo: qq.com]

China and Denmark have signed an agreement over the latter's participation in the Asian Infrastructure Investment Bank in Beijing.

The China-initiated AIIB is a multilateral development institution tasked with financing infrastructure construction across Asia.

The 60-article agreement outlines the financial share of each member, policy making, business and operational systems, as well as governance structure.

After signing the agreement, all of the 57 members must get the green light from their legislatures by the end 2016, before becoming founding members of the bank.

Author： 　　　Source：CRI　　　 Editor：Yang Fan