48009-001: Study of Financial Reform in Rural Areas of the Central Plains Economic Zone | Asian Development Bank

China, People's Republic of: Study of Financial Reform in Rural Areas of the Central Plains Economic Zone

Sovereign (Public) Project | 48009-001 Status: Closed

ADB has previously supported building an inclusive, market-oriented, rural finance system and strenthening financial supervision in rural finance. The TA is a continuation of ADB's support for the rural finance development in the People's Republic of China and for the balanced growth in agricultural areas of the Henan province. The TA will provide further assistance for the Henan provincial government in promoting development of effective and sustainable rural financial system in agricultural areas of the Central Plains Economic Zone.

Project Details

Project Officer
Kim, Ahyoung East Asia Department Request for information
Country
  • China, People's Republic of
Modality
  • Technical Assistance
Sector
  • Finance
 
Project Name Study of Financial Reform in Rural Areas of the Central Plains Economic Zone
Project Number 48009-001
Country China, People's Republic of
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8722-PRC: Study of Financial Reform in Rural Areas of the Central Plains Economic Zone
Technical Assistance Special Fund US$ 400,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance / Finance sector development

Gender Equity and Mainstreaming No gender elements
Description ADB has previously supported building an inclusive, market-oriented, rural finance system and strenthening financial supervision in rural finance. The TA is a continuation of ADB's support for the rural finance development in the People's Republic of China and for the balanced growth in agricultural areas of the Henan province. The TA will provide further assistance for the Henan provincial government in promoting development of effective and sustainable rural financial system in agricultural areas of the Central Plains Economic Zone.
Project Rationale and Linkage to Country/Regional Strategy
Impact More effective and sustainable rural financial services provided in the CPEZ
Project Outcome
Description of Outcome Improved policy with actionable road map for the establishment of rural financial system in the CPEZ
Progress Toward Outcome Policy recommendations on selected rural finance topics presented to the provincial government in 2016.
Implementation Progress
Description of Project Outputs

1. Comprehensive report on rural financial system in the CPEZ completed.

2. Policy recommendation and roadmap on financial reform in rural areas of the CPEZ formulated and presented

Status of Implementation Progress (Outputs, Activities, and Issues) The international consultant and four national consultants have been engaged. An inception mission was fielded in May 2015. Desk survey on local context and field survey over supply and demand side on rural financial services completed in 2015. Midterm workshop organized in November 2015 to present the pressing issues and remaining study plans. Final workshop was organized in June 2016 to present draft policy recommendations on selected rural finance topics to the EA and IA.
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation The EA, IA and other stakeholders including local government offices and financial institutions have been consulted and communicated closely by ADB and consultant team.
Business Opportunities
Consulting Services One international consultant for 4 person-months and four national consultants for 18 person-months will be engaged in accordance with ADB's Guidelines on the Use of Consultants (March 2013, as amended from time to time), and proceeds will be disbursed in accordance with ADB's Technical Assistance Disbursement Handbook (2010, as amended from time to time).
Responsible ADB Officer Kim, Ahyoung
Responsible ADB Department East Asia Department
Responsible ADB Division Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies
Finance Department Henan Province
25 Jingsan Road
Jinshui District, Zhengzhou
China, 450008
Timetable
Concept Clearance 24 Jul 2014
Fact Finding 26 May 2014 to 27 May 2014
MRM -
Approval 18 Sep 2014
Last Review Mission -
Last PDS Update 27 Sep 2016

TA 8722-PRC

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
18 Sep 2014 17 Oct 2014 17 Oct 2014 30 Jun 2016 30 Sep 2016 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
400,000.00 0.00 100,000.00 0.00 0.00 0.00 500,000.00 18 Sep 2014 206,819.28

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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Procurement Plan

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