In the Spotlight
GDP growth in the People’s Republic of China is forecast to fall sharply this year as the economy grapples with the effects of the COVID-19 outbreak, before recovering in 2021, according to a new report by ADB.
ADB and China Gas Holdings Ltd. signed a $20 million private sector loan agreement to support natural gas and LPG deliveries to households, hospitals, industry, and services crucial to the ongoing response to COVID-19.
ADB signed an agreement for a private sector loan of up to CNY130 million ($18.6 million) to Jointown Pharmaceutical Group Co. Ltd. in the People’s Republic of China.
This policy note proposes measures to systematically determine pension contribution base and rates in the People’s Republic of China.