People’s Republic of China: Asian Development Bank Member Fact Sheet 2017
Asian Development Bank | April 2018
Abstract
The Asian Development Bank (ADB) has been working in the People’s Republic of China (PRC) since 1986. The PRC has been the second-largest sovereign borrower from ADB and is a major contributor to ADB development finance and knowledge sharing initiatives. The PRC is transitioning to a new growth model emphasizing quality and sustainability, supported by innovation. ADB is supporting the country’s reform agenda by fostering inclusive growth, mainstreaming environmentally sustainable development, and promoting regional and South–South cooperation. Since 1986, ADB has approved $34.84 billion in sovereign loans and $4.13 billion for private sector operations (excluding B Loans). In 2017, ADB committed around $2.1 billion for 13 loans, and $14.05 million for 27 technical assistance projects.
Citation
Asian Development Bank. 2018. People’s Republic of China: Asian Development Bank Member Fact Sheet 2017. © Asian Development Bank. http://hdl.handle.net/11540/8344.Keywords
Financial Stability
Financial Management System
Financial Restructuring
Capital Market Development
Market Development
Economics
Erosion
International Economics
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Citable URI
http://hdl.handle.net/11540/8344Metadata
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