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.
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.
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.
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.
This study shows that the new pension program in the People’s Republic of China can fundamentally alter the traditional support system between generations.
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.
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)
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:
Last updated: 12 December 2022