Executive Board
Board Discussions
on the People's Republic of China:

July 22, 2015
July 25, 2014
July 12, 2013
July 20, 2012
July 15, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2015  2016
Real GDP 6.8 6.3
Source: World Economic Outlook Update (July 2015)

People's Republic of China: Financial Position in the Fund

Transactions with the Fund

Central Bank
People's Bank of China

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Resident Representative Office in the People's Republic of China

See also:
People's Republic of China -- Hong Kong Special Administrative Region

Macao Special Administrative Region of the People's Republic of China

Check this book:
New Issues in Monetary Policy; July 2014 (Also Available in Chinese Version)

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People's Republic of China and the IMF
Updated July 28, 2015

Listed below are items related to the People's Republic of China, in reverse chronological order (you can also view items by category).

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October 01, 2002 -- Recentralization in China?
Author/Editor: Ahmad, Ehtisham | Keping, Li | Richardson, Thomas J. | Singh, Raju
Series: Working Paper No. 02/168
September 30, 2002 -- IMF Staff Papers - Volume 49, Number 3, 2002 - Centripetal Forces in China's Economic Takeoff by Anuradha Dayal-Gulati and Aasim M. Husain
This paper uses provincial time series data from the People's Republic of China to empirically investigate two propositions relating to economic development: (i) that economic takeoff—or an acceleration in economic growth—is associated with inflows of foreign direct investment (FDI), possibly through technological transfer; and (ii) that takeoff is accompanied, at least in the short term, by widening income inequality. The results indicate that FDI flows have increased the rate of convergence in per capita incomes across China's provinces. However, the pattern of FDI, which has gone mainly to the relatively wealthy provinces, has caused different provinces to converge toward different steady states.
September 29, 2002 -- Statement by the Hon. Dai Xianglong, Governor of the IMF for People's Republic Of China, at the Joint Annual Discussion of the Boards of Governors of the IMF and World Bank, September 29, 2002
PDF File Size: 120Kb
September 28, 2002 -- Statement by Mr. Dai Xianglong, Governor of the People's Bank of China, IMFC Meeting, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of People's Republic of China
September 26, 2002 -- Supporting Globalization, Remarks By Anne O. Krueger
Given at the 2002 Eisenhower National Security Conference on National Security for the 21st Century: Anticipating Challenges, Seizing Opportunities, Building Capabilities
September 26, 2002 -- Transcript of a Press Conference by IMF Managing Director Horst Köhler prior to the 2002 IMF-World Bank Annual Meetings
The world economy faces some difficult issues and it is important that the membership meets, that we meet, civil society meets, in the cooperative spirit of our institutions to look for common solutions. We all need to play a part, governments, the private sector, civil society, these international financial institutions.
September 13, 2002 -- News Brief: IMF Managing Director Horst Köhler Remarks on China Visit
September 03, 2002 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with the People's Republic of China
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
September 01, 2002 -- Finance & Development, September 2002 - What Will WTO Membership Mean for China and Its Trading Partners?
By Ramesh Adhikari and Yongzheng Yang - On December 11, 2001, after 15 years of arduous negotiations, China became the 143rd member of the World Trade Organization (WTO). The opening of an economy as large as China's can be disruptive to some developing countries in the short run, but, in the long run, it should benefit not only China but also its trading partners.
September 01, 2002 -- Finance & Development, September 2002 - Is Globalization Good for the Poor in China?
By Shang-Jin Wei - Developing countries worry that opening up to trade with the rest of the world may make the poor poorer and the rich richer, with China sometimes cited as an example of growing income inequality. A recent IMF study, however, finds that the reality is far more complex.
August 31, 2002 -- The IMF and Ukraine: What Really Happened, A Commentary by Lorenzo Figliuoli and Bogdan Lissovolik, IMF Resident Representatives in Ukraine
August 26, 2002 -- Has Russia Been on the Right Path? A Commentary By Kenneth Rogoff Economic Counsellor and Director, Research Department, IMF
Published in Vedomosti
May 27, 2002 -- IMF Survey:
Abdoulaye Bio-Tchane on Africa & IMF; Brazil positioned to speed up growth; European transition economies: run-up to EU accession & policy implications of exchange rate appreciations; and foreign direct investment in China. PDF File Size: 728Kb
May 26, 2002 -- Achieving Financial Stability: An International Perspective -- Address by Shigemitsu Sugisaki, Deputy Managing Director of the IMF
Given at the APEC Finance and Development Program, First Annual Forum, Beijing, China
May 15, 2002 -- Meeting the Challenges for the Chinese Financial Sector: What Have We Learned from Other Countries? -- Speech by Stefan Ingves, Director, Monetary and Exchange Affairs Department, IMF
Given at the Second China Financial Forum, Beijing
May 02, 2002 -- Transcript of an IMF Economic Forum -- Foreign Direct Investment in China: What Do We Need To Know?
What have been the driving forces behind these flows? How have they contributed to the performance of the Chinese economy? And what is the outlook for the period ahead, both in terms of further liberalization and the implications particularly regarding the convertibility of the renminbi exchange rate?
April 20, 2002 -- IMFC Statement by Mr. Dai Xianglong, Governor of the People's Bank of China, Washington, D. C., April, 20, 2002
The International Monetary and Financial Committee member for the People's Republic of China
April 19, 2002 -- News Brief: China Formally Begins Participation in the IMF's General Data Dissemination System
April 11, 2002 -- Transcript of an IMF Economic Forum -- Globalization: North-South Linkages
March 21, 2002 -- Improving Market Access: Toward Greater Coherence Between Aid and Trade -- An IMF Issues Brief
A coherent approach to development and trade calls for trade policies that create market opportunities for developing countries, and for development policies that enable them to respond to these opportunities.

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