ADB operations in the People’s Republic of China support innovative, sustainable, knowledge-based, and replicable solutions to address climate change, environmental challenges, and population aging.
Asian Development Blog
Tourism in Southeast Asia remains below pre-pandemic levels due to fewer travelers from the People’s Republic of China. Simplifying visa rules, boosting safety perceptions, improving infrastructure, and promoting cultural experiences can help revive the region’s visitor numbers.
Papers and Briefs
This paper analyzes intergenerational mobility in the People’s Republic of China (PRC) and Russia during their shift from central planning to market economies.
Photo Essay
The Yellow River, also known as the "Mother River of the Chinese nation," provides a lifeline to ecosystems, ensures food security for millions of people, and enables large-scale power generation, among its many benefits. Yet the river is experiencing severe water stress exacerbated by climate change. ADB helps to develop the Yellow River Basin Climate Change Adaptation Action Plan.
News from Country Offices
The economy of the People’s Republic of China is forecast to grow by 4.7% in 2025, unchanged from the April projection and close to the government’s target of about 5.0%, according to the Asian Development Outlook (ADO) September 2025 released by ADB.
The PRC navigated a complex socioeconomic landscape in 2024 including challenges in the real estate market, heightened trade tensions, and severe climate-related disasters. However, robust exports and supportive monetary and fiscal policies sustained economic growth. Assistance from ADB continued to promote high-quality green growth and climate resilience, focusing on biodiversity conservation, decarbonized development, and nature-based solutions.
To date, ADB has committed 1,238 public sector loans, grants, and technical assistance totaling 45ドル.2 billion to the PRC.
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 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.
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: 18 October 2024
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ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet.
Founded in 1966, ADB is owned by 69 members—50 from the region.
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