PRC Poverty Reduction and Regional Cooperation Fund grants $4.25 million USD for 2008 Projects

On 24 March 2005, the Chinese Government and Asian Development Bank (ADB) jointly established the People's Republic of China (PRC) Poverty Reduction and Regional Cooperation Fund. The China Ministry of Finance provided financing and ADB implemented the projects.

The purpose of this special fund is to support the process of poverty reduction, regional cooperation and knowledge sharing for ADB developing member countries (DMCs) in the Asia-Pacific as well as Greater Mekong Subregion (GMS) and Central Asia Regional Economic Cooperation (CAREC) countries.

According to a 2019 Annual Report (p. 32), on 24 June 2008, the Chinese Ministry of Finance approved $2.25 million USD from this special fund for six different Batch 1 projects: 1) $500,000 USD for "Enhancing Transport and Trade Facilitation in the Greater Mekong Subregion." Closed 22 December 2014. 2) $200,000 USD for "Transboundary Animal Disease Control for Poverty Reduction in the Greater Mekong Subregion (supplementary)." Closed 11 October 2016. 3) $150,000 USD for "Small-scale Technical Assistance for Developing a Computable General Equilibrium Modeling Framework." Closed 14 September 2011. 4) $400,000 USD for "Development Study of the GMS Economic Corridors (supplementary)." Closed 14 November 2012. 5) $500,000 USD for "Regional Knowledge and Partnership Networks for Poverty Reduction and Inclusive Growth." Closed 28 October 2016. 6) $500,000 USD for "Capacity Development for National Economic Policy Analysis and Development Management, Phase III." Closed 27 November 2013.

According to a 2019 Annual Report (p. 32), on 17 December 2008, the Chinese Ministry of Finance approved $2 million USD from this special fund for four different Batch 2 projects: 1) $500,000 USD for "Capacity Development for Monitoring and Evaluation." Closed 31 March 2016. 2) $500,000 USD "Implementing the Greater Mekong Subregion Human Resource Development Strategy Framework and Action Plan 2009–2011." Closed 12 February 2014. 3) $500,000 USD for "Accelerating the Implementation of the Core Agriculture Support Program." Closed 5 July 2016. 4) $500,000 USD for "Deposit Insurance Establishment." Closed 18 March 2013.