## People's Republic of China and the IMF

## Source details

**Canonical URL:** [People's Republic of China and the IMF](https://www.imf.org/en/countries/chn)

## Other formats

- [Markdown version](/en/countries/chn/index.md)
- [Structured JSON version](/en/countries/chn/index.json)
- [Bundle manifest](/en/countries/chn/bundle-manifest.json)

### Office Information

Room 1806, East Tower, Twin TowersNo. B12, Jianguomenwai AvenueBeijing 100022, P.R. China  
Email: [RR-CHN@IMF.ORG](mailto: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](https://www.imf.org/en/publications/cr/issues/2026/02/17/peoples-republic-of-china-2025-article-iv-consultation-press-release-staff-report-and-574028): 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](https://www.imf.org/en/publications/weo/issues/2026/07/08/world-economic-outlook-update-july-2026)

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### 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"

### See All Documents

- [See All Documents](https://www.imf.org/en/countries/chn#whatsnew)

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## Content in this bundle

- [New Issues in Monetary Policy; July 2014 (PDF)](/external/np/seminars/eng/2014/pbc/pdf/book070214.pdf){rel="external" type="application/pdf"}

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## References

- [Board Discussions on Peoples Republic of China](https://www.imf.org/en/about/executive-board/ebc-archive/country)
- [Financial Sector Assessment Program](https://www.imf.org/en/publications/fsap?sortBy=CountryName&sortVal=C)
- [Resident Representative for People's Republic of China](https://www.imf.org/en/countries/resrep/chn)
- [Press Release|](https://www.imf.org/en/news/articles/2025/12/10/pr-25415-china-imf-staff-completes-2025-article-iv-mission-to-the-peoples-republic-of-china)
- [Press Briefing](https://www.imf.org/en/videos/view/6386329379112?page=1&sort=mostrecent)
- [Featured image](https://www.imf.org/en/news/articles/2026/02/18/cf-how-chinas-economy-can-pivot-to-consumption-led-growth)
- [All videos about China](https://www.imf.org/en/videos/view?country=31)
- [Article IV/Country Report:](https://www.imf.org/en/publications/cr/issues/2026/02/17/peoples-republic-of-china-2025-article-iv-consultation-press-release-staff-report-and-574028)
- [July 2026 World Economic Outlook Update](https://www.imf.org/en/publications/weo/issues/2026/07/08/world-economic-outlook-update-july-2026)

_Source: https://www.imf.org/en/countries/chn_