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.
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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
Critical Issues for Fiscal Reform in the People’s Republic of China Part 2: Intergovernmental Fiscal Relations and Debt Management
The People’s Republic of China (PRC) has achieved remarkable progress in poverty reduction and economic growth—despite having had fiscal institutions that, initially, were not well aligned with its socioeconomic goals.
The Power of Retail Bonds: A Stable Funding Source for Asian Governments
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.
Child Mortality Remains High in Asia and the Pacific: A Renewed Focus on Vaccines is Needed
Despite a notable drop in under-five mortality, Asia and the Pacific remains a hotspot for child deaths. The pandemic made things worse, causing a significant decline in routine immunizations. It's time to intensify vaccination programs and renew our commitment to children's health.
Access to Pensions, Old-Age Support, and Child Investment in the People’s Republic of China
This study shows that the new pension program in the People’s Republic of China can fundamentally alter the traditional support system between generations.
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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| Publications, Papers and Briefs
Critical Issues for Fiscal Reform in the People’s Republic of China Part 2: Intergovernmental Fiscal Relations and Debt Management
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| Asian Development Blog
The Power of Retail Bonds: A Stable Funding Source for Asian Governments
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| Publications, Papers and Briefs
Passive Solutions to Reduce the Need for Cooling in Buildings
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| Publications, Papers and Briefs
Linguistic Diversity, School Language of Instruction Policy, and Learning Outcomes across Asia and the Pacific
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| Publications, Papers and Briefs
Fintech and Inclusive Growth: Evidence from 25 Asian Developing Countries
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| Publications, Papers and Briefs
When Policy Responses Make Things Worse: The Case of Export Restrictions on Agricultural Products
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| Asian Development Blog
Child Mortality Remains High in Asia and the Pacific: A Renewed Focus on Vaccines is Needed
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| Publications, Papers and Briefs
Exchange Rate Pass-Through in Emerging Asia and Exposure to External Shocks
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