The People’s Republic of China Poverty Reduction and Regional Cooperation Fund
Infographic | 11 September 2020
- The People’s Republic of China Poverty Reduction and Regional Cooperation Fund was established in March 2005 to support poverty reduction, regional cooperation, and knowledge sharing among ADB's developing members in Asia and the Pacific.
- The PRC Fund has supported 121 applications in ADB's developing members over the past 15 years.
- The People’s Republic China has earmarked $10 million in the PRC Fund to help address COVID-19 challenges in ADB's developing members.
Over the past 15 years, the PRC Fund has supported 121 applications in ADB developing members and achieved good results, and will continue to promote common prosperity and shared development by supporting poverty reduction, knowledge sharing, and regional cooperation and integration.