People's Republic of China and the IMF
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Office Information
Room 1806, East Tower, Twin TowersNo. B12, Jianguomenwai AvenueBeijing 100022, P.R. China
Email: RR-CHN@IMF.ORG
Phone: +86 10 6505 1155
Fax: +86 10 6505 8580
At a Glance
- 2026 Projected Real GDP (% Change) : 4.6*
- 2026 Projected Consumer Prices (% Change): 1.2
- Country Population: 1401.923 million
- Date of Membership: December 27, 1945
- Article IV/Country Report: February 18, 2026
- Special Drawing Rights (SDR): 40801.79 million
- Quota (SDR): 30482.9 million
- Number of Arrangements since membership: 2
- *GDP Data from July 2026 World Economic Outlook Update
Institutional products and workstreams
- Executive Board Calendar
- Board Discussions on Peoples Republic of China
- Article IV Staff Reports
- Financial Position in the Fund
- Financial Sector Assessment Program
- Transactions with the Fund
- Central Bank
- People's Republic of China -- Hong Kong Special Administrative Region
- Macao Special Administrative Region of the People's Republic of China
- New Issues in Monetary Policy; July 2014
- Contact Us
- Blogs about China
- All videos about China
- All news about China
Resident representation in China
- Resident Representative for People's Republic of China: C. Marshall Mills
- Title: Senior Resident Representative in China
- Appointment: Mr. Mills was appointed as the International Monetary Fund’s Senior Resident Representative in China in February 2025.
- IMF experience:
- Division Chief for the Pacific Island region in the IMF’s Asia and Pacific Department (APD).
- IMF mission chief to Fiji.
- Previously served as mission chief to Angola, Madagascar, Seychelles, and Togo.
- Has worked in the IMF for nearly 20 years.
- Worked in the Strategy, Policy, and Review Department, where he led work on trade, capital flows, and IMF lending policy.
- Prior roles outside the IMF:
- US Treasury Department (helped negotiate China’s accession to the WTO).
- Organization for Economic Cooperation and Development (helped manage relations with non-members).
- US Office of Management and Budget.
- Education:
- Princeton University (masters in public affairs).
- France’s Ecole nationale d’administration (advanced degree).
- University of North Carolina (undergraduate).
- Deputy Resident Representative in China: Fan Zhang
- Current role: IMF’s Deputy Resident Representative in Beijing.
- Prior IMF roles:
- Economist in the Research Department.
- Member of the China team in the Asia Pacific Department.
- Research and contributions:
- Focus on macroeconomic forecasts and policy analysis.
- Contributed to IMF technical assistance to the Reserve Bank of India and the Bank of Thailand.
- Contributed to Article IV Consultations to China.
- Contributed to IMF publications such as the World Economic Outlook and several working papers.
- Education:
- Ph.D. in Applied Mathematics and Master of Science from the University of Warwick, United Kingdom.
Recent consultations and public items
- The last Article IV Executive Board Consultation was on February 13, 2026.
- LATEST: IMF Staff Completes 2025 Article IV Mission to the People’s Republic of China, December 10, 2025 — Press Release | Press Briefing
- Highlighted publication headline: "How China’s Economy Can Pivot to Consumption-led Growth"
- Teaser text as provided: "More forceful macroeconomic stimulus, stronger social protection, and fiscal sup..."
Engagement and outreach
- Survey invitation: "Do you have a few minutes to participate in a survey about the IMF’s work and communications in Asia? Your views will help us improve engagement ahead of the 2026 Annual Meetings in Thailand."
- Call to action text provided: "Click here for survey"