ADB's Work in the People's Republic of China
Shareholding and Voting Power
Number of shares held:
684,000 (6.429% of total shares)
723,114 (5.437% of total membership, 8.349% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
ADB has been working with the People’s Republic of China (PRC) since 1986.
In 2019, the country celebrated its 70th anniversary as a people’s republic. It is now the second-largest economy globally and is fast approaching the ambitious goal of eliminating extreme poverty in 2020.
People enjoying the view of peach blossoms in Yuyuantan Park, Beijing
The PRC does, however, continue to face many development challenges such as promoting industrial transformation, mitigating environmental pollution and climate change, and dealing with population aging. ADB has been partnering with the PRC to address these challenges, in line with the country’s 13th Five-Year Plan (2016–2020). The PRC remains the bank’s second-largest sovereign borrower and is a major contributor to ADB development finance and knowledge-sharing initiatives.
Since 1986, ADB has committed sovereign loans totaling $37.15 billion and nonsovereign loans of $3.73 billion (excluding B loans) for the PRC. Cumulative loan and grant disbursements to the PRC amount to $31 billion. These were financed by regular ordinary capital resources and other special funds.