ADB's country partnership strategy (CPS), 2011-2015, for the People's Republic of China (PRC) focuses on innovative projects where ADB can play a catalytic role in addressing poverty, rising income inequality, and widening regional disparities, and in promoting a less carbon-intensive economy.
The CPS, 2011-2015, is closely aligned with priorities of the PRC's 12th Five-Year Plan covering 2011-2015, particularly efforts to move the country to a greener and more inclusive development path. The strategy also reflects the PRC's changing role as a rapidly growing middle-income country, with growing emphasis on knowledge sharing to promote South-South cooperation.
The CPS is built on the three pillars of ADB's long-term strategic framework, Strategy 2020: inclusive growth; environmentally sustainable growth; and regional cooperation and integration. The CPS also focuses on natural resources and agriculture; energy; transport; and urban development, with lending and technical assistance centered on new technology, green or social development, and enhanced synergies with regional cooperation and integration programs. Aside from direct financing, ADB continues to support microfinance, small and medium-sized enterprise finance, green finance, and municipal finance.
In 2011–2015, more than 90% of ADB's programmed lending operations will focus on the less-developed interior regions to support inclusive development. ADB will strengthen technical and vocational education and training by helping to boost enrollment at post-secondary vocational schools to 13.9 million by 2015, up from 12.8 million in 2009.