Foreign aid to the People's Republic of China since 1949 has taken the form of both bilateral and multilateral

official development assistance Official development assistance (ODA) is a category used by the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD) to measure foreign aid. The DAC first adopted the concept in 1969. It ...

and official aid to individual recipients. In 1978, China and Japan normalized their diplomatic relations.

Deng Xiaoping Deng Xiaoping (22 August 1904 – 19 February 1997) was a Chinese revolutionary leader, military commander and statesman who served as the paramount leader of the People's Republic of China (PRC) from December 1978 to November 1989. After CCP ...

had visited to Japan to sign a treaty and to look at its development. As a result, China decided to borrow US$220 million in soft loans from Japan when the amount of foreign currency preparation was US$167 million. China poured that money into social infrastructure. In 2001 China received US$1.4 billion in foreign aid, or about US$1.10 per capita. This total was down from the 1999 figure of US$2.4 billion, or US$1.90 per capita. In 2003 China received US$1.3 billion in aid, or about US$1 per capita. Like other countries in recent years, the United States has rapidly reduced its aid to China, reaching about $12 million from

USAID The United States Agency for International Development (USAID) is an independent agency of the U.S. federal government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $27 bi ...

for 2011. The aid goes to Tibetan communities, rule of law initiatives, and

climate change policy The politics of climate change results from different perspectives on how to respond to climate change. Global warming is driven largely by the emissions of greenhouse gases due to human economic activity, especially the burning of fossil fuels ...

. In 2011, an aid package amounting to $3.95 million and designated for climate change was the subject of a critical Congressional panel hearing titled "Feeding the Dragon: Reevaluating U.S. Development Assistance to China". Some of this

aid In international relations, aid (also known as international aid, overseas aid, foreign aid, economic aid or foreign assistance) is – from the perspective of governments – a voluntary transfer of resources from one country to another. Ai ...

comes in the form of socioeconomic development assistance through the

United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a centre for harmoniz ...

(UN). The PRC received US$112 million in UN assistance annually in 2001 and 2002, the largest portion coming from the

UN Development Programme The United Nations Development Programme (UNDP)french: Programme des Nations unies pour le développement, PNUD is a United Nations agency tasked with helping countries Poverty reduction, eliminate poverty and achieve Sustainable development, ...

(UNDP).

Notes

*Note: The People's Republic of China is recognized as the sole representative of ''China'' by the United Nations and by many UN members (cf.

China and the United Nations China is one of the charter members of the United Nations and is one of five permanent members of its Security Council. One of the victorious Allies of the Second World War (the Chinese theatre of which was the Second Sino-Japanese War), the ...

foreign relations of the People's Republic of China China, officially the People's Republic of China (PRC), has full diplomatic relations with 178 out of the other 193 United Nations member states, Cook Islands, Niue and the State of Palestine. Since 2019, China has had the most diplomatic mi ...

). The special administrative regions of

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

and

Macau Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a p ...

are financially independent. Nongovernmental sources of aid are not accounted under ''China''.

References

{{Economy of China Foreign relations of China Economic development in China China, People's Republic of Government finances in China

See also

Notes

References