IFC has been rapidly increasing its support to China's private sector and will continue to increase its exposure to the market in order to deepen its impact in a sustainable and robust private sector. China is IFC's third largest country portfolio and among the fastest countries for its investment growth. In FY06, IFC committed $639 million to 24 private sector projects. About half of our investment involves direct equity stakes.
Since its first investment in 1985, and as of June 30, 2006, IFC has financed 114 projects in China.
IFC provides support for the private sector across sectors, including banks, forestry, infrastructure, manufacturing, and services,. IFC provides advisory services, including support to local small and medium sized businesses that helps entrepreneurs find opportunities and create jobs as China transforms from a centrally planned to a market economy. IFC manages the China Project Development Facility, which provides technical assistance to smaller businesses, mainly in Western China.
IFC operations in China are focused on:
· Support for Chinese companies seeking to acheive best practices
· Investing in the financial institutions that strive to improve corporate governance and operating standards
· Support for private infrastructure
· Supporting the development of China's western and interior provinces
Learn more about our activities in Chinese.
