ADB projects that gross domestic product growth in 2019 for the People's Republic of China will moderate to 6.3% from 6.4%. The growth outlook for 2018 remains unchanged at 6.6%. Image credit: ADB.

PRC 2019 Growth Outlook Revised to 6.3%, 2018 Steady at 6.6% — ADB

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.

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ADB President Mr. Takehiko Nakao (left) meeting with the PRC's Minister of Finance and ADB Governor Mr. Liu Kun (right).

ADB President Mr. Takehiko Nakao (left) meeting with the PRC's Minister of Finance and ADB Governor Mr. Liu Kun (right).

ADB President Visits the People's Republic of China, Reaffirms Partnership

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.  

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GMS Countries to Strengthen Regional Cooperation on Food Safety, Agriculture

PU’ER CITY, PEOPLE’S REPUBLIC OF CHINA (31 May 2018) — Senior agriculture officials from the six member countries of the Greater Mekong Subregion agreed to increase regional cooperation in food safety, boost the trading of climate-friendly agriculture products, and accelerate the implementation of the five-year GMS Strategy and Siem Reap Action Plan endorsed by the Second GMS Agriculture Ministers’ Meeting.

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The Asian Development Bank projects gross domestic product growth for the People's Republic of China to continue to moderate to 6.6% in 2018 and 6.4% in 2019, following last year’s exceptional 6.9% rate. Photo: ADB.

PRC Growth to Hit 6.6% in 2018 — ADB Report

HONG KONG, CHINA (11 April 2018) — Strong consumer spending, rising exports, and steady public spending are helping the world’s second largest economy maintain its growth momentum, but tax and other structural reforms are needed in the People’s Republic of China for continued inclusive and sustainable development, according to a new report by the Asian Development Bank.

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