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Doing Business in China - Export.gov

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The World Bank conducts procurement by the rules of <strong>in</strong>ternational competitive bidd<strong>in</strong>g<br />

through Ch<strong>in</strong>ese tender<strong>in</strong>g organizations; nonetheless, successful bidd<strong>in</strong>g requires close<br />

coord<strong>in</strong>ation with the Ch<strong>in</strong>ese Government entity responsible for develop<strong>in</strong>g a project at<br />

the consult<strong>in</strong>g stage when specifications are be<strong>in</strong>g established. The World Bank has a<br />

local office <strong>in</strong> Ch<strong>in</strong>a. The website can be viewed at: www.worldbank.org/.<br />

As a member of the World Bank, the International F<strong>in</strong>ance Corporation (IFC) has<br />

become <strong>in</strong>creas<strong>in</strong>gly active <strong>in</strong> Ch<strong>in</strong>a. It is mandated to assist jo<strong>in</strong>t venture and share<br />

hold<strong>in</strong>g companies with substantial non-state ownership to raise capital <strong>in</strong> the<br />

<strong>in</strong>ternational markets. The IFC takes equity positions <strong>in</strong> these companies. The projects<br />

have anticipated cash flows that can cover repayments to lenders and dividends to<br />

shareholders. They do not enjoy a <strong>gov</strong>ernment guarantee. The IFC can be contacted<br />

through its Wash<strong>in</strong>gton, D.C. Headquarters at (202) 473-0631 or its Beij<strong>in</strong>g office, Tel:<br />

(86 10) 5860-3000, Fax: (86 10) 5860-3100. Website: www.ifc.org.<br />

The Asian Development Bank (ADB) is a multilateral development f<strong>in</strong>ance <strong>in</strong>stitution,<br />

based <strong>in</strong> Manila, which is dedicated to reduc<strong>in</strong>g poverty <strong>in</strong> the Asia and Pacific region<br />

through <strong>in</strong>clusive economic growth, environmentally susta<strong>in</strong>able growth, and regional<br />

<strong>in</strong>tegration. Established <strong>in</strong> 1966, it is owned by 67 members. The ADB extends loans<br />

and provides technical assistance to its develop<strong>in</strong>g member countries for a broad range<br />

of development projects and programs. It also promotes and facilitates <strong>in</strong>vestment of<br />

public and private capital for economic and social development.<br />

Once a project is <strong>in</strong>itially approved by the ADB and the Ch<strong>in</strong>ese Government, it is<br />

<strong>in</strong>cluded <strong>in</strong> a monthly publication called "ADB <strong>Bus<strong>in</strong>ess</strong> Opportunities" which is available<br />

by subscription from the Publications Unit, Information Office, ADB, P.O. Box 789,<br />

Manila, Philipp<strong>in</strong>es, Fax: (632) 632-5122 or 632-5841. The Commerce Department has<br />

established a Multilateral Development Bank Operations Office (Fax: (202) 273-0927),<br />

which publishes <strong>in</strong>formation to assist companies <strong>in</strong> w<strong>in</strong>n<strong>in</strong>g such contracts. The ADB<br />

Resident Mission <strong>in</strong> Ch<strong>in</strong>a is located <strong>in</strong> Beij<strong>in</strong>g. Tel: (86 10) 6642-6601, Fax: (86 10)<br />

6642-6606. Website: www.adb.org.<br />

Web Resources Return to top<br />

<strong>Export</strong>-Import Bank of the United States: http://www.exim.<strong>gov</strong><br />

Country Limitation Schedule: http://www.exim.<strong>gov</strong>/tools/country/country_limits.html<br />

OPIC: http://www.opic.<strong>gov</strong><br />

Trade and Development Agency: http://www.tda.<strong>gov</strong>/<br />

SBA's Office of International Trade: http://www.sba.<strong>gov</strong>/oit/<br />

USDA Commodity Credit Corporation: http://www.fsa.usda.<strong>gov</strong>/ccc/default.htm<br />

U.S. Agency for International Development: http://www.usaid.<strong>gov</strong><br />

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