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:
The Asian Development Bank (ADB) has been working with the People’s Republic of China (PRC) since 1986. The PRC remains the bank’s second-largest sovereign borrower and is a major contributor to ADB development finance and knowledge-sharing initiatives.
People enjoying the view of peach blossoms in Yuyuantan Park, Beijing
The PRC is now the second-largest economy globally and the country announced eradication of extreme poverty in November 2020. Rapid growth has, however, given rise to new concerns, including social inequality, environmental degradation and pollution, a rapidly aging society, and health. ADB has been partnering with the PRC to address these emerging development challenges and will continue to support the Government of the PRC’s agenda to achieve high-quality, green development under the country’s 14th Five-Year Plan.
Since 1986, ADB has committed sovereign loans totaling $39.2 billion and nonsovereign loans of $4.1 billion (excluding B loans) for ADB’s sovereign and nonsovereign operations will be promoted to help develop efficient and effective solutions to the PRC’s complex development issues, and to replicate and scale up these solutions for other ADB developing member countries.PEOPLE’S REPUBLIC OF CHINAthe PRC. Cumulative loan and grant disbursements to the PRC amount to $32.51 billion. These were financed by regular ordinary capital resources and other special funds.