Asian Development Bank and People's Republic of China: Fact Sheet
The ADB program in the People’s Republic of China has provided loans, grants and technical assistance to improve the country’s economy and the lives of people, particularly the poor, women, children and other vulnerable groups.
The 30-year partnership between ADB and the People’s Republic of China includes loans, grants, and technical assistance totaling $34.15 billion, as well as knowledge support.
Following 3 decades of rapid economic growth, the PRC is now an upper-middle-income country. The country is transforming to a new growth model that emphasizes quality and sustainability, supported by innovation. Addressing the climate change-related concerns is also recognized as high priority.
Besides traditional project loans, ADB will use other lending modalities to address the PRC’s reform needs, including results-based and policy-based lending. ADB will also actively support public–private partnerships, and will ensure that pilot and demonstration projects supported by ADB loans will achieve greater development impact.
Updated yearly, this ADB Fact Sheet provides social and economic indicators on the People’s Republic of China as well as concise information on ADB's operations in the country and contact information.