China, People's Republic of : Study of Financial Reform in Rural Areas of the Central Plains Economic Zone
ADB has previously supported building an inclusive, market-oriented, rural finance system and strenthening financial supervision in rural finance. The TA is a continuation of ADB's support for the rural finance development in the People's Republic of China and for the balanced growth in agricultural areas of the Henan province. The TA will provide further assistance for the Henan provincial government in promoting development of effective and sustainable rural financial system in agricultural areas of the Central Plains Economic Zone.
Project Details
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Project Officer
An, Bo
East Asia Department
Request for information -
Country/Economy
China, People's Republic of -
Modality
-
Sector
- Finance
| Project Name | Study of Financial Reform in Rural Areas of the Central Plains Economic Zone | ||||
| Project Number | 48009-001 | ||||
| Country / Economy | China, People's Republic of |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Strategic Agendas | Inclusive economic growth |
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| Drivers of Change | Governance and capacity development |
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| Sector / Subsector | Finance / Finance sector development |
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| Gender | No gender elements | ||||
| Description | ADB has previously supported building an inclusive, market-oriented, rural finance system and strenthening financial supervision in rural finance. The TA is a continuation of ADB's support for the rural finance development in the People's Republic of China and for the balanced growth in agricultural areas of the Henan province. The TA will provide further assistance for the Henan provincial government in promoting development of effective and sustainable rural financial system in agricultural areas of the Central Plains Economic Zone. | ||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | More effective and sustainable rural financial services provided in the CPEZ | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | Improved policy with actionable road map for the establishment of rural financial system in the CPEZ |
| Progress Toward Outcome | Policy recommendations on selected rural finance topics presented to the provincial government in 2016. |
| Implementation Progress | |
| Description of Project Outputs | 1. Comprehensive report on rural financial system in the CPEZ completed. 2. Policy recommendation and roadmap on financial reform in rural areas of the CPEZ formulated and presented |
| Status of Implementation Progress (Outputs, Activities, and Issues) | The international consultant and four national consultants have been engaged. An inception mission was fielded in May 2015. Desk survey on local context and field survey over supply and demand side on rural financial services completed in 2015. Midterm workshop organized in November 2015 to present the pressing issues and remaining study plans. Final workshop was organized in June 2016 to present draft policy recommendations on selected rural finance topics to the EA and IA. |
| Geographical Location | |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | The EA, IA and other stakeholders including local government offices and financial institutions have been consulted and communicated closely by ADB and consultant team. |
| Business Opportunities | |
|---|---|
| Consulting Services | One international consultant for 4 person-months and four national consultants for 18 person-months will be engaged in accordance with ADB's Guidelines on the Use of Consultants (March 2013, as amended from time to time), and proceeds will be disbursed in accordance with ADB's Technical Assistance Disbursement Handbook (2010, as amended from time to time). |
| Responsible ADB Officer | An, Bo |
| Responsible ADB Department | East Asia Department |
| Responsible ADB Division | Public Mgt, Financial Sector and Regional Coop Division, EARD |
| Executing Agencies |
Finance Department Henan Province 25 Jingsan Road Jinshui District, Zhengzhou China, 450008 |
| Timetable | |
|---|---|
| Concept Clearance | 24 Jul 2014 |
| Fact Finding | 26 May 2014 to 27 May 2014 |
| MRM | - |
| Approval | 18 Sep 2014 |
| Last Review Mission | - |
| Last PDS Update | 27 Sep 2016 |
TA 8722-PRC
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 18 Sep 2014 | 17 Oct 2014 | 17 Oct 2014 | 30 Jun 2016 | 30 Sep 2016 | 31 Dec 2016 |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 400,000.00 | 0.00 | 100,000.00 | 0.00 | 0.00 | 0.00 | 500,000.00 | 17 Jun 2022 | 206,819.28 |
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| Title | Document Type | Document Date |
|---|---|---|
| Study of Financial Reform in Rural Areas of the Central Plains Economic Zone: Technical Assistance Completion Report | TA Completion Reports | May 2019 |
| Study of Financial Reform in Rural Areas of the Central Plains Economic Zone: Technical Assistance Report | Technical Assistance Reports | Sep 2014 |
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