IFAD was the first international financial institution to lend to China. Since 1981, IFAD has worked with China to eliminate extreme poverty, increase
food security and nutrition, and promote agricultural and rural development.
In recent years, IFAD’s support for China has shifted from agricultural production to more inclusive and innovative development in rural areas and
agrifood systems. IFAD’s portfolio in China will continue to be fully aligned with government strategies and priorities, including rural revitalization.
China is also a significant contributor to IFAD. China has greatly increased its contribution to IFAD’s core resources since IFAD10, becoming the largest contributor among developing countries in IFAD11 and IFAD12, with an overall ranking of twelfth among all Member States and second among the developing countries.
In 2018, China made a US$10 million supplementary contribution to establish the first dedicated Facility in IFAD to promote South-South and
Triangular Cooperation (SSTC). China’s wealth of knowledge and good practices in poverty elimination and sustainable and inclusive development can be of invaluable benefit when shared with other developing countries.