People's Republic of China

Guangxi Seaport Cities Get $200 Million Loan for Infrastructure Upgrades

ADB is extending a $200 million loan for the Guangxi Beibu Gulf Cities Development Project, which will construct and upgrade roads, waste water, storm water, and sewerage treatment facilities in the cities of Beihai, Qinzhou and Fangchenggang. Read more

ADB Energy Efficiency Project Has PRC's First Large Industrial Solar Application

ADB is extending a $100 million loan for an energy efficiency project in Shandong province in the People’s Republic of China that will reduce harmful emissions including carbon dioxide and incorporate the first large-scale industrial use of solar thermal technology to generate electricity. Read more

ADB $100 Million Loan Upgrades Urban Services in Western PRC's Tianshui City

ADB is extending a $100 million loan to upgrade urban services and improve living conditions in Tianshui City in Gansu―one of the poorest and least developed provinces in the People’s Republic of China. Read more

Impact Stories from the People's Republic of China: Partnership for Prosperity

The People’s Republic of China (PRC) has achieved remarkable growth and development since initiating economic reforms in 1979. Sustained growth has fuelled unprecedented poverty reduction, with hundreds of millions of people lifted out of poverty in the past 30 years. Read more

Overview

The People's Republic of China (PRC) has received a total of $24.54 billion in loans assistance since joining ADB in 1986, making it ADB's second largest borrower and its largest client for private sector financing. In 2010, ADB approved $1.321 billion in sovereign loans to the PRC, $587 million in private sector loans and equity investment, and $22.17 million in technical assistance.