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People's Republic of China (PRC) and ADB

ADB’s operations in the People’s Republic of China help develop innovative solutions to address complex development challenges and provide lessons and models for replication in other ADB developing member countries.

In the Spotlight

People's Republic of China Facts

ADB's Work in the People's Republic of China

The economic growth of the People’s Republic of China (PRC) in 2021 was driven by dynamic exports, industrial production, and the improved performance of services and consumption, boosting the labor market and decreasing unemployment to pre-pandemic levels.

ADB has been working with the PRC since 1986. In 2021, ADB approved the new country partnership strategy (CPS) for the PRC for 2021–2025 with the overarching goal of supporting the country to achieve high-quality, green development.

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.

Contact: People's Republic of China Resident Mission (PRCM)

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)

  Tel +86 10 85730909
  Fax +86 10 85730808

Safdar PARVEZ (Mr)
Country Director
Head, Economics and Strategy Unit
Lee Ming TAI (Mr)
Head, Portfolio Management Unit
Lei KAN (Ms)
External Relations Focal Point

Yolanda Fernandez Lommen 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