The Asian Development Bank (ADB) is conducting a country assistance program evaluation (CAPE) for the Peoples Republic of China (PRC). The CAPE will review performance and experience from loans, technical assistance and other support provided by ADB to PRC during the period 20062014 to draw lessons for further improvement in the coming years. The CAPE will thus provide inputs to the country partnership strategy (CPS) between ADB and PRC for the 13 th five year plan period 20162020.
The CAPE comes at a time when PRC has been rapidly transformed into an upper middle- income country that will need to act preemptively to address new challenges to sustain growth and avoid the middle-income trap. More than financial support for investment projects, value addition through innovation, risk management, knowledge creation and sharing will be critical. As an inter-governmental organization, ADB is well placed to bring in best-practices and knowledge from across the Asia and Pacific region to introduce innovation and risk management through policy and regulation, institutional arrangements and capacity development, and new technologies. 1 Likewise, ADB is well positioned to support regional cooperation and engage with PRC government on matters that relate to global and regional public goods.
The evaluation will examine the extent to which ADB engagement met the objectives of country partnership strategies since 2006. One of the key objectives of the CAPE is to focus on innovation and knowledge aspects of ADB engagement, and gauge how ADB has contributed to the PRC objectives of balanced, equitable and sustained growth. The CAPE will also address ADBs role in engaging with PRC on matters related to regional and global public goods such as public health, financial stability and climate change. An emphasis on such issues will contribute to an objective assessment of the performance of ADB support to PRC, and draw forward- looking lessons and make recommendations for the next CPS.
About the CAPE Mission
The PRC Ministry of Finance granted approval for the CAPE team to visit PRC. Accordingly, the CAPE team will hold meetings in PRC from 3 to 19 November 2014. In view of the large portfolio of ADB engagement, the CAPE team comprises experts in all sectors of ADB engagement, including agriculture, education, energy, environment, finance, health, public financial management, social protection, transport, urban and water sectors. The sector specialists on the CAPE team will hold separate meetings simultaneously with various PRC agencies in Beijing, Guangxi, Hunan, Inner Mongolia, Tianjin, Xinjiang and Yunnan from 3 to 19 November.
In addition, the PRC Ministry of Finance is also helping the CAPE team to administer a questionnaire to all relevant ministries and government agencies.
1 Although it is acknowledged that PRC would like to access knowledge and information on development successes and failures in countries outside the Asia and Pacific region.