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NDB releases China country portfolio evaluation report, rates cooperation 'successful'
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On September 23, the BRICS New Development Bank (NDB) released its China Country Project Portfolio Evaluation Report, conducted by the bank's Independent Evaluation Office. The report covers 27 projects approved between July 2015 and December 2024. It comprehensively assesses the overall effectiveness of NDB's cooperation with China as 'successful.' The report highlights that NDB's loan portfolio in China is one of the bank's largest country business segments globally, with outstanding advantages in four dimensions: local currency (RMB) financing, project implementation efficiency, sustainable technology innovation, and project compliance performance. The report positions this cooperation as a replicable and scalable model for multilateral development institutions serving emerging economies and creating high-impact, sustainable, and inclusive infrastructure projects.
Source report
September 23 – The New Development Bank (NDB), established by the BRICS nations, today released its China Country Program Portfolio Evaluation Report.
The evaluation was conducted by the NDB's Independent Evaluation Office and covers 27 projects approved between July 2015 and December 2024.
The report concludes that the overall effectiveness of the NDB's cooperation with China is "successful." China's loan portfolio represents one of the largest country-level business segments for the bank globally. The evaluation highlights four key areas of strength:
- Local currency financing (RMB-denominated)
- Project implementation efficiency
- Sustainable technology innovation
- Project compliance and履约 performance
These advantages, the report notes, provide a replicable and scalable model for multilateral development institutions to serve emerging economies and deliver high-impact, sustainable, and inclusive infrastructure projects.
(Source: CCTV News)
Source
财联社Eastern
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NDB Report Rates China Portfolio ‘Successful,’ Highlights Yuan Financing and Project Efficiency