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 Name||Study of Financial Reform in Rural Areas of the Central Plains Economic Zone|
|Country||China, People's Republic of|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Governance and capacity development
|Sector / Subsector||
Finance - Finance sector development
|Gender Equity and Mainstreaming||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|
|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.|
|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.|
Summary of Environmental and Social Aspects
|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.|
|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||Kim, Ahyoung|
|Responsible ADB Department||East Asia Department|
|Responsible ADB Division||Public Mgt, Financial Sector and Regional Coop Division, EARD|
Finance Department Henan Province
25 Jingsan Road
Jinshui District, Zhengzhou
|Concept Clearance||24 Jul 2014|
|Fact Finding||26 May 2014 to 27 May 2014|
|Approval||18 Sep 2014|
|Last Review Mission||-|
|Last PDS Update||27 Sep 2016|
|Approval||Signing Date||Effectivity Date||Closing|
|18 Sep 2014||17 Oct 2014||17 Oct 2014||30 Jun 2016||30 Sep 2016||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|400,000.00||0.00||100,000.00||0.00||0.00||0.00||500,000.00||18 Sep 2014||206,819.28|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
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|Title||Document Type||Document Date|
|Study of Financial Reform in Rural Areas of the Central Plains Economic Zone: Technical Assistance Report||Technical Assistance Reports||Sep 2014|
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
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