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People's Republic of China (PRC) and ADB

ADB has moved from an infrastructure-based support model for the PRC to one that will improve the quality of economic growth by underlining environmental protection and social sector development.

People's Republic of China: Activities

  • 7 July 2019 ADB supports healthcare improvement through leasing in the People's Republic of China

    Far East Horizon Executive Director Wang Mingzhi, and ADB Private Sector Operations Department's Infrastructure Finance Division Director Christine Engstrom signed a $150 million loan agreement on 7 July 2019 in Shanghai to improve the health service delivery to rural population in the People's Republic of China. The loan will provide a lease financing to public hospitals in 12 of the least developed provinces in the country.

  • 5 November 2018 VP Susantono and People's Republic of China Vice Minister Zhao discuss development challenges

    VP Bambang Susantono and Vice Minister Zhao Huiling, Central Discipline Commissioner of the Ministry of Finance in the People's Republic of China (PRC) met on 5 November 2018 at ADB headquarters in Manila. The VP and Vice Minister discussed development challenges in the PRC and the region and the successful partnership between ADB and the PRC. See photo

  • 29 August 2018 President Nakao signs MOU on rural vitalization strategy with the People’s Republic of China

    ADB President Takehiko Nakao on 29 August 2018 discussed a wide range of People’s Republic of China (PRC) development challenges and ADB’s support with Minister of Finance and ADB Governor Liu Kun, and Chair of the National Development and Reform Commission He Lifeng. He also signed a memorandum of understanding on the People’s Republic of China’s rural vitalization strategy. His two-day visit to Beijing, which started on 28 August 2018, included a meeting with Governor of the People's Bank of China Yi Gang to discuss the country's macroeconomic situation, monetary and fiscal policies, and financial regulations. President Nakao also held discussions with renowned Chinese economists and young entrepreneurs associated with an incubator program at Peking University.

  • 5 July 2018 ADB's Office of Anticorruption and Integrity conducts integrity and respect refresher sessions in People's Republic of China

    ADB's Office of Anticorruption and Integrity (OAI) on 27 June 2018 conducted awareness sessions for staff of the People’s Republic of China Resident Mission, discussing their responsibilities to maintain a respectful workplace and uphold ADB's integrity principles.

  • 25 March 2018 ADB President Highlights Inequality, Climate Change, and Aging as Three Key Challenges for China’s New Era

    ADB President Takehiko Nakao addressed the China Development Forum (CDF), which opened on 25 March in Beijing. Mr. Nakao met Premier Li Keqiang along with other participants of the CDF. He also participated in a roundtable with Vice Premier Liu He. During his visit, Mr. Nakao also met with Mr. Liu Kun, PRC’s new Finance Minister and ADB Governor. See news release

  • 25 March 2018 China’s Achievements over the Past 40 Years and Challenges in the New Era– Takehiko Nakao

    Speech by President Takehiko Nakao at the China Development Forum 2018 (China’s Achievements over the Past 40 Years and Challenges in the New Ear) on 25 March 2018 in Beijing, People's Republic of China. See full speech.

  • 22 March 2018 ADB signs Landmark Project with Icelandic, Chinese Venture to Promote Zero-Emissions Heating

    ADB signed facilities of a total of $250 million in loans to Arctic Green Energy Corporation (AGE) and Sinopec Green Energy Geothermal Company Limited (SGE) to expand environmentally sustainable district heating services in PRC. See news release.

  • 21 March 2018 ADB’s Second Project Implementation Management Executive Seminar Conducted in Shanghai

    Yao Yixin, Director from PRC’s Ministry of Finance, and Jia Xinning, Deputy County Director of PRCM opened the three-day seminar held on 21-23 March. The second seminar among a series of executive training program discussed practical solutions for common issues encountered in project implementation. Thirty executives from seven projects attended the tailor-made training program.

  • 7 March 2018 ADB, Kingenta Partner to Promote Modern Agricultural Services in the PRC

    ADB signed a total of $80 million in assistance to subsidiaries of Kingenta Ecological Engineering Group (Kingenta), a leading compound and specialty fertilizer producer and supplier in PRC, to help promote environmentally sustainable and innovative agricultural services in the country, improving crop productivity and increasing farmers’ income and livelihoods. See news release.

  • 2 March 2018 ADB, China Water Affairs Sign Deal to Improve Urban Water Management in PRC

    ADB signed a loan equivalent of up to $200 million to help China Water Affairs Group Limited (CWA) improve wastewater management and increase people’s access to clean and reliable water supply in PRC. See news release.

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