ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
People's Republic of China (PRC) and ADB
ADB’s operations in the People’s Republic of China help develop innovative solutions to address climate change, environmental challenges, and population aging, with projects that provide models for replication.
In the Spotlight
How Integrated Urban Solutions Build Inclusive, Sustainable, and Climate-Resilient Cities
Jiuquan was an oasis on the ancient Silk Road along the Hexi Corridor, an important trade route in the northwestern region of the People’s Republic of China (PRC).
When Governments Talk Climate, Investors Listen: Policies Can Drive Green Investments
Governmental policies can influence individual investor behavior, driving them towards sustainable investments and shaping' risk perceptions and investment choices.
Asia Bond Monitor – September 2023
This edition shows how a modest improvement in economic fundamentals has buoyed East Asia’s local currency bond (LCY) markets, but potential renewed increases in inflation and further interest rate hikes could pose risks for the region’s borrowers.
Integrated Approaches and Institutional Reform for Equitable Supply of Safe Water to Rural Residents
Residents of Chaonan district in the People’s Republic of China (PRC) were suffering from absolute water scarcity. During the dry season, some areas had no water supply at all. Water was supplied mainly to residents of towns and rural households close to these towns.
People's Republic of China Facts
ADB's Work in the People's Republic of China
ADB has been working with the PRC since 1986. To date, ADB has committed 1,193 public sector loans, grants, and technical assistance totaling $42.9 billion to the PRC. Cumulative loan and grant disbursements to the PRC amount to $35.74 billion. These were financed by regular ordinary capital resources, and other special funds. ADB’s ongoing sovereign portfolio in the PRC includes 81 loans worth $12.32 billion.
Data: People's Republic of China
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for the People's Republic of China, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in the People's Republic of China View all projects
Featured
ADB has been helping the People's Republic of China’s elderly care system development through facility construction and institutional capacity improvement, including in Yichang City.
Approved/Active
Proposed
What's New
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| News Releases, News Release
ADB Projects 4.9% Growth and Slowing Inflation in People’s Republic of China
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| Development Asia
How Integrated Urban Solutions Build Inclusive, Sustainable, and Climate-Resilient Cities
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| Asian Development Blog
When Governments Talk Climate, Investors Listen: Policies Can Drive Green Investments
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| Publications, Reports
Asia Bond Monitor – September 2023
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| Publications, Papers and Briefs
Accelerating Coal Plant Retirement at Scale
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| Publications, Papers and Briefs
Cooling Efficiency Improvement
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| Publications, Reports
Renewable Energy Manufacturing: Opportunities for Southeast Asia
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| Development Asia
Integrated Approaches and Institutional Reform for Equitable Supply of Safe Water to Rural Residents
Contact: People's Republic of China Resident Mission (PRCM)
17th Floor, China World Tower (Guomao III), 1 Jian Guo, Men Wai Avenue, Chaoyang District, Beijing 100004, People's Republic of China
Office Hours: 9:00 a.m. to 6:00 p.m. (Monday to Friday)
Fax +86 10 85730808
Country Director
Head, Economics and Strategy Unit
Head, Portfolio Management Unit
External Relations Focal Point
Safdar Parvez is the ADB Country Director for the People's Republic of China (PRC). The PRC Resident Mission was opened in 2000 and provides the primary operational link for activities between ADB and the government, the private sector, civil society stakeholders, and development partners. The resident mission engages in policy dialogue, country partnership strategy development and programming, and portfolio management, while also acting as a knowledge base on development issues in the PRC.
The PRC government agency handling ADB affairs is the Ministry of Finance.
PRCM will be closed on these dates:
- New Year's Day: January 2 (Monday)
- Spring Festival: January 23-25 (Monday, Tuesday, Wednesday)
- Labor Day: May 1 (Monday)
- Mid-Autumn Day: September 29 (Friday)
- National Day: October 2, 3, 4 (Monday, Tuesday, Wednesday)
- Christmas Day: December 25 (Monday)
Last updated: 12 December 2022