HONG KONG, CHINA (3 April 2019) — Growth in the People’s Republic of China (PRC) is expected to moderate in the next two years as global growth slows and trade tensions with the United States weigh on trade and investment.
The People’s Republic of China, Lao People’s Democratic Republic, and Thailand have agreed to build a railway bridge that will be part of a high-speed rail line connecting the three countries.
A grant from the Global Environment Facility will help the People's Republic of China pilot distributed renewable energy technologies.
The People's Republic of China is shifting freight transport from roads to railways and waterways, and improving urban logistics systems to reduce carbon emissions.
The People’s Republic of China launched last month a high-speed rail service between Yunnan province’s capital Kunming and Lijiang, a tourist destination and UNESCO World Heritage site.
BEIJING, PEOPLE’S REPUBLIC OF CHINA (29 August 2018) — Asian Development Bank President Takehiko Nakao and People’s Republic of China Minister of Finance and ADB Governor Liu Kun met during Mr. Nakao’s 2-day visit to the PRC, in which he reaffirmed ADB’s support for the country’s development priorities.
HONG KONG, CHINA (26 September 2018) — Slower demand growth and an unfavorable trade environment has dampened the People’s Republic of China’s (PRC) growth outlook for 2019, although supply-side reform, strong service sector growth, as well as monetary and fiscal support will keep the PRC’s economy on track, according to a new report by the Asian Development Bank.
MANILA, PHILIPPINES (8 January 2018) — The Asian Development Bank today launched a photo contest on Instagram to showcase the development progress in the Greater Mekong Subregion and demonstrate how a focus on increased regional cooperation and integration can improve people’s lives.
MANILA, PHILIPPINES (10 December 2018) — The Asian Development Bank has approved a $250 million loan to enhance cross-border trade opportunities and improve urban infrastructure and services in Lincang Prefecture in the People’s Republic of China.