People's Republic of China and ADB
In the Spotlight
ADB and the Bartlett School of Planning, University College, United Kingdom have developed a guide to improving public transport interchanges, highlighting some of the best practice in railway interchange design and operation in the People's Republic of China, alongside some examples found in other countries.
Government ministers and senior officials attending the Greater Mekong Subregion (GMS) Seventh Economic Corridors Forum agreed on measures to promote the development of economic corridors, facilitate cross-border transport and trade, and enhance cooperation and private sector participation.
In the Sanjiang Plain, People's Republic of China, ADB has helped to restore thousands of hectares of wetlands while protecting and improving the livelihoods of farmers.
Growth in the People’s Republic of China (PRC) will continue its moderate deceleration in 2015 and 2016 as the government targets lower growth and continues its program of structural reforms, says a new ADB report.
Pollution issues, including air quality, have been an important aspect of the partnership between ADB and the People's Republic of China. (Photo: Lei Kan/ADB)
ADB is restoring degraded lands and boosting livelihood in the western region of the People’s Republic of China, through the administration of a $5.25 million grant from the Global Environment Facility.
Following 3 decades of exceptional economic growth, the People’s Republic of China (PRC) is now regarded as an upper middle-income country.
The PRC will focus on improving quality and efficiency, and give even greater priority to shifting the growth model and adjusting the structure of development. Development challenges include promoting economic development, protecting the environment, tackling regional disparity, and allowing the market to determine resource allocation. The PRC is aiming to, among others, deepen its public finance reform, improve the financial market, promote state-owned enterprises reform, and encourage greater private sector participation.
With a focus on innovation and value addition, ADB has combined its support for infrastructure with areas such as technical and vocational education and training, provision of municipal services, and environmental improvement.
1,367.82(2014) Population in millions
0.5%(2009-2014) Average annual population growth rate
8.5%(2013) Population living below the national poverty line (Differs from standard definition; or refers to only part of the country)