PRC, Central Asian countries promote agricultural cooperation despite COVID-19 As the economy of the People's Republic of China (PRC) is undergoing a robust recovery, the booming PRC market has provided business opportunities for Central Asian food producers. The two sides have also made strides in agricultural technology cooperation, improving crop yield and enhancing food security amid the pandemic.
ADB to support economic cooperation zone for Mongolia he Asian Development Bank (ADB) has approved a $30 million loan to develop and operationalize Mongolia’s Zamyn-Uud free zone, which is part of a proposed economic cooperation zone between the country and the People’s Republic of China (PRC).
PRC earmarks $10 million from its ADB Trust Fund to address COVID-19 challenges in developing Asia The Government of the People’s Republic China (PRC) has earmarked a total amount of $10 million in its Poverty Reduction and Regional Cooperation Fund to support the Asian Development Bank (ADB) in assisting its developing member countries to address their novel coronavirus disease (COVID-19) challenges.
EBRD allocates $150 million for infrastructure development in Tajikistan A $150 million loan by the EBRD will finance the construction of a 44-kilometer stretch of the M41 road, the main transport corridor in the country linking Tajikistan with the Kyrgyz Republic, Kazakhstan, and China.
PRC’s experience with high-speed rail offers lessons for other countries The People's Republic of China (PRC) has put into operation over 25,000 kilometers of dedicated high-speed railway lines since 2008, far more than the total high-speed lines operating in the rest of the world.
ADB loan to pilot clean heating systems, cut carbon emissions in PRC The Asian Development Bank (ADB) has approved a €350 million ($399.91 million) loan to pilot clean heating and cooling systems that will slash carbon emissions in the highly polluted Shandong Province in the People’s Republic of China (PRC).
ADB President reaffirms support to CAREC at 17th Ministerial Conference Asian Development Bank President Takehiko Nakao reaffirmed ADB’s support for CAREC and announced $2 billion in new assistance for regional projects in CAREC countries in 2018.
CAREC to enhance Pakistan’s exports to [People’s Republic of] China: ADB Asian Development Bank sees opportunities for Pakistan in CAREC Program to expand and diversify its exports to the People's Republic of China and Central Asian states, underscoring a need for increasing ownership of the projects for regional connectivity and economic cooperation.
What [People’s Republic of] China’s ‘Belt and Road Initiative’ means for the Western Balkans The European Bank for Reconstruction and Development has commissioned an independent report on the development of the Balkan Silk Road.
ADB to provide $180 million to help improve railway safety in PRC he Asian Development Bank’s (ADB) Board of Directors has approved a $180 million loan to help the government build a safer, more reliable, and more efficient rail transport system in the mountainous southwest region of the People’s Republic of China (PRC).
