GMS in the News


Asian Development Fund grant financing for a project in Lao PDR helped scale up efforts to improve food safety and ensure plant and animal health by improving sanitary and phytosanitary capacity in the country. Photo by Asian Development Bank. 

Together We Deliver Highlights Lives Improved through Asian Development Fund Grants 

Together We Deliver: Grants for a Brighter Future is a special edition of the Asian Development Bank’s (ADB) annual publication featuring stories of lives uplifted across Asia and the Pacific through grant financing by the Asian Development Fund (ADF). The ADF provides grants to support activities that reduce poverty and improve the quality of life in “ADF countries”—the poorest and most vulnerable countries in the region.


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.


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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