国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

ADB raises annual lending to China to $2 billion mark

By Jiang Xueqing (China Daily) Updated: 2016-03-22 08:30

ADB raises annual lending to China to $2 billion mark

Takehiko Nakao, ADB president. [Photo/VCG]

The Asian Development Bank is aiming to increase its sovereign lending to China to about $2 billion a year from 2016 to 2020, up from the annual average of $1.5 billion in the past five years.

"Our total lending, including lending to the private sector, will increase by about 50 percent in the coming years, up from $13 billion to $20 billion. If we keep the same ratio of increase here, our lending to China could also increase by up to 50 percent," ADB President Takehiko Nakao said on Monday.

The actual lending volume will depend on approval by the board of the bank of actual projects and programs, he said. In 2015, the bank's sovereign lending to China was $1.7 billion, accounting for 12 percent of its sovereign lending to all member countries.

He listed climate change and environmental protection as the top priorities of the ADB in deepening its partnership with China.

Last year, the bank approved its first policy-based loan of $300 million to China for air quality improvement in the Beijing-Tianjin-Hebei area, he said at the China Development Forum 2016 on Sunday.

Under this loan, Hebei province will issue a new emission standard for volatile organic compounds, requiring factories to introduce pollution reduction devices to production processes. Other policies under this loan include guidelines on converting coal to gas for power and heating, transport-related regulations, and enhanced environmental monitoring of polluting industries.

Speaking of ADB's support to regional cooperation and integration, he said it is also a strategic priority under the bank's new member partnership strategy. ADB can also cooperate closely with the Asian Infrastructure Investment Bank in this area.

"I had a very constructive discussion with Mr Jin (Liqun) of the AIIB. We agreed that Asia needs more infrastructure investment and we can cooperate through different ways including cofinancing. We also agreed that social and environmental considerations are important when we do projects, and the procurement system should be fair and competitive," Nakao said.

In its member partnership strategy, the ADB mentioned the importance of China not just as a beneficiary of the bank, but as a contributor.

China made a contribution of about $45 million to the Asian Development Fund managed by ADB, joining efforts to support poorer countries in the region for the year 2013-16 by giving them grants and concessional loans.

Hot Topics

Editor's Picks
...
得荣县| 云林县| 饶平县| 金沙县| 弥勒县| 苍溪县| 婺源县| 盘山县| 邮箱| 叶城县| 南川市| 武汉市| 交城县| 福贡县| 金溪县| 新乐市| 布拖县| 调兵山市| 沈阳市| 洛浦县| 郧西县| 武强县| 红原县| 睢宁县| 泸州市| 铁岭市| 云安县| 凌源市| 凤山县| 宝坻区| 即墨市| 柞水县| 土默特右旗| 普兰店市| 尼玛县| 海林市| 梅州市| 西宁市| 南陵县| 安仁县| 海淀区|