This report assesses ADB’s direct equity investment in the Bank of China. This support was in response to the government’s plan to liberalize the finance sector and to support banking sector reforms in the People’s Republic of China. ADB’s direct participation would also provide an opportunity for Bank of China to undertake transparent privatization process, introduce sound corporate governance and best practices, and strengthen internal controls.

Validates the completion report’s assessment of the project, which was envisioned to directly benefit about 204,900 households in West Henan by increasing the incomes of predominantly poor farmers through job creation in pig breeding and water supply. IED overall assessment: Successful

Validates the extended annual review report’s assessment of the project which aims to support the investment plan of China Gas Holdings to fund a series of new natural gas distribution infrastructure projects in municipalities across the People’s Republic of China. The Independent Evaluation Department downgrades the project’s overall assessment rating to successful.

Validates the completion report’s assessment of the project which aims to remove transport barriers and promote sustainable development and provision of better access to markets, jobs, and activity centers, and integration of transport services in Guangxi Zhuang Autonomous Region in People’s Republic of China. IED overall assessment: Successful