For Official Use Only CLR Review Independent Evaluation Group 1. CAS/CPS Data Country: China CAS/CPS Year: FY13 CAS/CPS Period: FY13 – FY17 CLR Period: FY13 – FY17 Date of this review: November 20, 2019 2. Ratings CLR Rating IEG Rating Development Outcome: Satisfactory Satisfactory WBG Performance: Good Good 3. Executive Summary i. This review of the World Bank Group’s (WBG) Completion and Learning Review (CLR) covers the period of the Country Partnership Strategy (CPS), FY13-17, as updated in the Performance and Learning Review (PLR) dated January 6, 2015. The PLR extended the CPS period by six months to the end of calendar year 2016. ii. China, with a population of 1.4 billion, is an upper middle- income country with a GNI per capita of $8,690 in 2017. During 2013-2017, the economy grew annually at 7.1 percent on average, slower than the previous CPS period of 11.0 percent. A long period of economic growth put pressure on the environment and raised serious sustainability challenges. China is now contributing around 30 percent to the world’s GHG emissions, partly because it is the largest consumer of carbon for electricity. Significant gains in poverty reduction continued during the CPS period. Absolute poverty, measured at $1.90 per day (2011 PPP), dropped from 1.9 percent in 2013 to 0.5 percent in 2018. Poverty and vulnerability in China are concentrated in rural areas and lagging regions in Central and Western China. The welfare of the bottom 40 percent of the income distribution has increased steadily. The Gini coefficient dropped to .46 in 2015 after having risen to a high of .5 in 2008. China’s Human Capital Index (HCI) stands at 0.67 and ranks 45th amongst 158 countries. iii. The CPS had two focus areas: (i) supporting greener growth; and (ii) promoting more inclusive development as well as a cross-cutting theme of advancing mutually beneficial relations with the world. The CPS proposed to support China's cross-cutting theme through South-South cooperation and China's role as a global stakeholder. However, the cross-cutting theme is not reflected in the results framework. The CPS was aligned with China’s 12th Five Year Plan (2011- 2015), which emphasized environmental and social objectives and the need to put China’s economy on a sustainable growth path. The PLR reduced the number of CPS objectives from 11 to 10, and revised several indicators and targets. At the request of the government, World Bank lending was to increase by an annual average of $1 billion during FY16-FY17. iv. At the beginning of the CPS period, total outstanding IBRD lending commitments stood at $11.2 billion, comprising 84 projects mainly in energy, water and sanitation, and transport. During the CPS period, total new IBRD lending commitments amounted to $9.8 billion, comprising 67 projects in infrastructure services including transport, rural-urban, energy, environment, and water and sanitation. In line with the PLR, lending during FY16-FY17 increased by $1 billion annually CLR Reviewed by: Peer Reviewed by: CLR Review Manager/Coordinator Luis Alvaro Sanchez Mauricio Carrizosa Jeff Chelsky IEGEC Consultant IEGEC Consultant Manager, IEGEC Takatoshi Kamezawa, Sr. Albert Martinez Lourdes Pagaran Evaluation Officer, IEGEC IEGEC Consultant CLRR Coordinator, IEGEC For Official Use Only CLR Review 2 Independent Evaluation Group and shifted focus towards inclusion away from infrastructure. Most of the operations were Investment Project Financing (IPF) operations. Around 82 percent of the new financing commitments went to central and western states, as the original CPS design intended. A total of 86 trust funded activities were implemented during the CPS with commitments of $ 2.5 billion, of which $ 1.9 billion were in place before the CPS period. The bulk of the trust fund financing went to energy efficiency, pollution control and the environment. The Carbon Fund, the Global Environmental Fund (GEF) and the Ozone phase-out trust fund provided 87 percent of the trust funding. During the review period, IFC had total net commitments of $3.8 billion, with the largest in the financial sector. v. IEG rates the achievement of CPS objectives as Satisfactory. Of the ten objectives, six were achieved, two were mostly achieved, and two were partially achieved. Strong achievements include reducing carbon consumption and GHG emissions, promoting sustainable agriculture practices, demonstrating sustainable natural management approaches, strengthening skills development programs, improving transport connectivity, and increasing access to improved water and sanitation services in urban areas. Substantial progress was made in increasing access to credit, water and sanitization services and rural roads in targeted areas which is expected to increase opportunities in rural areas and small towns. Progress was made in piloting rural health; but, progress in piloting social protection system came with a delay. Partial progress was made in promoting low-carbon urban transport and demonstrating and disseminating pollution technologies. vi. IEG rates WBG performance as Good. The CPS design was aligned with China’s priorities in the 12th Five-Year Plan (2011-2015) of greener growth and improving inclusion. The lending and ASA programs and the principles of engagement were relevant to achieving the CPS objectives. Emphasis was placed on demonstration projects to facilitate innovation and dissemination. However, selectivity was uneven. The results framework had some shortcomings in objective and indicator formulation and in the setting of baselines and targets. The PLR increased lending to respond to the government’s request and extended the implementation period by six months. However, the PLR could have been used more effectively to improve the results framework by using a consistent set of dates for all the baselines and targets to facilitate better monitoring and implementation of the program. The PLR was also a missed opportunity to better capture the scope of Bank Group interventions during the CPS period which were not fully reflected in the results framework. The risks to the program were well identified and managed. Bank portfolio of active and closed projects performed well compared to EAP and Bank-wide averages. However, IFC’s investment portfolio showed mixed results. ASA work supported innovative designs and knowledge sharing and has been an important driver for replication and scaling up. IFC and the Bank partnered effectively in the delivery of energy efficiency, water and sanitation, and financial services in rural areas. No inspection panel case was reported during the period. INT conducted 26 investigations and substantiated allegations in 24 cases, five of which involved corruption. vii. IEG presents the following lessons: • Leveraging limited Bank Group financing through demonstration pilots can work if there is high government ownership and robust modalities of dissemination supported through ASA work. The CPS design explicitly relied on the preparation of demonstration pilots to test innovative designs for duplication. Various actors played a role in making demonstration work, which took place under different modalities. The central government contributed with regulation and enabling the mobilization of resources through market friendly practices. Strong ownership by local governments further facilitated innovation and replication across states. The banking sector contributed with project evaluation and financing. Companies in energy and others, undertook the investments. Modalities of dissemination include replication and adaptation, lessons feeding into policy and regulatory design, and exchanges among practitioners. ASA played an important role in the design and dissemination. Examples of demonstration and replication are found in energy efficiency, agriculture, rural roads, For Official Use Only CLR Review 3 Independent Evaluation Group water and sanitation, transport, and developing economic opportunities. • Balancing selectivity with demand for WBG products is critical for ensuring realism, accountability, and impact in large country programs. The China CPS sought to be selective by choosing a moderate number of objectives. However, a sizeable portion of the lending and ASA programs did not fully contribute to the CPS objectives and indicators. The demand for knowledge and technical expertise to redress imbalances at the subnational level resulted in dispersion and multiple mid-size operations. To ensure program coherence, the CPS objectives and indicators should guide the allocation of WBG resources for maximum impact. This will facilitate robust design of results frameworks that provide a more transparent picture of the involvement and contribution of the Bank Group. 4. Strategic Focus Relevance of the WBG Strategy: 1. Congruence with Country Context and Country Program. The CPS was organized around two focus areas: (i) supporting greener growth; and (ii) promoting more inclusive development. The CPS included, as a cross-cutting theme, advancing mutually beneficial relations with the world through South-South cooperation and China's role as a global stakeholder. The original CPS objectives were congruent with China’s 12th Five Year Plan (2011-2015), including its environmental, social, and growth sustainability objectives. The CPS objective to shift to sustainable energy was aligned with the Plan’s aim to reduce energy intensity. In turn, this aim addressed the pressure that China’s rapid economic growth has put on the environment and the need to reduce China’s large consumption of carbon for energy generation, and its large contribution to Green House Gasses (GHG). Objectives under Focus Area II were aligned with China’s commitment to reduce gaps in the inclusiveness of social services, skills, and transport connectivity. The cross-cutting theme supported selected aspects of China’s goal to share the lessons from its development transition and participate as a full-fledged and credible global development partner through knowledge and finance. The PLR retained the two focus areas and the cross-cutting theme, but dropped objective 7 under Focus Area I on strengthening institutional and financial mechanisms for climate change, which was deemed an instrument contributing to the delivery of other objectives, such as 1 and 2. It also revised and updated several indicators. 2. Relevance of Design. To achieve its objectives, the CPS deployed a substantive program of lending and advisory work. Principles of engagement included (i) emphasis on innovation through lending and non-lending activities, (ii) shifting investments to interior and western provinces, and (iii) maintaining flexibility given China’s quickly evolving needs. The emphasis on bringing ideas, innovation and knowledge went beyond stand-alone knowledge products to embed knowledge- services in lending, using projects as platforms for knowledge creation and knowledge sharing, and as a mechanism to leverage the relatively limited Bank Group resources. Lending was also to respond to provincial level demand, vetted by national priorities. The CPS committed to support building the capacity of the less developed regions to enhance delivery of results. Bank Group knowledge products were to support South-South knowledge exchanges. Although, the overall link between national goals, CPS objectives and the supporting programs were sound, there were shortcomings. Some objectives were vaguely defined, such as Objectives 1 and 9, weakening the links with their indicators. Lastly, objectives and their indicators did not fully capture the interventions under implementation. Selectivity 3. CPS selectivity was uneven. The ten CPS objectives were aligned with government priorities and addressed the main challenges that China faced. The WBG had developed strong comparative advantage and demonstrated capacity to deliver through extensive work during the previous CPS including on green energy, transport, pollution and environment, and rural development. However, the CPS was far less selective in terms of lending and its ASA program which were not adequately For Official Use Only CLR Review 4 Independent Evaluation Group concentrated on supporting the CPS ten objectives. In effect, the number objectives and their indicators captured only a slice of the Bank Group financing and knowledge program. The effort to be more selective with only 10 CPS objectives was not matched by the choice of Bank Group interventions which were not fully reflected in the CPS results framework. Alignment 4. The CPS design was aligned with the twin corporate goals of eliminating extreme poverty and boosting the income of the bottom 40 percent of the income distribution in a sustainable manner. The objectives under Focus Area II targeted poverty reduction and greater inclusion. Objective 8 sought to increase opportunities in rural areas through greater connectivity, access to finance, and economic activity. During the implementation of the CPS, attention to social assistance mechanisms in rural areas increased. Objective 10 targeted support to linking lagging regions to opportunities through an ambitious national railway initiative. Objective 7 focus on health included improving institutions and access to services in targeted areas. Focus Area I on green growth contributed to inclusion through access to improved water and sanitation services in urban areas, adoption of new technologies in agriculture, community-based approaches to forest management, and safer urban transport. Around 82 percent of new lending went to the lagging regions in central and western states. 5. Development Outcome Overview of Achievement by Objective: Focus Area I: Supporting Greener Growth 5. Focus Area I had six objectives: (i) shifting to a sustainable energy path; (ii) enhancing urban environmental services; (iii) promoting low-carbon urban transport; (iv) promoting sustainable agriculture practices; (v) demonstrating sustainable natural resource management approaches; and, (vi) demonstrating pollution management measures. Objective 1: Shifting to a Sustainable Energy Path 6. Objective 1 was supported through several lending operations, ASA and IFC advisory program. This objective had two indicators. • Associated cumulative energy savings from energy efficiency investments (million tons of coal equivalent (mtce)) from 0 (2011) to 10 mtce (2016). Several Bank operations contributed to cumulative energy savings from energy efficiency investments of at least 73 mtce by the end of the CPS period. The operations contributing to this indicator include: Provincial Energy Efficiency Scale-up project (FY11); Energy Efficiency Financing 1 (FY08); and, Energy Efficiency Financing 2 (FY10). ASA supported the achievement of this objective including: Low Carbon City in Shanghai (FY14); China Energy Regulation to Integrate Climate Change considerations (FY15); Developing an Innovative Energy Efficiency Financing Mechanism in China (FY16); and, Developing Low-carbon Strategy for Shenzhen (FY16). Achieved. • GHG emissions expected to be avoided (metric tons/year), from 0 to 20 million (IFC). Neither baseline nor target dates were provided. IFC’s overall interventions contributed to reducing GHG emissions by 21.2 million tCO2/year by the end of CPS period. IFC’s phase I and II of the Climate Finance Advisory Program (or CHUEE) contributed 19 million tCO2/yr of reduced GHG emissions. Bank projects also contributed to reduce GHG emissions. The ICRR for the Provincial Energy Efficiency Scale-up project (FY11) reports reduction of 174 million tons CO2 emission reduction as of December 2016. The combined contribution of the Bank Group is around 200 million tCO2/year. Achieved. 7. The objective of shifting to a sustainable energy path is vaguely formulated. The CPS clarifies that the objective seeks to address three main challenges that China faced: energy security, environmental sustainability, and sector efficiency. The indicators measure progress in addressing For Official Use Only CLR Review 5 Independent Evaluation Group efficiency and environmental sustainability by reducing the use of carbon and GHG emissions. Still, China’s emissions, at around 9.8 Gt CO2 in 2017 remain the highest in the world. The contribution of the WBG to overall national GHG emissions reductions stood at around 2 percent. IFC and the Bank cooperated in the development of innovative market-based approaches, including with the banking sector to finance energy efficiency investments, as well as to develop the institutions to measure and track progress in addressing the environmental challenges. Objective 1 was Achieved. Objective 2: Enhancing Urban Environmental Services 8. The objective was supported by several operations, ASA and IFC engagements in the water sector. The objective had four indicators. • People with access to improved water supply in more than 50 targeted small towns and cities, from 1.72 million (2011) to 6.5 million (2016) (WB); and, from 4.6 million (2010) to 5.0 million (2014) (IFC). The CLR reports 15 million beneficiaries (WB) and 3.5 beneficiaries (IFC). IEG estimates that several Bank operations contributed to improved water supply access of at least 7.4 million beneficiaries, by 2016, an increase of 5.7 million since 2011, above the expected increase of 4.8 million. Information from the region indicates that an additional .7 million people had access to improved water with support from IFC Sound Project from 2012 to 2014, above the .4 million increase foreseen in the CPS. The World Bank operations contributing to this indicator include the following: Shanghai Urban APL 3 (FY09); Shandong Environment 2 (FY07); and, the Henan Towns Water (FY06). IFC projects contributing to this indicator include: United Water Sound; and the AS CHUEE Water (FY13). Achieved. • Targeted towns and cities with at least 70% of municipal wastewater treated annually from 0 to 25 (2016). IEG estimates that 24 new towns and cities had reached at least 70 percent of municipal waste water treated annually by 2016. The World Bank operations contributing to this indicator include: Han River Urban Environment (FY08); Liuzhou Environment Management II (FY11); and Shanghai Urban APL 2 (FY05). Achieved. • People with access to improved wastewater management services (number) from 554,000 (2011) to 6.7 million (2016). Several Bank projects contributed to improving access for at least 8.4 million people to improved waste management services by 2016—indicating a net increase of 7.8 million people during the CPS period. Moreover, the November 2016 ISR for Shanghai Urban APL 3 (FY09) reports 6.7 million additional beneficiaries of combined water supply and sanitation services by 2016. The World Bank operations contributing to this indicator include the following projects: Nanning Urban Environment (FY10); Liuzhou Environment Management II (FY11); Guangdong/PRD Urban Environment 2 (FY07); and, Yunnan Urban Environment (FY09). Achieved • Targeted cities with at least 90% of waste collected and disposed (number) from 0 to 8 (2016). A date for the baseline was not provided. IEG verifies that twelve cities/municipalities had reached at least 90 percent of waste collected and disposed by 2016. The World Bank operations contributing to this indicator include Shandong Environment 2 (FY07). Achieved 9. Targets to increase access to improved water and sanitation services were met and contributed to enhance urban environmental services. IFC contributed to improved water supply and mobilized the private sector in addressing the water supply-demand gap in China by enabling enterprises to adopt water saving technologies. The findings and lessons from WBG interventions generated knowledge relevant to the delivery of sustainable services in medium and small urban environments. The China: Efficient, Inclusive and Sustainable Urbanization Study (FY15) analyzes the challenges in China of creating sustainable urban environments, and has been followed by ASA work on urban sustainability and competitiveness. Objective 2 was Achieved. Objective 3: Promoting Low-Carbon Urban Transport. 10. The objective was supported by several Bank operations and ASA. This objective had one indicator. For Official Use Only CLR Review 6 Independent Evaluation Group • Demonstration corridors successfully meeting public transport ridership, peak hour travel time and road safety targets from 0 to 25 corridors in 15 cities (2016). By 2016, 15 demonstration corridors in 14 cities succeeded in at least one of the three criteria: ridership, peak hour travel time, and road safety targets. The World Bank operations contributing to this indicator include: Anhui Medium Cities Urban Transport (FY10); Nantai Island Peri-Urban Development (FY06) and, Liaoning Medium Cities (FY06). Supporting ASA products include: Low-carbon Eco-city Financing Models and Low-carbon Industry Development (FY15); Urban Transport Programmatic Knowledge Management Platform (FY15); and, Learning from Best International Practice in Smart Transport and Energy Efficiency. Partially Achieved 11. The intended number of demonstrations promoting low-carbon urban transport through greater public transport ridership, lower travel times and greater road safety did not reach its target. The CLR informs that, although the number was below target, these pilot demonstrations have contributed to national policies on urban transport that encourage local governments towards mass transit systems. For example, the ASA on Urban Transport Programmatic Knowledge Management Platform (FY15) is seeking to share China’s experiences within China and the rest of the world. Objective 3 was Partially Achieved. Objective 4: Promoting Sustainable Agriculture Practices 12. Objective 4 was supported by several operations, ASA products and IFC investments. This objective had two indicators. • Households and farms adopting targeted innovative sustainable practices (number) from 0 (2011) to 450,000 (2015). The CLR reports 643,000 households and farmers, as of 2015. IEG validates that 510,000 households and farmers adopted innovative sustainable practices from 2011 to 2015. The World Bank operations contributing to this indicator include the Smart Agriculture Project where, by June 2014, 444,000 thousand households and farms installed biogas packages that reduced smoke, increased incomes and reduced greenhouse emissions by 785,000 tCO2e as of June 2014. ASA support for this indicator included Food Safety Engagement (FY13). From 2013 to 2017, IFC projects supported an annual average of 388,445 households and farms further contributing to the delivery of this indicator, Achieved • Area where innovative sustainable practices have been demonstrated (ha) from 0 (2011) to 100,000 ha (2015). Several innovative and sustainable practices have been demonstrated on at least 211,000 hectares by December 2015, of which 56,000 were demonstrated before the CPS period. The World Bank operations contributing to this indicator include: Changjiang/Pearl River Watershed Rehabilitation (FY06); Mainstreaming Climate Change Adaptation in Agriculture (FY08); Guangdong Agricultural Pollution Control (FY14); and, Integrated Modern Agriculture Development (FY14). ASA support includes: Adaptation Economics in Water and Agriculture (FY13) Achieved 13. The indicators measured the adoption of additional agricultural practices that increase productivity while generating local and global benefits such as the adoption of bio mass technologies and improved water management practices. The two targets were achieved. The CLR informed that pilots to reduce agriculture and non-point source pollution are now commonly used. Objective 4 was Achieved Objective 5: Demonstrating Sustainable Natural Resource Management Approaches 14. Objective 5 was supported by several operations and ASA. This objective had four indicators. • Targeted forest and range-land area rehabilitated and restored through successful demonstration of sustainable forest management models (ha) from 0 (2011) to 400 thousand ha (2016). The total forest and range-land area rehabilitated and restored through successful demonstration of sustainable forest management models was 472,000, as of 2016, from a baseline of zero in 2011The World Bank operations contributing to this indicator include the following projects: Integrated Forestry Development Project (FY11); Shandong Ecological For Official Use Only CLR Review 7 Independent Evaluation Group Afforestation (FY10); Guangxi Integrated Forestry Development and Conservation Project (FY06); and, Hunan Forest Restoration and Development (FY13). Key ASA work includes: State Forest Reform NE China (FY14); and, Gender-Dimensions of Collective Forest Tenure Reform in China (FY16). Achieved • Targeted watershed area treated to reduce soil erosion from 0 (2010) to 1,800 km2 (2015). The target was achieved (from a baseline of zero), based on information from operations supporting this indicator as follows: Soil erosion reduction in 1,769 km2 was achieved as of June 2012 per ICRR for Changjiang/Pearl River Watershed Rehabilitation (FY06). In addition, the ICRR for the CN Xining Flood and Watershed Management project reports soil erosion reduction and water conservation measures were applied in102 km2 as of 2015 Achieved • Groundwater overdraft reduced in Turpan basin (million m3) from 0 (2011) to 3.75 (2016). The ICRR for the Xinjiang Water Conservation Project (FY10) reports that the groundwater overdraft in Turpan basin was reduced by 3.75 million. Target was met as of June 2017, after the target date. Achieved • People protected from flooding (number) from 0 (2011) to 6.5 million (2016). Total number of people protected from flooding was 10.8 million people in 2016 (from zero in 2011). The World Bank operations contributing to this indicator include Huai River Basin Flood Management and Drainage Improvement (FY11) project, which protected 7.43 million additional people from flooding as of December 2016. Achieved 15. The Bank succeeded in supporting the demonstration of sustainable resource management approaches on forest rehabilitation, reduction of soil erosion and groundwater overdraft, and protection from flooding. The demonstrations tested a wide variety of approaches to sustainable resource management, including some with community participation. The CLR notes that the experience with community participatory methods in the management of natural resources informed China’s Poverty Alleviation Strategy. Objective 5 was Achieved. Objective 6: Demonstrating Pollution Management Measures. 16. Objective 5 was supported by the several operations and ASA products: This objective had one indicator. • Successful demonstration of clean up/pollution reduction measures (e.g. adoption of Best Available Technology (BAT) in municipal incinerators and pulp and paper mills) from 0 to 6 (2016). No baseline date was provided. The CLR reports on three pilot demonstrations that adopted best practices in the paper industry. The November 2016 ISR for the Dioxins Reduction from the Pulp and Paper Industry (FY12) reports two successful demonstrations in reducing chemical discharges in targeted paper mills during the CPS period. Supporting ASA work includes: Air Quality in China (FY15); Assistance to Ministry of Environmental Protection in Capacity Building (FY15); Application of Strategic Environmental Assessment at Sectoral Level (FY15). Partially Achieved 17. The indicator did not fully capture the Bank’s work on pollution, such as on Ozone Depleting Substances (ODS) under the Montreal Protocol and supported with two Ozone Phase Out trust funds, and reduction of non-point source (NPS) pollution across rural China. No information is available of the impact or replication of the paper industry pilots. Objective 6 was Partially Achieved. 18. Focus Area I on supporting greener growth is rated as Moderately Satisfactory. Of the six objectives, four were achieved and two partially achieved. The expected contribution to increase energy efficiency and reducing gas emissions surpassed the targets. IFC and the Bank cooperated in developing innovative market-based approaches, including with the banking sector to finance energy efficiency investments. These efforts have contributed to enlarge the global knowledge on energy efficiency and GHG emissions. The pilot demonstrations of sustainable agricultural practices were delivered and were reported to have been adopted. The pilots on sustainable natural resource For Official Use Only CLR Review 8 Independent Evaluation Group management measures were delivered and the community-based management of natural resources has informed poverty alleviation policies. Considerable gains were made in expanding improved water and sanitation services in urban areas. The intended number of demonstration pilots on low- carbon transport were only partially delivered. Partial progress was made in demonstrating pollution management practices, but no information is available of their replication, or mechanisms in place to track and promote their replication. Focus Area II: Promoting More Inclusive Development 19. Focus Area II had four objectives: (i) increasing access to quality health services and social protection programs; (ii) strengthening skills development programs, including for migrants; (iii) enhancing opportunities in rural areas and small towns; and, (iv) improving transport connectivity for more balanced regional development. Objective 7: Increasing Access to Quality Health Services and Social Protection Programs. 20. Objective 7 was supported by several operations and ASA. This objective had three indicators. • Additional population with access to primary health care services at community level in targeted service areas, from 0 (2010) to 280,000 (2016). Per the November 2016 ISR for Chongqing Urban-Rural Integration project (FY12), 415,000 additional people had gained access to primary health care services at the community level in targeted service areas by October 2016. Relevant ASA in support of this objective included: Early Child Development (FY14); Deepening China’s Pension System Reform (FY14); and Options for Aged Care in China (FY16). Lessons from the pilot engagements informed national agenda on health. Achieved • Public Health System scorecard rating for targeted counties, from 61.78 (2008) to >80 (2016). According to the ICRR for Rural Health Project, the public health scorecard increased to 90.2 points by the end of 2014. The public health scorecard covered a comprehensive range of inputs and outputs to measure the impact of rural health services and promotion of preventive care. Achieved. • Share of prefectures in Guangdong exchanging social insurance beneficiary data through integrated provincial MIS, from 0% (2013) to 60% (2016). According to the February 2018 ISR for Guangdong Social Security Integration and Rural Worker Training (FY13), 20 percent of the prefectures in Guangdong were using the new integrated provincial MIS at of the end of 2016, and 30 percent at the end of 2017. Partially Achieved 21. Access to primary health care services in targeted areas was achieved. The Public Health System scored card tracked significant improvements in rural health service delivery across a wide range of input and output indicators. The CLR informed that the lessons on improving access to primary health care have contributed to the operationalization of healthcare reforms and the basis for the preparation of the PforR Health Service Delivery Reform Project (FY17). The indicator on social protection was narrowly focused on processing and exchanging social insurance beneficiary data and only partial progress was made during the CPS. Overall, the indicators did not capture well the broader scope of the objective. Objective 7 was Mostly Achieved. Objective 8: Strengthening Skills Development Programs, Including for Migrants. 22. Objective 8 was supported by several projects and ASA. • Graduates who pass skill certification exams in targeted institutions from Liaoning (LN): 90%; Shandong (SD):93.5%; Guangdong (GD): 70%; Yunnan (YN): 84% (2010), to: LN: 96%; SD:98%; GD: 85%; YN: 93% (2015). Targets for LN, SD, and GD were achieved in 2015 as planned. The target for YN was achieved with a delay in September 2016. The World Bank operations contributing to this indicator include: Liaoning and Shandong Technical and Vocational Education (FY10); the Guangdong Technical and Vocational Education (FY09); For Official Use Only CLR Review 9 Independent Evaluation Group and, Yunnan Technical and Vocational Education and Training project (FY12). Relevant ASA includes: Skills Development in Yunnan Province (FY13). Achieved • Graduates finding initial employment within 6 months of graduation (%) from LN:72%; SD 73.4%; GD: 34%; YN: 58% (2010), to: LN: 82%; SD:88.2%; GD: 56%; YN: 75% (2015). As per the ICRR for Liaoning and Shandong Technical and Vocational Education (FY10), and the January 2016 for Yunnan Technical and Vocational Education and Training (FY12), the targets for LN, SD, YN were met on time. According to the ICRR to the Guangdong Technical and Vocational Education (FY09) the target for Guangdong was met on time. Achieved • Migrant trainees successfully completing targeted vocational training programs in project schools (%) from 84% (2011) to: 96% (2014). Per the ICR for Rural Migrant Skills Development and Employment (FY 08), 98 percent of 130,000 trained migrant students graduated by the end of 2014. Achieved 23. The objective was broadly defined, but the indicators cover only four provinces. IFC helped demonstrate vocational education solutions from a private sector perspective. Objective 8 was Achieved. Objective 9: Enhancing Opportunities in Rural Areas and Small Towns. 24. Objective 9 was supported by several projects, ASA, and IFC. This objective had four indicators. • People with access to safe water supply and sanitation in targeted rural area from 40,392 Anhui, Chongqing, Guangxi (2011), and 378,000 (Shaanxi, Sichuan) (2011) to (150,000 Anhui, Chongqing, Guangxi (2014), (ii) Shaanxi – 326,716 (2012), Sichuan – 258,000 (2012). The targets were met for Shaanxi and Sichuan by 2013. The targets for Shaanxi and Sichuan were met on time. Regarding Anhui, Chongqing, Guangxi, the information could not be verified for Chongqing and Guangxi. Only information on Anhui is available. The World Bank operations contributing to this indicator include: Anhui Yellow Mountain New Countryside Demonstration (FY13), Anhui Xuancheng Infrastructure for Industry Relocation (FY13); and, Western Region Rural Water & Sanitation (FY07). The target for Anhui was set early in the CPS period, although the supporting project spanned the duration of the CPS. Mostly Achieved. • People in targeted rural areas with access to all-season roads, from 950,000 (Ningxia, Fujian, Guiyang) (2010), to (i) Ningxia - 240,000 (ii) Fujian - 1,250,000 (iii) Guiyang 110,000 (2016). Access to all-season roads were reported for Ningxia (240,000 people) as of December 2014; Fujian (1.3 million people) as of June 2015; and Guiyang (200,000 people as of 2013. Achieved • Increase access to financial services for Micro Finance Clients from 0 to 7 million in 2016 (IFC). A baseline date was not provided. The IFC reach database reports that there were 6.8 million outstanding MSME loans as of 2016, an increase from 1.5 million outstanding MSME loans in 2013. IFC also supported a Financial -Technology company in rural areas, with a total of 9.7 million customers, most of them micro-finance clients as of 2016, an increase from 4 million customers in 2013 when IFC made the investment in the company. The net increase in access was 11 million during the CPS period, above the targeted increase of 7 million in 2016. Relevant ASA products include: Inclusive Finance Academy in China (IFA) (FY15); Promoting Access to Finance through Strengthening Rural Credit Cooperatives System (FY15); China Financial Reform Strategy Report (FY15); and, Financial Consumer Protection and Financial Literacy in China (FY16) Achieved • People benefitting from improved access to services and income generating activities by 2015, from 0 to 715,000 people in 25 counties in Henan, Chongqing and Shaanxi. By December 2015, 1.76 million people benefitted from improved access to services and income generating activities in Henan, Chongqing and Shaanxi. By October 2016, additional 735,000 For Official Use Only CLR Review 10 Independent Evaluation Group benefited. Overall, 2.48 million people benefitted from improved access to services and income generating activities in Henan, Chongqing and Shaanxi from 2010, when the supporting projects were approved to by 2016. The World Bank operations contributing to this indicator include: Sustainable Development in Poor Rural Areas (FY10) and Chongqing Urban-Rural Integration (FY10). Achieved 25. This objective is broadly defined, and the indicators covered a wide range of access dimensions including water and sanitation, roads, access to finance and economic opportunities which is expected to contribute to enhancing opportunities in rural areas and small towns. Moreover, the indicators cover only a part of a broader World Bank engagement in roads, water and sanitation, and economic opportunities in other regions. Bank and IFC work extended support beyond access to finance to cover regulatory and institution building issues. Objective 9 is Mostly Achieved. Objective 10: Improving Transport Connectivity for More Balanced Regional Development. 26. The objective was supported by several operations, and ASAs. This objective had four indicators. • Reduction in transit times on railway sections connecting less developed regions with more developed (%, min) (i) Sanyanqiao – Litang West: 72% (450 min) (2015) (ii) Guiyang – Guangzhou: 78% (1170 min) (2016); (iii) Liupanshui - Qujing: 47% (105 min ) (2012); (iv) Shijiazhuang – Zhengzhou: 61% (120 min) (2013). The CPS/PLR did not provide baselines for this indicator. Drawing on three ICRRs and one ICR of supporting projects, IEG verifies that three targets were met on time and one, Shijiazhuang – Zhengzhou, with delay, in 2015. The World Bank operations contributing to this indicator include the following: NanGuang Railway (FY09); Guizhou-Guangzhou Railway (FY09); 3rd National Railway (FY07); and, ShiZheng Railway (FY08). Achieved • Increase in railway capacity (train pairs/day) (i) Sanyanqiao – Litang West: 185% (2015); (ii) Guiyang - Guangzhou: 400% (2016); and (iii) Liupanshui - Qujing: 61% (2012). Drawing on the CLR and the supporting projects to reconstruct baselines, IEG verifies that all targets have been met. The World Bank operations contributing to this indicator include the following: NanGuang Railway (FY09); Guizhou-Guangzhou Railway (FY09); and 3rd National Railway (FY07). Relevant ASA products include: Rail Financial Futures Analysis (FY13); Regional Economic Impact Analysis of High Speed Rail in China (FY15); Railway Equity Finance (FY16). Achieved. • Annual volume of cargo along targeted waterways (i) Shaying river (passing Yingshang Lock) from 0.17 million ton (2009) to 3.07 million ton (2015). The target was met on time. Per the November 2015 ISR for Anhui Shaying River Channel Improvement project), annual cargo volume along Shaying river increased to 13 million tons per year. The October 2012 ISR for the same project reports 1 million tons; the increase during the CPS was 12 million tons above the expected increase. Achieved • Travel time reduction on targeted road corridors (i) Yongan (Fujian) – Wuping (Guangdong border): 67% (2013) (ii) Qingtongxia –Guyaozi (Ningxia):60% (2015) (iii) Yichang – Badong (Hubei):travel time is 2.5 hours or less (2015). Drawing on CLR information and supporting projects, all targets were met on time. The World Bank operations contributing to this indicator include the following: Fujian Highway Sector Investment project (FY07); Ningxia Highway (FY10); and, Hubei Yiba Highway (FY09). Achieved. 27. The World Bank Program contributed to improving internal connectivity through investments in railways, roads and waterways. Railway investments were part of a broader national efforts that led to a substantive expansion in the railway network of during the CPS period. The investments supported under the CPS connected underdeveloped to more developed regions; however, the CLR does not report on how the impact of these investments is contributing to a more balanced regional development. Objective 10 was Achieved. 28. Focus Area II on promoting more inclusive development is rated as Satisfactory. Of the four For Official Use Only CLR Review 11 Independent Evaluation Group objectives, two were achieved, and two were mostly achieved. WBG contributed to a broader national effort of improving internal connectivity in railways, highways and waterways. The contribution to skills development was on target, although the scope of the engagement was limited. WBG contributed to rural development through local roads, credit, and water and sanitation services. Achievements on improving access to health were met and produced valuable lessons. Progress was made in piloting the integration of social protection information, but with a delay. Several indicators had missing baseline dates or baseline dates from the supporting projects. Overall Assessment and Rating 29. IEG rates the achievement of CPS objectives as Satisfactory. Of the 10 objectives, six were achieved, two mostly achieved, and two partially achieved. Strong achievements included reducing carbon consumption and GHG emissions, while mobilizing investment through market mechanisms; better internal connectivity for less developed regions through railways, roads and waterways; adoption of sustainable agricultural practices that contributed to reduce emissions; and, sustainable national resource management in water management, soil erosion and forests practices. The targets on opportunities to acquire skills, including for migrants, were met, although the scope of the engagement was limited. The Bank and IFC contributions to greater access to improved water and sanitation services met expectations. Solid advances were made in piloting rural health service delivery, but progress in piloting integrated information management of social protection came with a delay. Populations in targeted rural areas benefited from greater access to credit, water and sanitization services and rural roads. Partial progress was made in promoting low-carbon urban transport. The intended demonstrations for low-carbon urban transport and for pollution control was only partially achieved. No major shortcomings have been identified. Objectives CLR Rating IEG Rating Focus Area I: Supporting Greener Growth Satisfactory Moderately Satisfactory Objective 1 Shifting to a Sustainable Energy Path Achieved Achieved Objective 2 Enhancing Urban Environmental Achieved Achieved Services Objective 3 Promoting Low-Carbon Urban Transport Partially Achieved Partially Achieved Objective 4 Promoting Sustainable Agriculture Achieved Achieved Practices Objective 5 Demonstrating Sustainable Natural Achieved Achieved Resource Management Approaches Objective 6 Demonstrating Pollution Management Partially Achieved Partially Achieved Measures. Focus Area II: Promoting More Inclusive Satisfactory Satisfactory Development Objective 7 Increasing Access to Quality Health Mostly Achieved Mostly Achieved Services and Social Protection Programs Objective 8 Strengthening Skills Development Achieved Achieved Programs, Including for Migrants Objective 9 Enhancing Opportunities in Rural Areas Achieved Mostly Achieved and Small Towns Objective 10 Improving Transport Connectivity for Achieved Achieved More Balanced Regional Development 6. WBG Performance Lending and Investments 30. At the beginning of the CPS, 84 projects were under implementation with total IBRD For Official Use Only CLR Review 12 Independent Evaluation Group commitments for $11.2 billion, with 70 percent of these resources concentrated in energy, water and sanitation, and transport. During the FY13-F16 period, 54 projects were approved with total IBRD commitments of $7.6 billion, of which 83 percent were allocated for transport (16 projects); rural- urban (13 projects), energy (5 projects), environment (4 projects), and water and sanitation (6 projects). During the extension approved at the time of the PLR, 13 operations were approved for a total of $2.2 billion. In line with the PLR, lending increased from an annual average of $1.6 billion in FY13-FY15 to $2.5 million in FY16-FY17, as intended. In FY17, new lending shifted towards inclusion and away from infrastructure, with 65 percent of new lending going to health, social assistance and agriculture. Most of the operations were Investment Project Financing (IPF). Towards the end of the period, two Development Financing operations (on regional fiscal sustainability) and three PforRs were approved. Most projects were implemented with local governments. IEG estimates that 82 percent of the new financing supported western and central regions, with lower levels of development. Eighty-six trust funds were drawn on during the CPS with commitments $ 2.5 billion, of which $ 1.855 billion were in place before the CPS period. The trust fund resources supported energy efficiency and environment agenda. The Carbon Fund, the Global Environmental Fund (GEF) and the Ozone phase-out trust fund provided 87 percent of the trust funding. 31. China’s portfolio at exit compares favorably with EAP and Bank-wide averages. During the CPS period, IEG evaluated 68 projects. The percentage of projects rated as Satisfactory or above was 50 percent, as Moderately Satisfactory 38 percent and as Moderately Unsatisfactory or below 12 percent. Overall, the rating of Moderately Satisfactory or above was 91.4 percent by commitment size and 88.2 percent by number. The corresponding percentages for EAP were 86.8 and 78.3 percent and for the Bank 83.6 and 72.1 percent, respectively. The percentage of projects with moderate or lower risks to development outcomes is higher for China (54.1 percent) than the Bank-wide average (41.8 percent) and for EAP (53.7 percent.) Weighted by commitments, the corresponding percentage for China (49.5 percent) is higher than the averages for the Bank (48.2 percent) but lower for EAP (55.7 percent). 32. China’s active portfolio performs better than the averages for the Bank and EAP. The average percentage of projects at risk for China (18 percent) is lower than EAP (19 percent) and the Bank (24 percent). The average percentage at risk weighted by commitments for China (17 percent) is the same as EAP (17 percent) and is lower than for the Bank (24 percent.) Good implementation performance was due in part to an active partnership between the authorities and the World Bank in identifying constraints, including complexity of design, lack of local capacity, and safeguard compliance. The CLR reports that early in the CPS period (2014), the Bank took stock of the implementation challenges, focusing on low performing projects. Thereafter, the Bank and the Government engaged regularly in results-based joint portfolio reviews. 33. During the review period, IFC made total net commitments of S$3.8 billion with average annual investments of $580 million. IFC’s investments in the financial sector were the largest, with $1.4 billion during the review period or 39 percent of total net commitments. The largest project was IFC’s $286 million investment in a financial sector client in FY15. IFC’s average outstanding short- term commitments under the Global Trade Finance Program (GTFP) were $260 million. IFC has not extended short term guarantees to any Chinese financial institution since FY16. 34. During the review period, IFC’s investment portfolio showed mixed results. IEG validated 18 Expanded Project Supervision Reports (XPSRs) of IFC investment projects through EvNotes. Of the 18, only 8 projects (or 44.4%) were rated Mostly Successful or better for Development Outcome (DO). IFC was successful in supporting a FinTech startup to develop its business with rural banks and adding value to IFC’s global relationship client’s engagement in the health sector. However, IEG assigned Highly Unsuccessful DO ratings to three projects. For one manufacturing project, changes in government policies and incentives were the major reason for the project’s failure. Another manufacturing project was unsuccessful due in part to inadequate IFC due diligence. 35. During the review period, MIGA underwrote a $10 million guarantee for the water and wastewater sector in FY16. For Official Use Only CLR Review 13 Independent Evaluation Group Analytic and Advisory Activities and Services 36. The Bank delivered 69 ASA products during the CPS period, of which 16 were Economic Work (ESW). ASA contributed in various ways to the CPS objectives. On energy efficiency and GHG emissions, ASA contributions include integrating climate change considerations into energy regulation, and developing energy efficiency financing mechanisms, including working with banks to finance energy efficiency and with client companies to reduce their carbon imprint. These contributions combined with a flexible approach to project design facilitated innovation, scaling up and dissemination. ASA focused on building sustainable urban environments. The Efficient, Inclusive and Sustainable Urbanization Study (FY15) identified challenges and solutions and has been followed by other several related work on urban sustainability and competitiveness. The China-World Bank Transport Transformation and Innovation Knowledge Platform ("TransFORM") is facilitating the dialogue amongst practitioners in China and abroad. ASA work on access to finance contributed to advances in financial inclusion, including in rural areas. The Bank supported the People’s Bank of China in the preparation of Financial Sector Inclusion Plan. Notably, various ASA products supported improving the capacity of local government, these include: Municipal Financing and Debt Management, Sub-national Government Financing, Subnational Public Finance and Debt Management; Urban Management Capacity Support and Sustainable Financing for Small Towns infrastructure Development. Some ASA work, although not directly related to CPS objectives, informed government policy and included extensive work on aging and a Financial Sector Assessment Program (FSAP). The Bank worked with the Development Research Center of China’s State Council to deliver ESW. 37. During the review period, IFC approved 10 new AS projects amounting to $19.1 million of IFC funds. IFC AS advised on access to finance, promoted green finance through the China Climate Finance Advisory Program, and improved the capacity of PPP transaction of local governments. IEG validated four Project Completion Reports (PCRs) of AS project during the review period and assigned Highly Successful Development Effectiveness rating to one project, Mostly Successful ratings to two projects, and Mostly Unsuccessful rating to one project. However, the sample size is small, and the success rate of 75% should be treated with caution. With the joint IS-AS operation, IFC added value to its microfinance clients to make a successful transition to commercial financial institutions. Results Framework 38. The CPS objectives addressed well-identified constraints to advancing national goals of poverty eradication, improving inclusion and supporting China transition to a more sustainable growth path. The links between country goals, constraints, objectives and supporting program were broadly clear, with some shortcomings. First, some vaguely defined objectives weakened the link with their indicators. For instance, under objective 1, the connection between the objective of shifting towards a more sustainable energy path and indicators centered on controlling GHG emissions is not straightforward. Second, objectives and indicators did not fully reflect the full range of interventions supported by the Bank Group. In several cases, only few projects contributed to the delivery of the indicators and, as a result, the impact of many projects and ASA was not captured. Third, the setting of baselines and targets was very uneven. In several cases, baselines were not provided, or they were set considerably before the CPS programs. In other cases, the target dates were set at the very beginning of the CPS, meaning that follow-up work during the CPS was not captured, or the CPS used project baselines (instead of program baselines). Fourth, the PLR missed the opportunity to improve to results framework including providing a consistent set of CPS dates for baselines and targets, and better capture the contributions of the Bank Group’s lending and ASA program during the CPS period. Partnerships and Development Partner Coordination 39. Neither the CPS, the PLR nor CLR discussed the Bank’s work with other development partners in supporting China address its development challenges. This is surprising given that other development partners, such as Asian Development Bank (ADB), implemented programs with a coverage like the World Bank Group. The IMF and the World Bank cooperated in the production of For Official Use Only CLR Review 14 Independent Evaluation Group the 2016 FSAP. One important partnership is the support the WBG provided to China as global development partner. These efforts covered selected aspects of China’s efforts and involvement as a global development partner. These included the establishments of the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB). The World Bank is actively co- financing projects with AIIB. The World Bank Group helped develop the private sector lending capacity in AIIB and NDB. In 2015, a single donor trust fund administered by the WBG and financed by China was launched in support of poverty reduction efforts. The joint work has allowed WBG to advise the Chinese Government about best practices that will enhance China’s role as global development partner. The Bank worked with the Development Research Center of China’s State Council to deliver analytical work. Safeguards and Fiduciary Issues 40. During the CPS period, 67 of the 68 projects validated by IEG covering several practices (governance, water, transport, energy and extractives, agriculture, health nutrition and population, education, social, urban, rural and resilience, and environmental and natural resources) applied environmental and social safeguards requirements. The CLR did not explicitly assess safeguards compliance. According to individual project ICRs, ICRRs and available Project Performance Assessment Reports, safeguards issues were mostly related to airborne dust, noise, traffic dispersion waste management, land acquisition, temporary or permanent displacement, loss of asset and income generating activities, among others. In these cases, the Bank and the government provided timely course correction and design adjustments. Overall, project documentation indicates that all safeguards issues were resolved, and safeguards policies were complied with. No inspection panel investigation was registered for China during the CPS period. 41. During the period FY 13 -18, INT conducted 26 investigations and substantiated allegations in 24 cases, over half of which occurred in the Water global practice (13 cases). Apart from these Water cases, INT substantiated alleged misconduct through six investigations in the Social, Urban, Rural, and Resilience global practice, which comprised the next highest total, by global practice, followed by Transport (3 cases) and Energy (2 cases). A majority of the cases that substantiated misconduct involved fraudulent financial or performance or supplier certificates presented by bidders during procurement of civil works and consultancy contracts. These actions were at times coupled with other forms of misconduct, including collusion among a group of bidders, or other integrity- related issues, such as conflict of interest involving officials. In five of the substantiated cases, corruption was involved. All the cases in which INT substantiated misconduct involved subnational level implementation arrangements. Meanwhile, although there were several red flags indicating integrity-risks in two of the cases, INT did not substantiate alleged misconduct upon completing investigations in two different subnational projects. Ownership and Flexibility 42. Government ownership of the CPS program was high and the authorities allocated needed human and financial resources to facilitate implementation of the program. Ownership at the local level was facilitated by the fact that the projects were demand driven. Flexibility was embedded in project design to facilitate learning and innovation. The central government provided an enabling environment for the private sector in mainstreaming environmental priorities in energy, transport and banking. The government also contributed and actively participated in the preparation of knowledge products. The PLR reflected Bank Group flexibility by expanding the CPS period by six months, to facilitate alignment with China’s 13th Five-year Plan (2016-2020). At the request of the Government, the World Bank increased the and lending envelope by $1 billion for FY16 and FY17. The PLR revised the program, and dropped objective 7 of Focus Area I, which focused on the mobilization of resources for climate change, already an instrument included in Objective 1 and others. WBG Internal Cooperation 43. The WBG institutions collaborated around several objectives, and included work on ASA and AS. On Objective 1, IFC and the Bank worked together on engaging the private sector in the energy sector in green investments. On Objective 2, the Bank and the IFC collaborated in mobilizing private For Official Use Only CLR Review 15 Independent Evaluation Group sector investment in urban areas for environmental services, including water and sanitation. On Objective 9, both institutions worked together on access to financial services and the modernization of micro-finance institutions. IFC’s contributions are well reflected in the results framework for these objectives. Several collaborations contributed indirectly to several objectives, such as IFC and the World Bank support for the development of the Public Private partnerships in China. Risk Identification and Mitigation 44. Risks were well identified in the CPS and the PLR and the mitigation measures were appropriate. The CPS identified risks arising from the external environment, subnational fiscal performance, social tensions and quality of growth, vested interests slowing down needed reforms, and the ability of the WBG to deliver innovation and cutting-edge knowledge. The CPS rated these risks as moderate, given China’s strong capacity, its track record in implementing WBG programs, and high level government ownership. The PLR confirmed the moderate rating. No component under the Systematic Operations Risk-taking tool (SORT) was rated higher than moderate and hence no formal mitigation measures were required. The PLR identified areas where risks were rising: (i) complexity of project design; and (ii) difficulties in mobilizing counterpart funding due to slowing fiscal revenues and implementing reform measures to limit local borrowing. To address the complexity of project design, the Bank worked closely with counterparts through joint identification of problems and solutions, tracking progress though periodic reviews, and introducing timely corrections. Regarding subnational fiscal performance, the Bank delivered ASA products aimed at fiscal, infrastructure financing and debt management of provincial and local levels, and complemented with two fiscal DPLs at the subnational level. Overall Assessment and Rating 45. WBG performance is rated as Good. Design 46. The CPS design was aligned with China’s priorities in the 12th Five-Year Plan (2011-2015); mainly, greening growth and improving inclusion. Under the cross-cutting theme, the Bank Group supported selected aspects of China’s engagement as an emerging development partner. The program and principles of engagement were relevant to delivering the objectives. Selectivity was uneven; the number of objectives (10) was not excessive, but the supporting program was not targeted for maximum impact; the full range of interventions supported by the Bank did not fully target the CPS objectives and their indicators. The results logic from the national priorities to CPS objectives and supporting program was broadly strong, with an emphasis on innovative designs and demonstration and replication of results. However, some objectives were vaguely formulated (i.e. Objectives 1 and 9), weakening the links with their indicators. The setting of baselines and target dates was uneven. The PLR increased lending to respond the government’s request and extended the implementation period until the end of 2016. However, the PLR could have been used more effectively to improve the results framework by using a consistent set of dates for all the baselines and targets to facilitate better monitoring and implementation of the program. The PLR was also a missed opportunity to better capture the scope of Bank Group interventions (lending and ASA) during the CPS period which were not fully reflected in the results framework. The risks to the program were well identified and managed. Implementation 47. Bank project implementation performance was good. The share of projects under implementation at risk is lower than in EAP region and the Bank, the result of an active partnership between the authorities and the World Bank Group in identifying constraints to implementation such as complex designs, lack of capacity at the local level, and safeguard compliance. The performance for closed projects as rated by IEG was superior to the EAP region and the Bank. However, IFC’s investment portfolio showed mixed results. ASA work supported innovative designs and dissemination and has been an important driver of duplication and scaling up. The IFC and the WB partnered effectively in the delivery of energy efficiency, water and sanitation, and financial services in rural areas. They worked together to mobilize private resources towards these objectives. No For Official Use Only CLR Review 16 Independent Evaluation Group inspection panel was reported during the period; all safeguards in 67 projects were complied with. INT conducted 26 investigations and substantiated allegations in 24 case, five of which involved corruption. 7. Assessment of CLR Completion Report 48. The CLR is concise and provides a good exposition of the design and implementation efforts of the Bank Group. The CLR could have provided more precise and disaggregated information on the achievement of objectives and indicators to facilitate validation. It could also have addressed the impact of the faulty results framework on the ability to verify, by explaining the CLR approach to filling the gaps through complementary information. A discussion on safeguards and how the implementation challenges were managed would have been informative. Also, a discussion of the extension of the CPS program and the continuity of the program after FY 17 would have provided a more rounded and robust picture of the World Bank Group engagement in China. The CLR did not provide information on Bank Group’s cooperation with other development partners. 8. Findings and Lessons 49. The CLR provides four lessons: (i) joint flagship studies have been important for deepening the dialogue on policies and Bank programs and provided a model for other middle-income countries; (ii) DPFs and PforRs were helpful instruments in supporting strategic policy level discussions between China and the World Bank; (iii) in some cases, stronger engagement at the national or ministerial level would increase the impact of the work of the Bank’s work; and, (iv) support for South- South development and knowledge exchange would benefit from more systematic and programmatic approach. IEG concurs with these lessons. IEG presents the following complementary lessons, • Leveraging limited Bank Group financing through demonstration pilots can work if there is high government ownership and robust modalities of dissemination supported through ASA work. The CPS design explicitly relied on the preparation of demonstration pilots to test innovative designs for duplication. Various actors played a role in making demonstration work, which took place under different modalities. The central government contributed with regulation and enabling the mobilization of resources through market friendly practices. Strong ownership by local governments further facilitated innovation and replication across states. The banking sector contributed with project evaluation and financing. Companies in energy and others, undertook the investments. Modalities of dissemination include replication and adaptation, lessons feeding into policy and regulatory design, and exchanges among practitioners. ASA played an important role in the design, and dissemination. Examples of demonstration and replication are found in energy efficiency, agriculture, rural roads, water and sanitation, transport, and developing economic opportunities. • Balancing selectivity with demand for WBG products is critical for ensuring realism, accountability, and impact in large country programs. The China CPS sought to be selective by choosing a moderate number of objectives. However, a sizeable portion of the lending and ASA programs did not fully contribute to the CPS objectives and indicators. The demand for knowledge and technical expertise to redress imbalances at the subnational level resulted in dispersion and multiple mid-size operations. To ensure program coherence, the CPS objectives and indicators should guide the allocation of WBG resources for maximum impact. This will facilitate the design of robust results frameworks that provide a more transparent picture of the involvement and contribution of the Bank Group. Annexes CLR Review 17 Independent Evaluation Group Annex Table 1: Summary of Achievements of CPS Objectives – China Annex Table 2: China Planned and Actual Lending, FY13-FY17 ($, millions) Annex Table 3: Analytical and Advisory Work for China, FY13-FY17 Annex Table 4: China Grants and Trust Funds Active in FY13-17 ($, millions) Annex Table 5: IEG Project Ratings for China, FY13-17 ($, millions) Annex Table 6: IEG Project Ratings for China and Comparators, FY13-17 Annex Table 7: Portfolio Status for China and Comparators, FY13-17 Annex Table 8: Total Net Disbursements of Official Development Assistance and Official Aid for China ($, millions) Annex Table 9: Economic and Social Indicators for China, 2013 – 2017 Annex Table 10: List of IFC Investments in China ($, thousands) Annex Table 11: List of IFC Advisory Services in China Annex Table 12: IFC net commitment activity in China, FY13 - FY17 Annex Table 13: List of MIGA Activities in China, 2013-2016 ($, millions) Annexes CLR Review 19 Independent Evaluation Group Annex Table 1: Summary of Achievements of CPS Objectives – China CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth 1. CPS Objective: Shifting to a Sustainable Energy Path Indicator 1: Associated Cumulative energy savings: The objective was cumulative energy savings from • 2.67 mtce per year as of December 2016 supported by the Energy energy efficiency investments (P084874 IEG ICRR: S) Efficiency Financing 1+2 (million tons of coal equivalent) • 1.97 mtce per year as of December 2016 (P084874, FY08; (P113766 ICR: MU) P113766, FY10) and its Baseline: 0 (2011) • 0.149 mtce as of June 2016 (P114069 additional financing Target: 10 mtce (2016) November 2016 ISR: MU) (P123239, FY12), • Incremental annual savings of 6,529 MW as Shandong EE of December 2015 (P098915 IEG ICRR: (P114069, FY11), Sino- MS) Singapore Tianjin Eco- • Cumulative lifetime energy savings 65.92 City (P098915, FY11), mtce as of December 2016 (P114182 IEG Provincial EE (P114182, ICRR: S) FY11), Heat Reform & • Cumulative coal saving capacity of 2.6 mtce Bldg EE (P072721, per year as of October 2013 (P072721 IEG FY05), Thermal Power ICRR: MS) Efficiency (P098654, • Reduction of average coal consumption per FY09) and Green unit of coal-fired electricity output as of Energy Schemes for December 2013: Shanxi: 26 gce/kWh; Low-Carbon City in Shandong: 50 gce/kWh; Guangdong: 43 Shanghai (P127035, gce/kWh (P098654 IEG ICRR: S) FY13). • 27,465 tce per year as of December 2016 Major The following ASAs also (P127035 ICR: S). Outcome supported the project: Measures China Heat Regulation The CLR reports that the cumulative energy Phase II (P116044, savings was 15 mtce. Taking into account FY13), Capacity only contributions measured in mtce units, the Building for Smart Grid WBG contributed 73 mtce. The ICRR for (P127871, FY13), Low- Provincial EE notes that being a financial carbon city in Shanghai intermediary operation the attribution to the EW (P124327, FY14), World Bank should acknowledge the China Carbon Capture contribution of many other actors in industry, and Sequestration banks and government (CCS) Capacity Building Technical Assistance Achieved (P124730, FY15), Defining and Measuring Low-carbon Cities in China EW (P129835, FY15), Issues and Options in Monitoring, Verification and Reporting in Energy Efficiency (P130449, FY15), China Energy Regulation to Integrate Climate Change considerations (P133532, FY15), China Clean Stove Initiative Annexes CLR Review 20 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth (P129832, FY16), Developing Low-carbon Strategy for Shenzhen (P150222, FY16), Study on Fossil Energy Subsidies in China (Phase One) (P151404, FY16), and Developing an Innovative Energy Efficiency Financing Mechanism in China EW (P152109, FY16). At the PLR stage, the indicator target and target year was modified from the original target: 8.94 (2015) Indicator 2: GHG emissions This AS operation helped increase The objective was expected to be avoided (metric substantially the lending volume of energy supported by the AS tons/year) efficiency and renewable energy projects project for climate financed by Chinese banks and financial finance, China Climate Baseline: 0 institutions. IFC also supported the Finance Advisory Target: 20 million (IFC) achievement of this objective though risk Program (or CHUEE). sharing facility on energy efficiency and renewable energy projects with financial The indicator did not institutions. Furthermore, IFC’s investment in include baseline/target investment fund and infrastructure projects years. also supported this project. Though the validation of IFC projects, IEG confirms that risk sharing facility with Chinese bank for energy efficiency and renewable energy projects contributed to the reduction of GHG emissions by 1,645,799 tCO2/yr. IEG confirms that IFC’s another IFC’s risk sharing facility for climate finance to SME achieved 267,000 tCO2/yr reduction. By validating IFC’s AS project, IEG verifies that that IFC’s AS project achieved 19.33 million tCO2/yr of reduced GHG emissions. In total, 21.2 million tCO2/yr of reduced GHG emissions was achieved during the CPS period. Achieved 2. CPS Objective: Enhancing Urban Environmental Services Indicator 1: People with access The CLR reports that 11.5 million people had The objective was to improved water supply in more access to improved water supply attributable supported by the than 50 targeted small towns and to Bank projects. The CLR also reports that Sichuan Small Towns cities: due to IFC intervention, 3.5 million people per Development (P110632, year were benefitting from improved water FY11), Baseline: 1.72 million (2011) supply. Chongqing Urban-Rural Annexes CLR Review 21 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth Target: 6.5 million (2016) (WB) Integration (P086446, People with access to improved water supply FY10), Yunnan Urban Baseline: 4.6 million (2011) from WB projects: Environment (P096812, Target: 5.0 million (2014) (IFC) • 20,000 people in Liujang Town as of FY09), Jiangsu Water December 2016 (P110632 IEG ICRR: S) and Wastewater Project • 19,800 villagers in Chengkou county as of (P096926, FY09), June 2017 (P086446 IEG ICRR: MU) Liaoning Med Cities • 391,309 urban residents as of December Infrastructure 2 2016 (P096812 December 2016 ISR: S) (P092618, FY07), • As of December 2015: 310,000 customers Shanghai Urban APL 3 in Danyang, 1.2 million in Taixing, 1.04 (P096923, FY09), million in Yancheng, 1.1 million in Henan Towns Water Zhenjiang, 1 million in Longtan (Nanjing) (P081348, FY06), (P096926 ICR: HS) Shandong Environment • 250,000 households in Anshan, 105,000 2 (P077752, FY07), people in Yingkou as of June 2015 Shanghai Urban APL 2 (P092618 IEG ICRR: MS) (P075732, FY05), • 6.66 million project beneficiaries as of Shaanxi Small Towns November 2016 (P096923 December 2016 Infrastructure (P133069, ISR: MS). However, this figure includes FY15 and the following beneficiaries for both water supply and IFC projects: United wastewater services; Water (30502, FY12), • 513,000 people as of June 2013 (P081348 Aqualyng (31717, IEG ICRR: U) FY13), CEI Water (31781, FY13) and the • 730,000 people as of December 2013 AS CHUEE Water (P077752 IEG ICRR: MS) (523495, FY13). • 2,180 people as of October 2016 (P133069 October 2016 ISR: MS) The objective was also supported by the ASA Shanghai 2050 EW Based on data from several project (P151491, FY16). documents, WB projects contributed to increasing access to at least 7.4 million At the PLR stage, the people with improved water supply. IEG has indicator target for the verified the number of people with access to WB was modified from improved water was 3.5 million in 2014 with the original target: 6.8 the support of IFC Sound Project. The million (WB) number of people with access to improved water increased by .7 million from 2012 to 2014. Additional information from the IFC beneficiary database, (DOTS), shows an increase of .9 million during the same period. Both estimates are higher than the expected CPS target increase of .4 million. WB: Achieved IFC: Achieved Indicator 2: Targeted towns and The CLR reports that 27 cities/towns with at The objective was cities with at least 70% of least 70% of wastewater treated annually. IEG supported by the municipal wastewater treated could not validate this information. Liuzhou Environment annually Management II Annexes CLR Review 22 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth Towns/Cities with 70% of municipal (P112626, FY11), ), Baseline: 0 wastewater treated annually: Bengbu Integrated Target: 25 (2016) • Percentage of urban wastewater treated as Environment of December 2016: Liuzhou City (87.7), Improvement (P096925, Sanjiang (91.5), Rong’An (80.2), Rongshui FY08), Guangdong/PRD (80.1), Liucheng (84), Shatang (16.8) Urban Environment 2 (P112626 June 2017 ISR: S) (P081776, FY07), • 90% of wastewater collected and treated in Hunan Urban Bengbu City as of June 2015 (P096925 IEG Development (P075730, ICRR: MS) FY05), Xining Flood and • 88% in Foshan, 80% in Jianmen as of June Watershed Mgmt 2013 (P081776 IEG ICRR: MS) (P101829, FY09), Han • 92% of sewage treated in Changsha as of River Urban October 2012 (P075730 ICR: MS) Environment (P087224, • 100% of wastewater collected in Xining as FY08), Shandong of December 2015 (P101829 IEG ICRR: S) Environment 2 • Proportion of municipal wastewater treated (P077752, FY07), and as of June 2015: Hanchuan (72), Xiangyang the Shanghai Urban (95), Honghu (80), Shayang, (82), Yunmeng APL 2 (P075732, FY05). (80) (P087224 IEG ICRR: MU) • 91.9% of waste water treated in (8) target The indicator did not cities/counties as of December 2013 include a baseline year. (P077752 IEG ICRR: MS) • 94% of sewage collected and treated to discharge standards in 12 districts of Shanghai as of March 2015 (P075732 ICR: MS) Based on information from several project documents above, 24 cities/towns had at least 70% of wastewater treated annually. Shanghai included 12 districts. Achieved Indicator 3: People with access Beneficiaries of improved wastewater The objective was to improved wastewater management: supported by the management services (number) • 1,575,900 people as of December 2016 Liuzhou Environment (P112626 June 2017 ISR: S) Management II Baseline: 554,000 (2011) • 2,955,755 beneficiaries of waste water (P112626, FY11), ), Target: 6.7 million (2016) treatment services as of June 2016 Nanning Urban (P108627 IEG ICRR: MU) Environment (P108627, • 600,000 in Foshan, 500,000 in Jianmen as FY10), Guangdong/PRD of June 2013 (P081776 IEG ICRR: MS) Urban Environment 2 • 662,479 urban residents as of December (P081776, FY07), 2016 (P096812 December 2016 ISR: S) Yunnan Urban • As of December 2015 in Nanjing: 408,000 Environment (P096812, in Qiaobei, 125,000 in Tiebei, (P096926 FY09), Jiangsu Water IEG ICRR: S) and Wastewater Project • 240,550 (85% coverage rate) in Panjin, (P096926, FY09), 378,000 (90% coverage rate) in Yingkou as Liaoning Med Cities of June 2015 (P092618 ICR: MS) Infrastructure 2 (P092618, FY07), Annexes CLR Review 23 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth • 6.66 million as of November 2016 (P096923 Shanghai Urban APL 3 December 2016 ISR: MS). However, this (P096923, FY09), figure includes beneficiaries for both water Henan Towns Water supply and wastewater services (P081348, FY06), • 697,000 people as of June 2013 (P081348 Shaanxi Small Towns IEG ICRR: U); 25,300 people with improved Infrastructure (P133069, sanitation facilities as of October 2016 FY15), and Qinghai (P133069 October 2016 ISR: MS) Xining Integrated • 277,000 project beneficiaries as of October Environment 2016 (P133116 February 2017 ISR: S). Management (FY15, delivered) (P133116, The total number of people with access to FY15). improved wastewater management was at least 8.4 million; while 6.6 million people At the PLR stage, the benefited from both wastewater and indicator target was watershed management, but this total could modified from the not be disaggregated. original target: 2.2 million Achieved (2015) Indicator 4: Targeted cities with Wastewater collected and treated: The objective was at least 90% of waste collected • 90% of wastewater collected and treated in supported by the and disposed (number) Bengbu City as of June 2015 (P096925 IEG Bengbu Integrated ICRR: MS) Environment Baseline: 0 • 100% of wastewater collected in Xining as Improvement (P096925, Target: 8 (2016) of December 2015 (P101829 IEG ICRR: S) FY08), Xining Flood and • Proportion of municipal wastewater treated Watershed Mgmt as of June 2015: Xiangyang (95%) (P101829, FY09), Han (P087224 IEG ICRR: MU) River Urban • 91.9% of waste water treated in (8) target Environment (P087224, cities/counties as of December 2013 FY08), Shandong (P077752 IEG ICRR: MS) Environment 2 • 94% of sewage collected and treated to (P077752, FY07), and discharge standards in 12 districts of the Shanghai Urban Shanghai as of March 2015 (P075732 ICR: APL 2 (P075732, FY05). MS). At the PLR stage, the Solid waste collected and treated: Proportion indicator was modified of municipal wastewater treated as of June from the original: 2015: Hanchuan (98%), Honghu (98%), Solid waste collected Shayang (95%), Xiaochang (90%) (P087224 and transferred to IEG ICRR: MU); sanitary landfills in eight targeted cities (%) The total number of cities/municipalities with a Baseline: 0% Target: 90% collection of waste: 12 cities for 80% (2015) wastewater, 4 cities for solid waste. The indicator did not Achieved include a baseline year. 3. CPS Objective: Promoting Low-Carbon Urban Transport Indicator 1: Demonstration Targets achieved for ridership, travel times or The objective was corridors successfully meeting safety: supported by the Anhui public transport ridership, peak • P111421 December 2016 ISR: MS: Medium Cities Urban Annexes CLR Review 24 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth hour travel time and road safety Ridership: 2 cities (Anqing and Lu’an) Transport (P111421, targets increased bus ridership and 3 cities FY10), Xi'an (Anqing, Lu’an and Wuhu) urban bus Sustainable Urban Baseline: 0 ridership as of December 2016; Safety: 4 Transport (P092631, Target: 25 corridors in 15 cities corridors (Anqing Huxin Rd, Jiefang Rd, FY08), Sichuan Small (2016) Meishan Rd and Bagongshan Rd) in 2 cities Towns Development (Anqing and Lu’an)as of December 2016 (P110632, FY11), Hubei • P092631 December 2016 ISR: S: Travel Xiangyang Urban time: 1 corridor (Huxian) in 1 city (Xi’an) as Transport (P119071, of May 2016 FY12), Xinjiang Yining • P110632 IEG ICRR: S: Travel time: 2 Urban Transport corridors (Penglai and Fengming) as of (P126454, FY12), December 2015; 1 corridor (Fengmin) as of Liaoning Medium Cities December 2016 in 2 cities (Suining and (P099992, FY06), Meishan) Guiyang Transport • P119071 December 2016 ISR: S: Safety: 2 (P093963, FY08) and corridors (Tanxi Road and Route 13) in 1 Fuzhou Nantai Island city (Xiangyang) as of August 2016 Peri-Urban • P126454 December 2016 ISR: S: Travel Development (P070519, time: 2 corridors (Jiefang Rd and FY06). Ahemaitjiang Rd) in 1 city (Yining)as of November 2016 The objective was also supported by the ASA • P099992 ICR: S: Target achieved for China: Urban Transport ridership, travel times and safety for 5 cities Programmatic (Benxi, Fushun , Jinzhou, Liaoyang, Panjin) Knowledge as of October 2013 Management Platform • P093963 ICR: MS: Travel time: 1 corridor (P129850, FY15). (Airport Expressway) as of 2013 • P070519 ICR: S: Travel time: 4 corridors At the PLR stage, the (Fanchuanpu Cathedral to Fuzhou Planning indicator target was Commission, Yi Ming Paper Box Factory to modified from the Mawei Port, Nike Factory to Railway original Station, Taijan Cinema to Law College) in 1 target: 26 corridors in 22 city (Fuzhou) as of April 2013 cities (2015) In total, ridership, travel time and safety The indicator did not targets were achieved in at least 15 corridors include baseline year. In in 14 cities. addition, the indicator is unclear if all three Partially Achieved criteria (ridership, travel time, and safety) are required for the achievement of the target. 4. CPS Objective: Promoting Sustainable Agriculture Practices Indicator 1: Households and The CLR reports that 643,000 households The objective was farms adopting targeted and farmers adopted targeted innovative supported by the Henan innovative sustainable practices sustainable practices. The CLR claims that Ecological Livestock (number) IFC’s agribusiness activities supported (P100455, FY10), Jilin 400,000 farmers per year. Food Safety (P101716, Baseline: 0 (2011) FY10), Annexes CLR Review 25 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth Target: 450,000 (2015) Number of household and farmers adopting Changjiang/Pearl River innovative sustainable practices: Watershed • 98% of the 468 farms supported by the Rehabilitation project met the required livestock waste (P081255, FY06), Huai management/environmental regulations as River Basin Marine of December 2015 (P100455 IEG ICRR: S) Pollution Reduction • 1,800 farmers or 60% of farmers that visited (P108592, FY12), Eco- demonstration sites adopted good Farming (P096556, agricultural practices as of October 2016 FY09), Guangdong (P101716 December 2016 ISR: MS) Agricultural Pollution • 31,000 benefiting livestock households as Control (P127775, of June 2012 (P081255 IEG ICRR: S) FY14), Climate Smart • 1,661 or 55% of farmers adopting integrated Staple Crop Production and balanced fertilizer application (P144531, FY15). The technology; 4,420 farmers trained as of following IFC December 2015 (P108592 IEG ICRR: U) investments also • 444,000 clients adopted a bio package and supported the objective: of these 344,346 clients adopted improved Muyuan Pig (29089, agricultural technologies promoted by the FY11), Hwagain (30021, project as of June 2014 (P096556 IEG FY11), Deqingyuan Egg ICRR: S) (24188, FY06), and • 25,469 clients adopted improved Nature Forestry (31815, agricultural technologies promoted by the FY13). project as of December 2015 (P127775 May 2016 ISR: MS). By December 2016, The objective was also the number of clients that adopted improved supported by the technologies increased to 53,159 (May following ASAs: 2017 ISR: MS) Adaptation Economics • 6,000 clients have adopted improved in Water and Ag. agricultural technologies promoted by the (P127304, FY13) and project as of December 2016 (P144531 China - Food safety June 2017 ISR: S). engagement EW (P130383, FY13). IEG verifies, based on the figures from project documents above, 510,735 thousand households with Bank support. IEG has verified the IFC beneficiary database that the annual average of households adopting sustainable farming practices with IFC support was 388,445. Although below the 400,000- contribution claimed by the CLR, the combined IFC and WB interventions supported 698,000 farmers, above the CPS target of 450,000. Achieved Indicator 2: Area where Demonstration area: The objective was innovative sustainable practices • 9,500 hectares as of October 2015 supported by the have been demonstrated (ha) (P111163 October 2015 ISR: S) and 10,800 Xinjiang Turfan Water hectares provided with irrigation an Conservation (P111163, Baseline: 0 (2011) drainage services as of September 2016 FY10), Target: 100,000 ha (2015) (P111163 October 2016 ISR: S) Changjiang/Pearl River Annexes CLR Review 26 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth • 20, 688 hectares of protection forest and Watershed shrubland created, 34,000 hectares of Rehabilitation economic trees established, 4,800 hectares (P081255, FY06), of earth terraces established, 8,000 Shanghai Agricultural hectares of irrigated land created, 2,500 and Non-point Pollution hectares of grassland development as of Reduction (P090376, June 2012 (P081255 IEG ICRR: S) FY10), Mainstreaming • 2.2 hectares for rural river-network Climate Change demonstration for wetland pollution Adaptation in Agriculture reduction as of June 2015 (P090376 IEG (P105229, FY08), Huai ICRR: MS); 1,0667.67 hectares of farm River Basin Marine area that replicated demonstrated Pollution Reduction technologies as of June 2015 (P090376 (P108592, FY12), ICR: MS) Integrated Modern • 35,284 hectares where adaptation Agriculture measures were developed and Development (P125496, implemented in the demonstration areas as FY14), Guangdong of June 2012 (P105229 ICR: HS) Agricultural Pollution • 58.3 hectares of wetland area that Control (P127775, possesses water treatment capacity and FY14), and Climate 1,852 hectares where integrated and Smart Staple Crop balanced fertilizer application technology Production (P144531, were adopted as of December 2015 FY15). (P108592 IEG ICRR: U) • 28,041.11 hectares with improved irrigation and drainage services 15,411 hectares under water saving irrigation, 9,698.59 hectares of leveled land and improved tillage practices, 17,168.23 hectares adopting balanced fertilization, 16,264 hectares under non-polluted production, 388.39 under shelter and agroforest plantation, 6,690.80 hectares of irrigated area under Water User’s Association (WUA) as of December 2015 (P125496 December 2016 ISR: S). By December 2016, the area benefiting from the project increased to 45,978.24 hectares with improved irrigation and drainage services, 31,725.44 hectares under water saving irrigation, 17,659.67 hectares of leveled land and improved tillage practices, 31,682.21 hectares adopting balanced fertilization, 36,386.47 hectares under non-polluted production, 938.11 under shelter and agroforest plantation, 19,818.50 hectares of irrigated area under WUA (P125496 June 2017 ISR: S) • 32,533 hectares of crop production areas that adopted project promoted practices • as of December 2015 (P127775 May 2016 ISR: MS). By December 2016, the area was Annexes CLR Review 27 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth 19,533 hectare due to project restructuring (May 2017 ISR: MS) • 1,605 hectares of crop production areas that adopted project promoted practices as of December 2016 (P144531 June 2017 ISR: S) The total area where innovative and sustainable practices have been demonstrated was at least 210,783 hectares. Achieved 5. CPS Objective: Demonstrating Sustainable Natural Resource Management Approaches Indicator 1: Targeted forest and Targeted forest and range-land area: The objective was range-land area rehabilitated and • As of December 2016, Multifunction forests supported by the restored through successful established: 22,370 ha windbreak and sand Integrated Forestry demonstration of sustainable break forests, 58,470 ha soil and water Development Project forest conservation forests, 13,000 ha farmland (P105872, FY11), management models (ha) shelter belt. 38,450 ha of degraded forests Shandong Ecological improved (P1058872 ICR: S) Afforestation (P112759, Baseline: 0 (2011) • As of July 2016, 36,897 hectares of FY10), Target: 400,000 ha (2016) degrade mountain areas were afforested Changjiang/Pearl River and 30,018 hectares of wind protection Watershed Rehab plantations in saline coastal areas were (P081255, FY06), established (P112759 IEG ICRR: HS) Xining Flood and • 20, 688 hectares of protection forest and Watershed Mgmt shrubland created (P081255 ICR: S), (P101829, FY09), 34,000 hectares of economic trees Ningxia Desertification established, 4,800 hectares of earth Control and Ecological terraces established, 8,000 hectares of Protection Project irrigated land created, 2,500 hectares of (P121289, FY12), grassland development as of June 2012 Guangxi Integrated (P081255 IEG ICRR: S) Forestry Development • 944.96 hectares of afforestation and and Conservation 1,848.6 hectares of re-vegetation as of Project (P088964, December 2015 (P101829 IEG ICRR: S) FY06), and Hunan • 14,015 hectares of restored or re/afforested Forest Restoration and area as of September 2016 (P121289 Development (P125021, December 2016 ISR: MS) FY13). • 18,100 hectares were afforested and 109,580 hectares of improved forest The objective was also management as of December 2012 supported by the ASA (P088964 ICR: HS) State Forest Reform NE • 58,062 hectares of restored or re/afforested China EW (P121870, area as of September 2016 (P125021 FY14) December 2016 ISR: S). The total forest and range-land area rehabilitated and restored through successful demonstration of sustainable forest management models based on figures from project documents was 471,744 hectares. Annexes CLR Review 28 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth Achieved Indicator 2: Targeted watershed The IEG ICRR: S of P081255 reports that The objective was area treated to reduce soil 1,769 km2 of the project area achieved 50% supported by the erosion long-term soil erosion reduction as of June Changjiang/Pearl River 2012. In addition, the IEG ICRR: S of Watershed Rehab Baseline: 0 (2010) P101829 reports that 10,233 hectares or (P081255, FY06) and Target: 1,800 km2 (2015) 102.33 km2 where soil erosion reduction and Xining Flood and water conservation measures were applied as Watershed Mgmt of December 2015. (P101829, FY09). Achieved Indicator 3: Groundwater The October 2016 ISR: S of P111163 3.24 The objective was overdraft reduced in Turpan million m3 as of September 2016. By June supported by the basin (million m3) 2017, the overdraft was reduced further to Xinjiang Turfan Water 3.75 million m3 (P111163 IEG ICRR:HS ) Conservation (P111163, Baseline: 0 (2011) FY10). Target: 3.75 (2016) Achieved Indicator 4: People protected People protected from flooding: The objective was from flooding (number) • 204,000 people as of September 2016 supported by the (P111163 October 2016 ISR: S) Xinjiang Turfan Water Baseline: 0 (2011) • 7.43 million people as of December 2016 Conservation (P111163, Target: 6.5 million (2016) (P098078 IEG ICRR: S) FY10), Huai River Basin • 434,440 people as of December 2015 Flood Management and (P101829 IEG ICRR: S) Drainage Improvement • 413,500 people as of October 2012 (P098078, FY11), (P075730 ICR: MS) Xining Flood and • 60% of urban population protected from 1- Watershed Mgmt in-50 -year floods as of December 2016 (P101829, FY09), (P128867 December 2016 ISR: S) Hunan Urban • 200,000 people benefited from flood Development (P075730, protection and improved drainage as of FY05), Jiangxi Wuxikou December 2016 (P126813 March 2017 ISR: Integrated Flood MS) Management (P128867, • 72% of urban population protected from 1- FY13), and Guangxi in-50 -year floods as of October 2016 Laibin Water (P126817 November 2016 ISR: MU). Management (P126817, FY13). The total number of people protected from flooding, based on figures from project At the PLR stage, the documents, was 10.8 million people. indicator was modified from the original target: Achieved 10 million (2015) 6. CPS Objective: Demonstrating Pollution Management Measures Indicator 1: Successful Successful cleanup/pollution reduction The objective was demonstration of clean demonstration: supported by the up/pollution reduction measures • Compared to project baselines in 2012, 2 of Dioxins Reduction from (e.g. adoption of BAT in 3 target mills achieved targets on reduced the Pulp and Paper municipal incinerators and pulp discharge of chemical oxygen demand and Industry (P125528, and paper mills) NH3-N as of September 2016 (P125528 FY12). November 2016 ISR: MS) Annexes CLR Review 29 Independent Evaluation Group CPS FY13-FY17: Focus Area I: Actual Results IEG Comments Supporting Greener Growth Baseline: 0 The objective was also Target: 6 (2016) Overall, there were 10 successful supported by the ASA demonstrations of cleanup and pollution Air Quality in China reduction measures. (P153642, FY15). Partially Achieved At the PLR stage, the indicator was modified from the original Target: 7 (2015) The indicator did not include a baseline year. CPS FY13-FY17: Focus Area II: Promoting More Inclusive Actual Results IEG Comments Development 7. CPS Objective: Increasing Access to Quality Health Services and Social Protection Programs Indicator 1: Additional population The November 2016 ISR: MS of P086446 The objective was supported with access to primary health reports that 415, 000 people had access to by the Chongqing Urban- care services at community level primary health care services at the Rural Integration (P086446, in targeted service areas community level in targeted service areas as FY10) and IFC investment in of October 2016. the pharmaceutical sector. Baseline: 0 (2010) Target: 280,000 (2016) Achieved The objective was also supported by the following ASAs: Deepening China Pension System Reform (P147221, FY14) and Options for Aged Care in China EW (P143713, FY16). Indicator 2: Public Health The March 2014 ISR: S of P084437 reports The objective was supported System scorecard rating for that the public health scorecard rating was by the Rural Health targeted counties 88.9 as of October 2013. By the end of the (P084437, FY08). project (December 2014) the public health Baseline: 61.78 (2008) system scorecard rating increased to 90.2 Target: >80 (2013) points (P084437 IEG ICRR: S). Achieved Indicator 3: Share of prefectures The February 2017 ISR: MS of P117596 The objective was supported in Guangdong exchanging social reports that none of the prefectures were by the Guangdong Social insurance beneficiary data using the new provincial system as of Security Integration and through integrated provincial MIS December 2016. According to the February Rural Workers Training 2018 ISR for Guangdong Social Security (P117596, FY13). Baseline: 0% (2013) Integration and Rural Worker Training Target: 60% (2016) (FY13), 20 percent of the prefectures in At the PLR stage, the Guangdong were using the new integrated indicator was modified from provincial MIS as of the end of 2016, and 30 the original target: 70% percent as of the end of 2017. (2016) Partially Achieved Annexes CLR Review 30 Independent Evaluation Group CPS FY13-FY17: Focus Area II: Promoting More Inclusive Actual Results IEG Comments Development 8. CPS Objective: Strengthening Skills Development Programs, Including for Migrants Indicator 1: Graduates who pass Graduates who passed skill certification The objective was supported skill certification exams in exams: by the Liaoning and targeted institutions (%) • Liaoning: 96% as of December 2015 Shandong Technical and (P117107 IEG ICRR: S) Vocational Education Baseline: LN: 90%; SD:93.5%; • Shandong: 98% as of December 2015 (P117107, FY10), GD: 70%; YN: 84% (2010) (P117107 IEG ICRR: S) Guangdong Tech & Target: LN: 96%; SD:98%; GD: • Guangdong: 90% as of December 2014 Vocational Education and 85%; YN: 93% (2015) (P096707 IEG ICRR: S) Training (P096707, FY09), • Yunnan: 90% as of November 2015 Yunnan Technical and (P122008 January 2016 ISR: S). 95% as Vocational Education and of September 2016 (December 2016 ISR: Training (P122008, FY12) S). and the IFC investment • In the area of the vocational education, Ambow Education Holding IFC’s client in the education sector Ltd (31749). supported the development of vocational education as it cooperated with nearly 100 The objective was also universities in joint programs and nearly supported by the ASA Skills 1000 education institutions in vocational Development in Yunnan education, expanding access to Province EW (P123895, vocational education over 500,000 of FY13). students and customers. Achieved Indicator 2: Graduates finding Graduates who passed skill certification The objective was supported initial employment within 6 exams: by the Liaoning and months of graduation (%) • Liaoning: 91% as of December 2015 Shandong Technical and (P117107 IEG ICRR: S) Vocational Education Baseline: LN:72%; SD 73.4%; • Shandong: 98% as of December 2015 (P117107, FY10), GD: 34%; YN: 58% (2010) (P117107 IEG ICRR: S) Guangdong Tech & Target: LN: 82%; SD:88.2%; GD: • Guangdong: 99% as of December 2014 Vocational Education and 56%; YN: 75% (2015) (P096707 IEG ICRR: S) Training (P096707, FY09), • Yunnan: 89% as of November 2015 Yunnan Technical and (P122008 January 2016 ISR: S). 87% as Vocational Education and of September 2016 (December 2016 ISR: Training (P122008, FY12). S). Achieved Indicator 3: Migrant trainees Successful migrant trainees: The objective was supported successfully completing targeted • The ICR: MS of P085376 reports that by the Chongqing Urban- vocational training programs in 130,027 migrant students were trained by Rural Integration (P086446, project schools (%) project training institutions, of which FY10) and Rural Migrant 127,567 graduated (98%) as of December Skills Dev. and Employment Baseline: 84% (2011) 2014 (P085376, FY 08). Target: 96% (2014) • Additionally, The December 2015 ISR: MU of P086446 reports that there were 11,720 trainees, which included migrants, who successfully completed vocational training as of December 2014. By October 2016, the number of trainees successfully Annexes CLR Review 31 Independent Evaluation Group CPS FY13-FY17: Focus Area II: Promoting More Inclusive Actual Results IEG Comments Development completing the training program increased to 20,840 (November 2016 ISR: MS). The PAD and the ISRs of P086446 do not report the total number of trainees under the project. As a result, IEG could not calculate the percentage of trainees that were successful. Achieved 9. CPS Objective: Enhancing Opportunities in Rural Areas and Small Towns Indicator 1: People with access People with access to improved water The objective was supported to safe water supply and supply and sanitation: by the Western Region sanitation in targeted rural areas • As of October 2012 (P095315 December Rural Water & Sanitation 2012 ISR: MU): 377,309 people in (P095315. FY07), Anhui Baseline: 40,392 Anhui, Shaanxi and 374,000 people in Sichuan Yellow Mountain New Chongqing, Guangxi (2011); had access to improved water supply Countryside Demonstration 378,000 (Shaanxi, Sichuan) and sanitation services. As of March (P129563, FY13), Anhui (2011) 2013 (P095315 IEG ICRR: MU), the Xuancheng Infrastructure for Target: (i) Anhui, Chongqing, number of beneficiaries improved to Industry Relocation Guangxi – 150,000 (2014), (ii) 405,946 people in Shaanxi and 408137 (P129431, FY13), Zhejiang Shaanxi – 326,716 (2012), people in Sichuan. Rural Water Supply and Sichuan – 258,000 (2012) • Information on Chongqing and Guangxi Sanitation (P133018, FY15), is not available. On Anhui, 94,670 and Ningbo Sustainable people accessed improved water Urbanization (P149485, sources as of August 2014 (P129563 FY17). April 2015 ISR:S). • 7,100 people in Anhui had access to The objective was also improved water services and sanitation supported by the following as of October 2014 (P129431 November ASAs: China Promoting 2014 ISR: S Access to Finance through Strengthening Rural Credit Overall, people with access to improved Cooperatives System water supply and sanitation totaled to (P128195, FY15), Inclusive 101,770 people in Anhui only in 2014, Finance Academy in China 405,946 in Shaanxi in 2013, and 408,137 (IFA) (P128941, FY15), people in Sichuan in 2013. China Financial Reform Strategy Report (P132777, Mostly Achieved FY15), China: Sustainable Financing for Small Town Infrastructure Development EW (P143473, FY15), Financial Consumer Protection and Financial Literacy in China (P128920, FY16), Phase II Sustainable Small Town Infrastructure Financing (P150179, FY16), Enhancing the Role of Farmers Coops (P152510, FY16), Evaluation System for Consumer Financial Annexes CLR Review 32 Independent Evaluation Group CPS FY13-FY17: Focus Area II: Promoting More Inclusive Actual Results IEG Comments Development Education in China (P148813, FY17), and China: Efficient, Inclusive and Sustainable Urbanization Study EW (P145191, FY15). Target years for the indicator are not consistent with the CPS period. Indicator 2: People in targeted People in targeted rural areas with access to The objective was supported rural areas with access to an all- an all-season road: by the Ningxia Highway season road • 240,000 people in Ningxia with access to project (P096920, FY10), all-weather roads as of December 2014 Fujian Highway Sector Baseline: 950,000 (Ningxia, (P096920 IEG ICRR:S) Investment (P091020, Fujian, Guiyang) (2010) • 1.30 million benefitted from the project in FY06) and Guiyang Target: (i) Ningxia - 240,000 (ii) Fujian as of June 2015 (P091020 IEG Transport (P093963, FY08), Fujian - 1,250,000 (iii) Guiyang ICRR: S) 110,000 (2016) • 200,000 rural people in Guiyang as of 2013 (P093963 ICR: MS) Achieved Indicator 3: Increase access to IFC reach data indicates that IFC’s clients The objective was supported financial services for Micro MFIs had 6.8 million outstanding MSME by the following IFC Finance Clients (IFC) loans for CY16, of which 2 million were Investment projects: micro loans. One of IFC clients provide Fullerton Credit (33256, Baseline: 0 technology system for over 1,000 rural FY14; 33410, FY14; 32292, Target: 7 million (2016) banks with 9.7million customers, most of FY13; 32293; FY13; 30726; them are small enterprises in rural areas. FY13), CHUEE SME IB (29366; FY15), MC China Achieved (36287, FY15; 28916, FY11; 28915, FY10; 25940, FY08), CFPA MFI (38028, FY17; 33268, FY15; 32602, FY13; 32523, FY12; 28702, FY10), Xinjiang MCC (30345, FY12), Ant Finance (35461, FY15), and Epure BOT II— Water; Nature Elements— CC Fund in frontier (30718). In addition, the following IFC AS projects also supported the objective: Microfinance Transformation IS (573007, FY13) and Beichuan VTB AS (579607, FY17). The indicator did not include a baseline year. Indicator 4: People benefitting People benefitting from improved access to The objective was supported Annexes CLR Review 33 Independent Evaluation Group CPS FY13-FY17: Focus Area II: Promoting More Inclusive Actual Results IEG Comments Development from improved access to services services and income generating activities: by the Chongqing Urban- and income generating activities • P086446 was approved in FY10 and Rural Integration (P086446, by 2015 achieved the following outcomes in FY10), Sustainable Chongqing as of October 2015: 120,000 Development in Poor Rural Baseline: 0 people with access to road transportation Areas (P099751, FY10), and Target: 715,298 people in 25 networks, 188,000 people with access to Western Region Rural counties in Henan, Chongqing primary health care services, 15,020 Water & Sanitation and Shaanxi trainees completing vocation program (P095315. FY07). (P086446 December 2016 ISR: MU). By October 2016, 334,000 people with This indicator is missing access to road networks, 415,000 people from the CLR Results with access to health services, and Matrix. 20,840 successful trainees (November 2016 ISR: MS) The indicator did not include • P099751 was approved in FY10 and baseline/target years. achieved the following results as of December 2015 (IEG ICRR: MS): 1.76 million people from Henan, Chongqing, and Shaanxi, of which 0.55 million were poor, benefited from Community Driven Development plans (includes services such as electrification, sanitation, education) • P095315 was approved in FY07 and achieved the following results as of March 2013: 79,220 people obtained sanitation services and 326,726 people gained access to water in Shaanxi (P095315 IEG ICRR: MU) Overall, 2.48 million people benefitted from improved access to services and income generating activities. Achieved 10. CPS Objective: Improving Transport Connectivity for More Balanced Regional Development Indicator 1: Reduction in transit Reduction in travel times: The objective was supported times on railway sections • Sanyanqiao-Litang: average travel time of by the Guizhou-Guangzhou connecting less developed 156 minutes as of March 2015, compared Railway (P107559, FY09), regions to the project baseline of 620 minutes ShiZheng Railway with more developed (%, min) (2008) – a 75% reduction (P112359 IEG (P099062, FY08), ICRR: S) NanGuang Railway (i) Sanyanqiao – Litang West: • Guiyang-Gangzhou: average of 251 (P112359, FY09), 3rd 72% (450 min) (2015) minutes as of December 2016. This National Railway (P086515, (ii) Guiyang – Guangzhou: 78% represents a 83% reduction in transit time FY07). (1170 min) (2016) form the project baseline of 1,500 minutes (iii) Liupanshui - Qujing: 47% in 2008 (P107559 IEG ICRR: S) The objective was supported (105 min (2012) • Liupanshui-Qujing: The November 2012 by the following ASAs: (iv) Shijiazhuang – Zhengzhou: ISR: S of P086515 did not monitor travel China Rail Financial Futures 61% (120 min) (2013) times. However, the ISR reports that the Analysis EW (P130043, FY13), Regional Economic Annexes CLR Review 34 Independent Evaluation Group CPS FY13-FY17: Focus Area II: Promoting More Inclusive Actual Results IEG Comments Development average speed of commercial freight was Impact Analysis of High 40 km/hr and 60 km/hr for commercial Speed Rail in China express passenger as of September (P143907, FY15), and China 2012, when the new line was not yet in Railway Equity Finance operation. This represents a 52% (P153143, FY16). reduction in travel time for freight trains and 21% reduction for passenger trains At the PLR stage, the from project baseline of 23 kph and 55 indicator target was modified kph in 2004, respectively. By project close by removing one corridor: in June 2013, travel times were reduced (i) Tumen -Jilin: 68% (315 further with the full operation of the new min) (2015) line a reduction of time of 72% for commercial freight and 53% for The indicator did not provide passenger travel (P086515 IEG a baseline for calculating a ICRR:S) reduction in transit times. • Shijiazhuang-Zhengzhou: as of November Reduction in transit times 2013 the average travel time was 82 were calculated using the minutes for highspeed trains compared to respective projects’ 198 before the project in 2008 (56% baselines. reduction) (P099062 December 2013 ISR: HS). By November 2015, average travel The CLR is using a different times were reduced further to 81 minutes, indicator from the PLR a reduction of 59% as of November 2015 results matrix (pp. 26-27), (P099062 ICR: S) which does not include the corridor Tumen-Jilin. Achieved Indicator 2: Increase in railway Increase in train pairs per day: The objective was supported capacity (train pairs/day) • Sanyanqiao-Litang: 31 pairs of express by the Guizhou-Guangzhou (i) Sanyanqiao – Litang West: trains as of March 2015, compared to the Railway (P107559, FY09), 185% (2015) project baseline of 7 (2008) – a 343% NanGuang Railway (ii) Guiyang - Guangzhou: 400% increase (P112359 IEG ICRR: S) (P112359, FY09), ZhangHu (2016) • Guiyang-Gangzhou: 25 pairs of express Railway (P122319, FY12), (iii) Liupanshui - Qujing: 61% passenger trains as of December 2016, and 3rd National Railway (2012) an 833% increase from the project (P086515, FY07). baseline of 3 in 2008 (P107559 IEG ICRR: S) The indicator did not provide • Liupanshui-Qujing: 35 pairs of trains a baseline for calculating a (freight plus passenger) as of September reduction in railway 2012. This represents a 13% increase capacity. Reduction in over the baseline of 31 in 2004 (P086515 railway capacity was November 2012 ISR: S). By October calculated using the 2013, capacity increased further to 45 respective projects’ pairs of trains, now representing a 45% baselines. increase over the project baseline (P086515 IEG ICRR: S) The CLR is using a different indicator from the PLR Achieved results matrix (pp. 26-27), which does not include the corridor Tumen-Jilin. Indicator 3: Annual volume of The December 2015 ISR: S of P118647 The objective was supported cargo along targeted waterways reports 13.13 million tonnes per year on the by the Anhui Shaying River Annexes CLR Review 35 Independent Evaluation Group CPS FY13-FY17: Focus Area II: Promoting More Inclusive Actual Results IEG Comments Development (i) Shaying river (passing Yingshang Lock as of November 2015. By Channel Improvement Yingshang Lock) October 2016, the volume reduced to 12.34 (P118647, FY11). million tonnes per year (December 2016 Baseline: 0.17 million ton (2009) ISR: S). At the PLR stage, the Target: 3.07 million ton (2015) indicator target was revised Achieved to include an additional river: (i) Gan River Baseline: 85 million ton (2007) Target: 131.6 million ton (2013)) Indicator 4: Travel time Travel time reductions: The objective was supported reduction on targeted road • Yongan-Wuping: The June 2014 ISR:S of by the Anhui Highway corridors P091020 reports that the Yongan Wuping Rehab & Improvement (i) Yongan (Fujian) – Wuping Expressway (YWE) was completed on (P099112, FY08), Hubei (Guangdong border): 67% (2013) June 2010 prior to the CPS period. This Yiba Highway (P101258, (ii) Qingtongxia –Guyaozi resulted in a 67% reduction time between FY09), Fujian Highway (Ningxia):60% (2015) the two cities from 2006 to 2010. Sector Investment (iii) Yichang – Badong • Qingtongxia-Guyaozi: travel times were (P091020, FY06), Ningxia (Hubei):travel time is 2.5 hours or reduced from 120 minutes (2010) to 38 Highway (P096920, FY10), less (2015) minutes along the expressway as of Yunnan Highway Assets December 2014, a 68% reduction Management (P132621, (P096920 IEG ICRR: S) FY15), and Gansu Rural- • Yinchang-Badong: The YBE was Urban Integration (P132775, completed in 2014 with a reported travel FY15). time of 2.17 hours as of November 2015 (P101258 IEG ICRR: S). In contrast, At the PLR stage, the travel times along regular roads were 5.3 indicator target for (iii) was hours. modified from the original: (iii) Yichang – Badong Achieved (Hubei):42% (2015) The indicator did not provide a baseline for calculating a reduction in travel times. Reduction in travel times were calculated using the respective projects’ baselines. Annexes CLR Review 36 Independent Evaluation Group Annex Table 2: China Planned and Actual Lending, FY13-FY17 ($, millions) Approved Project Proposed Approval Closing Proposed Proposed Project name IBRD ID FY FY FY Amount Amount Amount Project Planned Under CPS/CPSPR 2013-2016 CPS PLR Beijing Energy Efficiency and P125022 2013 2013 2020 120 120 120 Emission Reduction Demonstration DROPPED Shandong Renewable Energy 2013 100 Shanghai Building Energy Efficiency P127035 2013 2013 2019 100 100 100 and Low Carbon District Liaoning Coastal Economic Belt P126611 2013 2013 2020 150 150 150 Infrastructure and Environment Jiangxi Small Towns Infrastructure P126856 2013 2013 2020 150 150 150 Development Demonstration DROPPED Shaanxi Yan'an Water Supply 2013 60 Ningbo Domestic Waste Collection P123323 2013 2013 2020 80 80 80 and Recycling Demonstration Integrated Modem Agriculture P125496 2013 2014 2020 200 200 200 Development (SOCAD) Hunan Forest Ecosystem Restoration P125021 2013 2013 2019 80 80 80 and Development Anhui Ma'anshan Cihu River Basin P126813 2013 2013 2021 100 100 100 Environment Guangdong Urban-Rural Social P117596 Security Integration & Migrant 2013 2013 2021 80 80 80 Workers Training P124848 Fujian Meizhou Bay Waterways 2013 2013 2019 50 50 50 DROPPED Harbin-Jiamusi Railway 2013 300 Jiangxi Shangrao Sanqingshan P123729 2013 2013 2019 50 50 50 Airport Development DROPPED Concentrated SolarPower 2014 80 P132154 Jiangxi NanChang Urban Rail 2014 2013 2020 250 250 250 P127867 Qinghai Xining Urban Transport 2014 2014 2020 120 120 120 P128919 Zhengzhou Urban Rail 2014 2015 2021 250 250 250 Yunnan Honghe Prefecture Urban P101525 2014 2014 2020 150 150 150 Transport Guangdong Non-point Source P127775 2014 2014 2021 100 100 100 Agricultural Pollution Cleanup Jiangxi Jingdezhen Wuxikou P128867 2014 2013 2019 100 100 100 Integrated Water Scheme Guangxi Laibin Water & Environment P126817 2014 2013 2020 80 80 80 Management AnhuiXuancheng Infrastructure P129431 forIndustrialRelocation 2014 2013 2020 150 150 150 fromCoastalArea Anhui Yellow Mountain New P129563 2014 2014 2019 100 100 100 Countryside Demonstration P129401 Guiyang Rural Roads 2014 2014 2019 150 150 150 P129791 Fujian Fishing Ports Demonstration 2014 2014 2021 60 60 60 DROPP Yinchuan-Xi'an Railway 2014 200 ED P133531 Shanxi Coal-bed Methane Utilization 2015 2014 2020 100 100 100 Annexes CLR Review 37 Independent Evaluation Group Approved Project Proposed Approval Closing Proposed Proposed Project name IBRD ID FY FY FY Amount Amount Amount Hebei New Energy Development in P132873 2015 2015 2021 100 71.5 71.5 Rural Areas Qinghai Xining Integrated P133116 2015 2015 2020 150 150 150 Environment Management Guilin Integrated Environment P133017 2015 2015 2021 100 100 100 Management P133069 Shaanxi Small Towns Infrastructure 2015 2015 2021 150 150 150 Zhejiang Rural Area Wastewater P133018 2015 2015 2021 200 200 200 Management Jiaozuo Safe and Green Transport P132277 2015 2014 2021 100 100 100 Dev. in Transforming Economy Chongqing Small Towns Water P133117 2015 2015 2021 100 100 100 Resources Integrated Management Huainan Coal Mining Subsidence P133000 2015 2015 2021 100 100 100 Area Rehabilitation Industry-based Poverty Alleviation P133326 2015 2015 2021 150 150 150 Demonstration Economic Reform Promotion and P144270 2015 2014 2022 35 35 35 Capacity Strengthening P133261 Guizhou Rural Development 2015 2015 2022 100 100 100 Sichuan-Chongqing (GuangAn) P133456 Cooperation Demonstration Zone 2015 2015 2021 100 100 100 Infrastructure P132562 Hubei Xiaogan Logistic Infrastructure 2015 2016 2021 100 100 100 Yunnan Highway Assets P132621 2015 2015 2021 150 150 150 Management Heilongjiang Cold Weather Smart P133114 2015 2014 2020 200 200 200 Public Transportation System Gansu Rural-Urban Integration P132775 2015 2015 2021 150 150 150 Infrastructure Xinjiang Technical and Vocational P147367 2015 2021 50 50 Education and Training Chongqing-Dadukou Fiscal P157404 2016 2017 2018 200 200 200 Sustainability DPO Hebei Air Pollution Prevention and P154672 2016 2016 2020 500 500 500 Control Program P148599 Hebei Clean Heating 2016 2016 2021 100 100 100 Hubei Jingzhou Historic Town P148523 2016 2016 2021 100 100 100 Conservation P157406 Hunan Fiscal Sustainability DPO 2016 2017 2018 200 200 200 Innovative Financing for Air Pollution P154669 2016 2016 2022 500 500 500 Control in Jing-Jin-Ji Lushan Earthquake Reconstruction P153548 2016 2017 2022 300 300 300 and Risk Reduction Fiscal Technical Assistance - Bldg. a P154694 2016 2016 2022 50 50 Modern Fiscal System P149485 Ningbo Sustainable Urbanization 2016 2017 2022 150 150 150 DROPPED PPP Promotion and Demonstration 2016 200 Second Gansu Cultural and Natural P149528 2016 2017 2023 100 100 Heritage Annexes CLR Review 38 Independent Evaluation Group Approved Project Proposed Approval Closing Proposed Proposed Project name IBRD ID FY FY FY Amount Amount Amount P148129 Tianjin Urban Transport Improvement 2016 2016 2021 100 100 100 P148071 Tongren Rural Transport 2016 2016 2021 150 150 150 P148527 Urumqi Urban Transport II 2016 2016 2022 140 140 140 Wuhan Integrated Transport P148294 2016 2016 2022 120 120 120 Development DROPPED YinXi Railway 2016 200 P147381 Zhuzhou Brownfield Development 2016 2016 2022 150 150 150 P154716 Anhui Aged Care 2017 2018 2024 140 118 P153173 Anhui Road Maintenance Innovation 2017 2017 2024 150 150 Gansu Technical and Vocational P154623 2017 2017 2023 120 120 Education and Training P154621 Guangdong Compulsory Education 2017 2018 2023 120 120 P153892 Guangxi Poverty Alleviation 2017 2017 2023 100 100 P154984 Health Service Delivery Reform 2017 2017 2022 400 600 Henan Xinxiang New Urbanized DROPPED 2017 100 Community Development Hunan Environment Cleanup of P153115 2017 2018 2024 100 100 Agricultural Soils Jiangxi Farm Produce Distribution P147009 2017 2018 2024 150 150 System Development Jiangxi Integrated Rural/Urban Water P158760 2017 2018 2024 200 200 Supply and Rural Wastewater Poyang Lake Water Environment P153604 2017 2017 2023 150 150 Management Shaanxi Poor Rural Areas P153541 2017 2017 2023 100 100 Community Development Shanghai New Urbanization DROPPED 2017 350 Financing and Innovation Three Gorges Modern Logistics P153473 2017 2017 2024 200 200 Center Infrastructure Yunnan Early Childhood Education P152860 2017 2017 2022 50 50 Innovation Total Planned 8755 7536.5 7586.5 Unplanned Projects during the CPS Period Total Unplanned 0 0 Approved On-going Projects during the CPS/CPSPR Approval Closing IBRD Period FY FY Amount CN - Integrated Eco. Dev of Small P118597 2012 2019 150 Towns P114138 CN - Water Conservation II 2012 2017 80 CN- Energy Efficiency Financing III P123239 2012 2017 100 (Par PID P084874) P124978 CN-Changzhi Urban Transport 2012 2019 100 CN-Chongqing Urban Rural P126210 2012 2021 100 Integration II CN-Gansu Qingyang Urban P123133 2012 2020 100 Infrastructure Annexes CLR Review 39 Independent Evaluation Group Approved Project Proposed Approval Closing Proposed Proposed Project name IBRD ID FY FY FY Amount Amount Amount CN-Hubei Xiangyang Urban P119071 2012 2020 100 Transport P121289 CN-Ningxia Desertification Control 2012 2020 80 CN-Sichuan Wudu Irrigated Agric P121414 2012 2020 100 Dev P122008 CN-Yunnan Tech Voc Ed 2012 2018 50 P122319 CN-Zhangjiakou-Hohhot Railway 2012 2020 200 Xinjiang Yining Urban Transport P126454 2012 2018 100 Improve CN - Liuzhou Environment P112626 2011 2018 150 Management II CN - Sichuan Small Towns P110632 2011 2017 100 Development CN-Anhui Shaying River Channel P118647 2011 2018 100 Improv CN-Bayannaoer Water & Env. Comp. P115695 2011 2019 80 Manage CN-Fujian HSIP Additional Financing P119862 2011 2015 50 (Par PID P091020) CN-Huai River Basin Flood P098078 2011 2017 200 Management an. P105872 CN-Integrated Forestry Development 2011 2017 100 P122321 CN-Jilin-Hunchun Railway 2011 2017 200 P117656 CN-Kunming Urban Rail 2011 2018 300 CN-Shandong Confucius & Mencius P120234 2011 2017 50 Culture P114069 CN-Shandong Energy Efficiency 2011 2019 150 P120664 CN-Urumqi District Heating 2011 2016 100 CN-Yunnan Urban Environment- P117819 2011 2017 60 Phase II (Par PID P096812) CN-Zhejiang Qiantang River Basin P116656 2011 2017 100 Small T P108627 CN - Nanning Urban Environment 2010 2016 100 CN - Ningbo New Countryside P106956 2010 2016 50 Development CN-Anhui Medium Cities Urban P111421 2010 2018 100 Transport CN-Chongqing Urban-Rural P086446 2010 2017 84 Integration Pro P113766 CN-Energy Efficiency Financing II 2010 2017 100 CN-Henan Ecological Livestock P100455 2010 2016 80 Project P101716 CN-Jilin Food Safety 2010 2017 100 P096920 CN-Ningxia Highway 2010 2015 250 CN-Shandong Ecological P112759 2010 2017 60 Afforestation CN-Sustainable Dev. in Poor Rural P099751 2010 2016 100 Areas P081615 CN-Taiyuan Urban Transport Project 2010 2015 150 Annexes CLR Review 40 Independent Evaluation Group Approved Project Proposed Approval Closing Proposed Proposed Project name IBRD ID FY FY FY Amount Amount Amount P117107 CN-Tech Vocational Ed 2010 2016 40 P112838 CN-Wuhan Second Urban Transport 2010 2019 100 CN-Xinjiang Water Conservation P111163 2010 2017 100 Project CN - GD Tech&Vocational ED and P096707 2009 2015 20 Training CN Xining Flood and Watershed P101829 2009 2016 100 Mgmt P096556 CN-Eco-Farming 2009 2014 120 CN-Guizhou Cultural and Natural P091950 2009 2017 60 Heritage P107559 CN-Guizhou-Guangzhou Railway 2009 2017 300 P101258 CN-Hubei Yiba Highway 2009 2016 150 CN-Jiangsu Water and Wastewater P096926 2009 2016 130 Project CN-Jiangxi Shihutang Navi & P101988 2009 2014 100 Hydropower P112359 CN-NanGuang Railway 2009 2015 300 P096923 CN-Shanghai APL III 2009 2017 200 CN-Shanxi Coal Bed Methane P100968 2009 2017 80 Development CN-Wenchuan Earthquake Recovery P114107 2009 2016 710 Project P096812 CN-Yunnan Urban Env 2009 2017 90 CN- Bengbu Integrated Environment P096925 2008 2015 100 Improv P084874 CN- Energy Efficiency Financing 2008 2017 200 CN-Anhui Highway Rehab & P099112 2008 2012 200 Improvement CN-Gansu Cultural & Natural P091949 2008 2015 38 Heritage P093963 CN-Guiyang Transport 2008 2014 100 P087224 CN-Han River Urban Environment 2008 2015 84 P099224 CN-Liaoning Med. Cities (LMC) III 2008 2016 191 CN-Migrant Skills Dev. and P085376 2008 2015 50 Employment P084437 CN-Rural Health 2008 2015 50 CN-Shandong Flue Gas P093882 2008 2012 50 Desulfurization P099062 CN-ShiZheng Railway 2008 2016 300 CN-Xi'an Sustainable Urban P092631 2008 2017 150 Transport P086515 CN-3rd National Railway 2007 2013 200 CN-Fujian Highway Sector P091020 2007 2015 320 Investment P081776 CN-GUANGDONG/PRD2 2007 2014 96 P088964 CN-Guangxi Integrated Forestry Dev 2007 2013 100 P092618 CN-LIAONING MED CITIES INFRAS 2007 2015 173 Annexes CLR Review 41 Independent Evaluation Group Approved Project Proposed Approval Closing Proposed Proposed Project name IBRD ID FY FY FY Amount Amount Amount 2 P096285 CN-MSE Finance 2007 2011 100 P077752 CN-SHANDONG ENVMT 2 2007 2014 147 P083322 CN-SICHUAN URBAN DEV 2007 2014 180 CN-Shaanxi Ankang Road P075613 2007 2013 300 Development CN-W. Region Rural Water & P095315 2007 2013 25 Sanitation CN-Economic Reform P085124 2006 2015 20 Implementation CN-Fuzhou Nantai Island Peri-Urban P070519 2006 2013 100 Dev P081348 CN-HENAN TOWNS WATER 2006 2013 150 P086629 CN-Heilongjiang Dairy 2006 2012 100 P084742 CN-IAIL III 2006 2011 200 CN-Liaoning Medium Cities P099992 2006 2014 218 Infrastructure P096158 CN-Renewable Energy II (CRESP II) 2006 2012 86 P075732 CN-SHANGHAI URBAN APL2 2006 2015 180 P075730 CN-HUNAN URBAN DEV 2005 2013 172 Total On-going 11,155 Source: China CPS and PLR, WB Business Intelligence Table 2a.1, 2a.4 and 2a.7 as of 8/21/19 *LIR: Latest internal rating. MU: Moderately Unsatisfactory. MS: Moderately Satisfactory. S: Satisfactory. HS: Highly Satisfactory. ** Rating from parent project ID Annexes CLR Review 42 Independent Evaluation Group Annex Table 3: Analytical and Advisory Work for China, FY13-FY17 Fiscal Product Proj ID Project Name Practice year Line P116044 China Heat Regulation Phase II FY13 TA Energy & Extractives P123895 Skills Development in Yunnan Province FY13 EW Education P124980 CN-Municipal Financing & Debt Management FY13 EW Transport Social, Urban, Rural and P125255 Shandong Cultural Heritage TA (China) FY13 TA Resilience Global Practice P127304 Adaptation Economics in Water and Ag. FY13 TA Environment & Natural Resources P127871 CN - Capacity Building for Smart Grid FY13 TA Energy & Extractives Social, Urban, Rural and P129781 China Sub-national Government Financing FY13 TA Resilience Global Practice P130043 China Rail Financial Futures Analysis FY13 EW Transport P130383 China - Food safety engagement FY13 EW Agriculture Social, Urban, Rural and P130480 Climate Risk Management and Adaptation FY13 EW Resilience Global Practice Finance, Competitiveness and P131498 JIT Financial Sector Reform Roundtable FY13 TA Innovation Finance, Competitiveness and P131533 Training of Bankruptcy Judges in China FY13 TA Innovation Finance, Competitiveness and P114070 Ad Hoc Knowledge Sharing on China-Africa FY14 TE Innovation P121870 State Forest Reform NE China FY14 EW Environment & Natural Resources Social, Urban, Rural and P124035 China Urban Management Capacity Support FY14 TE Resilience Global Practice P124327 Low-carbon city in Shanghai FY14 EW Energy & Extractives P127008 CN-Innovation Workshop (Chengdu 2011) FY14 TE Transport Finance, Competitiveness and P128575 Promoting Inclusive Innovation in China FY14 TA Innovation P129208 China Early Child Development FY14 TA Education P130001 Collective Institutions and Policies FY14 TA Agriculture P131332 S-S Experiences Learning on CSP FY14 TE Energy & Extractives Finance, Competitiveness and P132090 JIT Financial Sector Activities FY14 TA Innovation P147221 Deepening China Pension System Reform FY14 TA Social Protection & Jobs P121200 CN: Gates - Rural ICT Activity TWICT 2015 TA Transport China Carbon Capture and Sequestration (CCS) P124730 2015 TA Energy & Extractives Capacity Building Technical Assistance Promoting Affordable Housing in Changning Social, Urban, Rural and P125914 2015 TA District, Shanghai Resilience Global Practice China Promoting Access to Finance through Finance, Competitiveness and P128195 2015 TA Strengthening Rural Credit Cooperatives System Innovation Finance, Competitiveness and P128941 Inclusive Finance Academy in China (IFA) 2015 TA Innovation China Subnational Public Finance and Debt Macroeconomics, Trade and P129737 2015 EW Management Investment P129835 Defining and Measuring Low-carbon Cities in China 2015 EW Energy & Extractives China: Urban Transport Programmatic Knowledge P129850 2015 TA Transport Management Platform Issues and Options in Monitoring, Verification and P130449 2015 TA Energy & Extractives Reporting in Energy Efficiency Annexes CLR Review 43 Independent Evaluation Group Fiscal Product Proj ID Project Name Practice year Line Finance, Competitiveness and P132777 China Financial Reform Strategy Report 2015 TA Innovation China Energy Regulation to Integrate Climate P133532 2015 TA Energy & Extractives Change considerations China: Sustainable Financing for Small Town Social, Urban, Rural and P143473 2015 EW Infrastructure Development Resilience Global Practice Regional Economic Impact Analysis of High Speed P143907 2015 TA Transport Rail in China Finance, Competitiveness and P143942 China Capital Market Development Report 2013 2015 TA Innovation China: Efficient, Inclusive and Sustainable Macroeconomics, Trade and P145191 2015 EW Urbanization Study Investment Maintaining Strategic Dialogue in HD Area at the P148694 2015 TA Education Central and Provincial level Application of Strategic Environmental Assessment P149619 2015 TA Environment & Natural Resources at Sectoral Level Capacity Building for PIUs in Fiduciary P152994 2015 TA Governance Management, Disbursement and Procurement P153642 Air Quality in China 2015 TA Environment & Natural Resources Assistance to Ministry of Environmental Protection P155927 2015 TA Environment & Natural Resources in Capacity Building P101122 Series of Workshop for Governmental Agencies 2016 TE Other Financial Consumer Protection and Financial Finance, Competitiveness and P128920 2016 TA Literacy in China Innovation P129832 China Clean Stove Initiative 2016 TA Energy & Extractives P143713 Options for Aged Care in China 2016 EW Social Protection & Jobs Phase II Sustainable Small Town Infrastructure Social, Urban, Rural and P150179 2016 TA Financing Resilience Global Practice P150222 Developing Low-carbon Strategy for Shenzhen 2016 TA Energy & Extractives Gender-Dimensions of Collective Forest Tenure P150286 2016 TA Environment & Natural Resources Reform in China Study on Fossil Energy Subsidies in China (Phase P151404 2016 TA Energy & Extractives One) Shanghai 2050: building a competitive city in a Social, Urban, Rural and P151491 2016 EW globalizing world Resilience Global Practice Developing an Innovative Energy Efficiency P152109 2016 EW Energy & Extractives Financing Mechanism in China Learning from Best International Practice in Smart P152139 Transport and Energy Efficiency: Applications to 2016 EW Transport WITDP and Beyond P152510 Enhancing the Role of Farmers Coops 2016 TA Agriculture P153143 China Railway Equity Finance 2016 TA Transport P153217 Institutions for local debt monitoring 2016 TA Governance Social, Urban, Rural and P154088 China Asset Management for Small Towns 2016 TA Resilience Global Practice P157099 Integrated Pro., FM & Dis. Workshop 2016 TE Governance Evaluation System for Consumer Financial Finance, Competitiveness and P148813 2017 TA Education in China Innovation P150322 Gender Impacts of ITS 2017 TA Transport P151293 Urumqi District Heating Pricing Technical 2017 TA Energy & Extractives Annexes CLR Review 44 Independent Evaluation Group Fiscal Product Proj ID Project Name Practice year Line Assistance P153731 CHINA Poverty Programmatic Approach 2017 PA Poverty and Equity China-World Bank Transport Transformation and P154695 2017 TA Transport Innovation Knowledge Platform ("TransFORM") P158921 China SOE Reform 2017 TA Other P160459 Enhancing Green Innovation in China 2017 TA Other Capacity Training Workshop to PIUs on WB FM, P161470 2017 AA Governance Disbursement and Procurement P164083 Analytics on Equity in China 2017 EW Poverty and Equity Source: WB Business Intelligence and Standard Reports 6/29/19 Annex Table 4: China Grants and Trust Funds Active in FY13-17 ($, millions) Project Approval Closing Approved Project name TF ID ID FY FY Amount P156507 GEF China Sustainable Cities Integrated Approach Pilot TF A4213 2018 2023 32.7 P156507 GEF China Sustainable Cities Integrated Approach Pilot TF A1509 2017 2018 0.3 Developing Market-based Energy Efficiency Program in P132748 TF A4256 2017 2022 17.8 China Developing Market-based Energy Efficiency Program in P132748 TF 13687 2013 2015 0.2 China P152959 Reduction and Phaseout of PFOS in Priority Sectors TF A4337 2017 2023 24.3 P152959 Reduction and Phaseout of PFOS in Priority Sectors TF A0351 2016 2017 0.3 GEF Mainstreaming Integrated Water and Environment P145897 TF A2428 2017 2022 9.5 Management GEF Mainstreaming Integrated Water and Environment P145897 TF 18633 2016 2018 0.2 Management Capacity Strengthening for Implementation of Minamata P151281 TF A3066 2017 2021 8.0 Convention on Mercury Project Capacity Strengthening for Implementation of Minamata P151281 TF A3198 2017 2018 0.2 Convention on Mercury Project Landscape Approach to Wildlife Conservation in P122383 TF A1988 2016 2020 3.0 Northeast China P147087 Promotion of Sustainable Cities in China TF A0276 2016 2018 2.0 P145533 China Contaminated Site Management Project TF A0193 2015 2022 15.0 P145533 China Contaminated Site Management Project TF 15779 2014 2016 0.3 P126832 CH GEF Municipal Solid Waste Management Project TF 18479 2015 2020 12.0 P126832 CH GEF Municipal Solid Waste Management Project TF 12035 2013 2015 0.2 P145586 China Partnership for Market Readiness TF 17222 2015 2020 10.0 P144531 Climate Smart Staple Crop Production TF 17649 2015 2021 5.1 P148805 Capacity Building of China Food and Drug Administration TF 16488 2014 2018 0.5 Capacity Building for a South-South Cooperation Platform P148842 TF 16527 2014 2017 0.3 in China-IPRCC Project P127815 China Guangdong Agricultural Pollution Control TF 15418 2014 2021 5.1 P127033 China Renewable Energy Scale-Up Program Phase II TF 15769 2014 2021 27.3 P127034 Green Energy Schemes for Low-carbon City in Shanghai TF 14205 2013 2019 4.3 P127034 Green Energy Schemes for Low-carbon City in Shanghai TF 10638 2012 2013 0.2 P127036 China GEF Large City Congestion and Carbon Reduction TF 14206 2013 2019 18.2 Annexes CLR Review 45 Independent Evaluation Group Project Approval Closing Approved Project name TF ID ID FY FY Amount Project Urban Scale Building Energy Efficiency and Renewable P130786 TF 14522 2014 2020 12.0 Energy Capacity building for mainstreaming social risk P144332 management in development policy and public TF 14490 2013 2016 0.3 investment in China Update and Implementation of NBSAP and Preparing the P143216 TF 13530 2013 2015 0.2 5th National Report to the CBD Capacity building of evaluation of China's health system P143537 TF 13943 2013 2016 0.3 reform pilots P115561 China HCFC Phase-Out Project TF 13143 2013 2019 168.5 P120932 China Technology Needs Assessment (TNA) TF 12536 2013 2016 5.0 Capacity Building for Emerging Infectious Disease P131203 TF 12401 2013 2014 2.6 Preparedness and Response in China P108592 GEF Huai River Basin Marine Pollution Reduction Project TF 12022 2012 2016 5.0 P121263 China GEF City Cluster Eco-Transport Project TF 99421 2012 2016 4.8 P125528 Dioxins Reduction from the Pulp and Paper Industry TF 11898 2012 2019 15.0 P116852 China Power Sector Transformer Efficiency Program TF 11227 2012 2015 0.9 China HFC-23 Emissions Reduction and Sustainable P094388 TF 13765 2013 2013 6.7 Development Benefits Project China HFC-23 Emissions Reduction and Sustainable P094388 TF 11379 2012 2014 2.4 Development Benefits Project China HFC-23 Emissions Reduction and Sustainable P094388 TF 99570 2011 2014 13.3 Development Benefits Project China HFC-23 Emissions Reduction and Sustainable P094388 TF 99447 2011 2014 27.7 Development Benefits Project China HFC-23 Emissions Reduction and Sustainable P094388 TF 56095 2006 2014 415.0 Development Benefits Project China HFC-23 Emissions Reduction and Sustainable P094388 TF 56096 2006 2014 515.0 Development Benefits Project P119357 China Energy Efficiency Promotion in Industry TF 99860 2012 2016 4.0 P128712 China Partnership for Market Readiness TF 10864 2012 2016 0.4 P119654 GEF Guangdong Green Freight Demonstration Project TF 99076 2011 2016 4.2 P114182 Provincial Energy Efficiency Scale-up Program TF 98703 2011 2017 13.4 Sustainable Management and Biodiversity Conservation P110661 TF 99890 2012 2016 3.0 of the Lake Aibi Basin National Development Strategy for Health Management P125493 TF 99431 2011 2015 0.3 Information Systems in China (HMIS) Strengthen the Social Assessment Capacity in Urban P125244 TF 99430 2012 2015 0.3 Construction Project in China P098915 GEF Sino-Singapore Tianjin Eco-City TF 97018 2011 2016 6.2 GEF Shanghai Agricultural and Non-point Pollution P090376 TF 97173 2011 2015 4.8 Reduction Project P101844 Sustainable Development in Poor Rural Communities (GEF TF 97197 2011 2016 4.3 Facilitating Legislation Reform of Children Road Safety in P119491 TF 95963 2010 2013 0.2 China P111325 Dashiqiao Central Heating Supply Project TF 96125 2010 2015 2.5 Building Provincial-level Capacity on Monitoring the P119470 TF 96254 2010 2013 0.3 Quality of Compulsory Education Annexes CLR Review 46 Independent Evaluation Group Project Approval Closing Approved Project name TF ID ID FY FY Amount P106133 Yunnan Whitewaters Hydro Project (ICF) TF 57128 2007 2018 19.3 P119087 CADF Preparation Grant for China CPF Projects TF 95208 2010 2014 1.4 P119799 China: Establishment of Groundwater Management Center TF 95891 2010 2013 0.2 P101521 CN-CF-Yingkou Economic Dev Zone Heating TF 96126 2010 2015 11.5 China Jiangxi Shihutang Navigation and Hydropower P101512 TF 95908 2010 2015 2.5 Complex Project Guangdong Technical and Vocational Education and P096707 TF 94998 2010 2015 0.6 Training Project P098654 Thermal Power Efficiency TF 94204 2009 2014 19.7 Promoting Equitable Social Services for Migrant Laborers P115560 TF 95070 2010 2013 0.3 in Chongqing Municipality Mainstreaming of Water User Association Monitoring and P116103 Evaluation System Into National Water Resources TF 95067 2010 2013 0.4 Investment Program P105958 Reforestation on Degraded Land in Northwest Guangxi TF 94125 2009 2020 2.2 P108516 China Guangdong Huizhou CCGT project TF 91277 2008 2015 66.4 China: China-GEF-World Bank Urban Transport P090335 TF 92489 2008 2015 21.0 Partnership Program Project P098916 China Energy Efficiency Financing TF 90719 2009 2017 13.5 P105046 Hubei Eco-Farming Biogas Project TF 91779 2008 2018 5.2 P102568 Baotou Iron & Steel Energy Efficiency Project TF 91310 2008 2017 12.4 P102567 Shandong Minhe Poultry Manure Biogas TF 91346 2008 2016 6.5 P104601 CN-CF-Meishan CDQ Project TF 91294 2008 2013 11.2 Western Provinces Rural Water Supply, Sanitation and P095315 TF 58298 2008 2013 27.2 Hygiene Promotion Project P086035 China-PCF-Tianjin Landfill Gas Recovery and Utilization TF 90480 2007 2015 7.7 P090375 China-GEF-Liaoning TF 57757 2008 2015 5.0 P090377 CN-GEF-Second Shandong Environment Project TF 56948 2007 2014 5.0 Guangxi Integrated Forestry Development and P087318 TF 57753 2007 2013 5.3 Conservation Project P087292 CN-CF-Inner Mongolia Huitengxile Wind F TF 56203 2007 2018 20.0 P068049 Hubei Hydropower Development in Poor Areas Project TF 56753 2007 2018 4.6 P090649 Facilitating Afforestation Program TF 56658 2007 2020 2.0 P088106 China - Nanjing Steel Convertor Gas Recovery Project TF 56884 2006 2020 10.9 P082993 PCB Management and Disposal Demonstration Project TF 56008 2006 2013 18.3 P087291 CN-PCF Jincheng Coal Bed Methane Project TF 56849 2006 2014 15.4 P087291 CN-PCF Jincheng Coal Bed Methane Project TF 54447 2005 2014 27.0 P072721 CN-GEF-Heat Reform & Bldg Egy Eff. TF 54687 2005 2014 18.0 P087153 CN-PCF Xiaogushan Hydropower Project TF 54446 2005 2018 13.5 P039838 CN ODS IV PHASE OUT PRJ TF 22017 1998 2013 440.0 Source: Client connection and BI as of 9/17/19 Annexes CLR Review 47 Independent Evaluation Group Annex Table 5: IEG Project Ratings for China, FY13-17 ($, millions) Total Exit Proj ID Project name Evaluated IEG Outcome IEG Risk to DO FY ($M) 2013 P039838 CN ODS IV PHASE OUT PRJ 0.0 HIGHLY SATISFACTORY NEGLIGIBLE TO LOW CN-Fuzhou Nantai Island Peri- 2013 P070519 92.9 SATISFACTORY MODERATE Urban Dev 2013 P081348 CN-HENAN TOWNS WATER 144.4 UNSATISFACTORY SIGNIFICANT MODERATELY 2013 P082993 CN-GEF-PCB Mgnt & Disposal 0.0 SIGNIFICANT SATISFACTORY MODERATELY 2013 P083322 CN-SICHUAN URBAN DEV 180.0 SIGNIFICANT SATISFACTORY 2013 P086515 CN-3rd National Railway 199.8 SATISFACTORY NEGLIGIBLE TO LOW CN-W. Region Rural Water & MODERATELY 2013 P095315 25.0 SIGNIFICANT Sanitation UNSATISFACTORY CN-GEF-Heat Reform & Bldg MODERATELY 2014 P072721 0.0 MODERATE Egy Eff. SATISFACTORY MODERATELY 2014 P077752 CN-SHANDONG ENVMT 2 136.1 NEGLIGIBLE TO LOW SATISFACTORY MODERATELY 2014 P081776 CN-GUANGDONG/PRD2 70.9 MODERATE SATISFACTORY MODERATELY 2014 P093963 CN-Guiyang Transport 100.0 SIGNIFICANT SATISFACTORY 2014 P096556 CN-Eco-Farming 119.8 SATISFACTORY MODERATE CN- GEF-Thermal Power 2014 P098654 0.0 SATISFACTORY MODERATE Efficiency CN-Liaoning Medium Cities 2014 P099992 212.8 SATISFACTORY NEGLIGIBLE TO LOW Infrastructure CN-Jiangxi Shihutang Navi & MODERATELY 2014 P101988 100.0 NEGLIGIBLE TO LOW Hydropower SATISFACTORY MODERATELY 2015 P075732 CN-SHANGHAI URBAN APL2 171.8 SIGNIFICANT UNSATISFACTORY 2015 P084437 CN-Rural Health 49.9 SATISFACTORY NEGLIGIBLE TO LOW CN-Economic Reform MODERATELY 2015 P085124 17.2 LOW Implementation SATISFACTORY CN-Migrant Skills Dev. and MODERATELY 2015 P085376 47.5 LOW Employment SATISFACTORY CN-Han River Urban MODERATELY 2015 P087224 69.9 SIGNIFICANT Environment UNSATISFACTORY CN-GEF-WB Urban Transport MODERATELY 2015 P090335 0.0 MODERATE Partnership SATISFACTORY CN-GEF-IF-Shanghai MODERATELY 2015 P090376 0.0 MODERATE Agricultural &Non-Poi SATISFACTORY CN-Fujian Highway Sector 2015 P091020 368.9 SATISFACTORY MODERATE Investment CN-Gansu Cultural & Natural 2015 P091949 35.0 SATISFACTORY MODERATE Heritage CN-LIAONING MED CITIES MODERATELY 2015 P092618 161.0 SIGNIFICANT INFRAS 2 SATISFACTORY CN - GD Tech&Vocational ED 2015 P096707 19.6 SATISFACTORY NEGLIGIBLE TO LOW and Training Annexes CLR Review 48 Independent Evaluation Group Total Exit Proj ID Project name Evaluated IEG Outcome IEG Risk to DO FY ($M) 2015 P096920 CN-Ningxia Highway 250.0 SATISFACTORY LOW CN- Bengbu Integrated MODERATELY 2015 P096925 99.9 SIGNIFICANT Environment Improv SATISFACTORY 2015 P112359 CN-NanGuang Railway 297.5 SATISFACTORY NEGLIGIBLE TO LOW CN-Jiangsu Water and 2016 P096926 129.2 SATISFACTORY MODERATE Wastewater Project CN-GEF Sino-Singapore Tianjin MODERATELY 2016 P098915 0.0 HIGH Eco-City SATISFACTORY 2016 P099062 CN-ShiZheng Railway 297.1 SATISFACTORY NEGLIGIBLE CN-Liaoning Med. Cities (LMC) MODERATELY 2016 P099224 165.0 MODERATE III SATISFACTORY CN-Sustainable Dev. in Poor MODERATELY 2016 P099751 99.8 SIGNIFICANT Rural Areas SATISFACTORY CN-Henan Ecological Livestock 2016 P100455 78.2 SATISFACTORY SIGNIFICANT Project 2016 P101258 CN-Hubei Yiba Highway 150.0 SATISFACTORY MODERATE CN Xining Flood and Watershed 2016 P101829 100.0 SATISFACTORY MODERATE Mgmt CN - Ningbo New Countryside MODERATELY 2016 P106956 50.0 SIGNIFICANT Development SATISFACTORY CN-GEF-IF Huai River Basin 2016 P108592 0.0 UNSATISFACTORY HIGH Marine Pollut CN - Nanning Urban MODERATELY 2016 P108627 97.5 MODERATE Environment UNSATISFACTORY 2016 P110661 CN-Lake Aibi Conservation 0.0 SATISFACTORY MODERATE CN-Wenchuan Earthquake MODERATELY 2016 P114107 695.8 SIGNIFICANT Recovery Project SATISFACTORY 2016 P117107 CN-Tech Vocational Ed 39.8 SATISFACTORY LOW CN-GEF Egy Efficiency MODERATELY 2016 P119357 0.0 MODERATE Promotion in Ind SATISFACTORY CN-GEF Green Freight MODERATELY 2016 P119654 0.0 LOW Demonstration SATISFACTORY 2016 P120664 CN-Urumqi District Heating 99.1 SATISFACTORY SIGNIFICANT China Technology Needs MODERATELY 2016 P120932 0.0 MODERATE Assessment (TNA) SATISFACTORY China GEF City Cluster Eco- 2016 P121263 0.0 SATISFACTORY MODERATE Transport 2017 P084874 CN- Energy Efficiency Financing 300.0 SATISFACTORY LOW CN-Chongqing Urban-Rural MODERATELY 2017 P086446 75.4 # Integration Pro UNSATISFACTORY CN-Guizhou Cultural and MODERATELY 2017 P091950 59.2 # Natural Heritage SATISFACTORY CN-Xi'an Sustainable Urban MODERATELY 2017 P092631 150.0 MODERATE Transport SATISFACTORY MODERATELY 2017 P096812 CN-Yunnan Urban Env 130.7 SIGNIFICANT SATISFACTORY 2017 P096923 CN-Shanghai APL III 200.0 SATISFACTORY # Annexes CLR Review 49 Independent Evaluation Group Total Exit Proj ID Project name Evaluated IEG Outcome IEG Risk to DO FY ($M) CN-Huai River Basin Flood 2017 P098078 200.0 SATISFACTORY MODERATE Management an. CN-Shanxi Coal Bed Methane MODERATELY 2017 P100968 80.0 # Development SATISFACTORY MODERATELY 2017 P101716 CN-Jilin Food Safety 81.1 # SATISFACTORY CN-Integrated Forestry 2017 P105872 99.1 SATISFACTORY LOW Development CN-Guizhou-Guangzhou 2017 P107559 299.5 SATISFACTORY MODERATE Railway CN - Sichuan Small Towns 2017 P110632 93.3 SATISFACTORY MODERATE Development CN-Xinjiang Water Conservation 2017 P111163 100.0 HIGHLY SATISFACTORY MODERATE Project CN-Shandong Ecological 2017 P112759 60.0 HIGHLY SATISFACTORY MODERATE Afforestation CN-Energy Efficiency Financing MODERATELY 2017 P113766 45.5 SIGNIFICANT II UNSATISFACTORY 2017 P114138 CN - Water Conservation II 76.7 SATISFACTORY # CN-GEF Provincial Energy 2017 P114182 0.0 SATISFACTORY LOW Efficiency CN-Zhejiang Qiantang River 2017 P116656 85.7 HIGHLY SATISFACTORY MODERATE Basin Small T CN-Shandong Confucius & 2017 P120234 45.7 SATISFACTORY # Mencius Culture 2017 P122321 CN-Jilin-Hunchun Railway 198.7 SATISFACTORY LOW Total 7,352.0 Source: AO Key IEG Ratings as of 8/21/19 Annex Table 6: IEG Project Ratings for China and Comparators, FY13-17 Total Total RDO % RDO % Outcome Outcome Region Evaluated Evaluated Moderate or Lower Moderate or Lower % Sat ($) % Sat (No) ($M) (No) Sat ($) Sat (No) China 7,352.2 68 91.4 88.2 49.5 54.1 EAP 21,195.5 230 86.6 78.3 55.7 53.7 World 116,412.3 1,303 83.6 72.1 48.2 41.8 Source: WB AO as of 8/21/19 * With IEG new methodology for evaluating projects, institutional development impact and sustainability are no longer rated separately. Annexes CLR Review 50 Independent Evaluation Group Annex Table 7: Portfolio Status for China and Comparators, FY13-17 Fiscal year 2013 2014 2015 2016 2017 Ave FY13-17 China # Proj 81 87 88 86 80 84 # Proj At Risk 14 15 16 20 11 15 % Proj At Risk 17 17 18 23 14 18 Net Comm Amt 10,730 11,415 11,602 11,473 11,173 11,278 Comm At Risk 2,252 2,063 1,814 2,220 1,282 1,926 % Commit at Risk 21 18 16 19 12 17 EAP # Proj 227 237 246 245 265 244 # Proj At Risk 53 47 44 44 46 47 % Proj At Risk 23 20 18 18 17 19 Net Comm Amt 29,464 30,549 31,597 32,346 34,831 31,757 Comm At Risk 4,900 5,146 6,243 4,673 5,316 5,256 % Commit at Risk 17 17 20 14 15 17 World # Proj 1,337 1,386 1,402 1,398 1,459 1,396 # Proj At Risk 339 329 339 336 344 337 % Proj At Risk 25 24 24 24 24 24 Net Comm Amt 169,431 183,154 191,908 207,350 212,503 192,869 Comm At Risk 39,638 39,749 44,431 42,715 50,838 43,474 % Commit at Risk 23 22 23 21 24 23 Source: WB BI as of 8/21/19 Agreement type: IBRD/IDA Only Annexes CLR Review 51 Independent Evaluation Group Annex Table 8: Total Net Disbursements of Official Development Assistance and Official Aid for China ($, millions) Donor 2013 2014 2015 2016 2017 Official Donors, Total -656.55 -947.07 -332.27 -791.53 -1045.04 DAC Countries, Total -203.87 -362.95 -51.84 -215.63 -440.36 Australia 10.69 11.96 7.5 3.79 7.61 Austria 20.25 12.23 6.84 5.53 5.73 Belgium -1.99 -3.44 -2.69 -1.15 -2.81 Canada -2.25 -6.76 -10.4 -11.54 -12.54 Czech Republic 0.12 0.03 0.08 0.04 .. Denmark -5.72 -9.44 0.42 3.28 -9.1 Finland 6.33 7.31 2.32 1.97 0.66 France 148.74 91.79 68.56 58.8 64.45 Germany 371.57 425.47 545.12 589.24 403.78 Greece 0.04 0.09 0.04 0 0 Hungary 0.31 0.28 1.54 2.44 2.67 Ireland 0.06 0.02 .. 0.01 0.01 Italy -15.46 -14.65 -15.87 -15.62 -13.85 Japan -792.64 -885.67 -742.78 -949.15 -949.04 Korea -14.41 -6.76 -7.35 -5.27 -7.7 Luxembourg 0.67 0.46 0.41 0.5 0.27 Netherlands 0.69 0.39 0.38 0.48 0.92 New Zealand 1.16 0.85 0.62 0.54 0.56 Norway 21.16 19.92 11.44 10.37 10.08 Poland 13.85 -13.36 -16.74 -16.8 -16.75 Portugal 12.63 9.8 4.02 8.84 0.31 Slovak Republic 0.1 0.14 0.08 0.09 0.09 Slovenia 0.01 0.01 0.01 .. 0 Spain -17.29 -1.83 -23.44 -23.03 -31.75 Sweden 11.14 3.29 2.81 1.81 2.49 Switzerland 12.01 18.1 13.62 9.84 8.12 United Kingdom -28.1 -55.32 68.21 63.3 56.54 United States 42.46 32.14 33.42 46.09 38.87 Multilaterals, Total -463.53 -593.31 -270.03 -590.23 -612.97 EU Institutions 79.72 61.98 91.35 113.66 83.88 Regional Development Banks, Total 16.95 23.66 17.32 15.92 13.31 Asian Development Bank, Total 16.95 23.66 17.32 15.92 13.31 Asian Development Bank [AsDB] 16.95 23.66 17.32 15.92 13.31 United Nations, Total 35.31 21.05 10.63 10.03 2.02 Food and Agriculture Organisation [FAO] 0.54 .. .. .. .. International Atomic Energy Agency [IAEA] 1 0.53 0.87 0.65 0.89 IFAD 8.14 -2.45 -12.02 -8.37 -17.81 International Labour Organisation [ILO] 1.62 1.26 2.01 1.56 2.2 UNAIDS 1.38 1.21 1.32 1.15 0.94 UNDP 3.66 3.49 2.18 2.05 1.3 UNFPA 3.99 4 3.7 1.59 1.9 UNHCR .. .. .. 0.6 0.22 Annexes CLR Review 52 Independent Evaluation Group Donor 2013 2014 2015 2016 2017 UNICEF 8.92 8.71 7.97 7.07 7.96 World Health Organisation [WHO] 6.06 4.3 4.61 3.74 4.41 World Bank Group, Total -756.86 -799.45 -483.28 -796.12 -760.86 World Bank, Total -756.86 -799.45 -483.28 -796.12 -760.86 International Development Association [IDA] -756.86 -799.45 -483.28 -796.12 -760.86 Other Multilateral, Total 161.35 99.46 93.95 66.28 48.69 Global Environment Facility [GEF] 62.11 60.1 54.63 54.51 19.31 Global Fund 42.13 0.43 -0.01 -3.63 .. Global Green Growth Institute [GGGI] 0.21 0.36 0.46 0.51 0.58 Montreal Protocol 34.72 39.35 37.48 .. .. Nordic Development Fund [NDF] -0.15 -0.28 0.11 -0.25 -0.25 OPEC Fund for International Development [OFID] 22.32 -0.5 1.27 15.13 29.05 Non-DAC Countries, Total 10.85 9.18 -10.41 14.33 8.28 Croatia .. .. .. .. 0 Cyprus 0.03 .. .. .. .. Israel 2.12 3.56 1.9 1.9 .. Kuwait -9.92 -0.78 -13.11 9.44 4.57 Latvia .. 0.02 0.02 0.03 0.03 Lithuania 0.02 0.04 0.03 0.04 0.04 Romania .. 0.09 0.13 0.06 0.06 Russia 13.36 0.58 .. 0.01 .. Thailand 0.19 0.14 0.14 0.18 0.19 Turkey 5.04 5.52 0.44 2.41 3.4 United Arab Emirates 0.01 0.02 0.05 0.26 .. Private Donors, Total 19.92 9.26 18.81 21.16 78.22 Arcus Foundation .. .. 0.33 1.13 0.8 Bill & Melinda Gates Foundation 13.08 7.05 14.98 14.73 29.96 C&A Foundation 5.25 .. 0.34 2.86 1.58 Children's Investment Fund Foundation .. .. .. .. 13.02 Conrad N. Hilton Foundation .. .. 0.1 .. .. David & Lucile Packard Foundation .. .. .. .. 7.49 Ford Foundation .. .. .. .. 5.73 H&M Foundation .. .. .. 0.25 0.37 John D. & Catherine T. MacArthur Foundation .. .. .. .. 0.56 MAVA Foundation 0.53 .. 1.68 1.35 0.13 MetLife Foundation 1.06 2.2 1.39 0.85 0.46 Oak Foundation .. .. .. .. 0.8 Wellcome Trust .. .. .. .. 0.13 William & Flora Hewlett Foundation .. .. .. .. 17.19 Source: OECD Stat, [DAC2a] as of 6/10/19 *Data only available up to FY17 Annexes CLR Review 53 Independent Evaluation Group Annex Table 9: Economic and Social Indicators for China, 2013 – 2017 China EAP* World Series Name 2013 2014 2015 2016 2017 Average 2013-2017 Growth and Inflation GDP growth (annual %) 7.8 7.3 6.9 6.7 6.9 7.1 6.7 2.8 GDP per capita growth (annual %) 7.2 6.8 6.4 6.1 6.3 6.6 5.9 1.6 GNI per capita, PPP (current international 12,290.0 13,500.0 14,440.0 15,500.0 16,800.0 14,506.0 13,124.5 15,805.8 $) GNI per capita, Atlas method (current $) 6,800.0 7,520.0 7,950.0 8,250.0 8,690.0 7,842.0 6,486.0 10,643.7 (Millions) Inflation, consumer prices (annual %) 2.6 1.9 1.4 2.0 1.6 1.9 2.4 2.0 Composition of GDP (%) Agriculture, value added (% of GDP) 9.3 9.1 8.8 8.6 7.9 8.7 9.5 3.6 Industry, value added (% of GDP) 44.0 43.1 40.9 39.9 40.5 41.7 40.7 26.1 Services, etc., value added (% of GDP) 46.7 47.8 50.2 51.6 51.6 49.6 49.3 64.2 Gross fixed capital formation (% of GDP) 45.5 45.0 43.8 42.8 41.9 43.8 40.3 23.6 External Accounts Exports of goods and services (% of GDP) 24.5 23.5 21.3 19.7 19.8 21.8 26.7 29.5 Imports of goods and services (% of GDP) 22.1 21.4 18.1 17.4 18.0 19.4 24.4 28.8 Current account balance (% of GDP) 1.5 2.3 2.7 1.8 1.3 1.9 External debt stocks (% of GNI) 15.4 16.9 12.0 12.7 14.0 14.2 Total debt service (% of GNI) 0.8 0.8 1.1 1.5 1.7 1.2 1.8 Total reserves in months of imports 19.5 19.0 18.0 16.8 15.5 17.8 16.3 13.1 Fiscal Accounts /1 General government revenue (% of GDP) 27.703 28.057 28.535 28.228 28.28 28.2 General government total expenditure (% of 28.535 28.965 31.321 31.932 32.179 30.6 GDP) General government net lending/borrowing -0.832 -0.908 -2.786 -3.704 -3.9 -2.4 (% of GDP) General government gross debt (% of GDP) 36.997 39.92 41.066 44.177 46.787 41.8 Health Annexes CLR Review 54 Independent Evaluation Group China EAP* World Series Name 2013 2014 2015 2016 2017 Average 2013-2017 Life expectancy at birth, total (years) 75.8 75.9 76.1 76.3 76.4 76.1 74.4 71.9 Immunization, DPT (% of children ages 12- 99.0 99.0 99.0 99.0 99.0 99.0 92.6 84.9 23 months) Improved sanitation facilities (% of 54.3 57.0 59.7 .. .. 57.0 57.5 38.5 population with access) Improved water source (% of population 94.0 94.9 95.8 .. .. 94.9 92.6 88.0 with access) Mortality rate, infant (per 1,000 live births) 10.8 10.0 9.2 8.6 8.0 9.3 15.0 31.3 Education School enrollment, preprimary (% gross) 74.3 78.0 80.2 83.7 86.0 80.4 74.8 47.6 School enrollment, primary (% gross) 103.9 99.2 99.3 100.9 102.1 101.1 103.3 103.6 School enrollment, secondary (% gross) 95.0 .. .. .. .. 95.0 86.3 76.3 31.5 41.3 45.4 48.4 51.0 43.5 39.0 36.2 Population Population, total (Millions) 1,357,380,000 1,364,270,000 1,371,220,000 1,378,665,000 1,386,395,000 1,371,586,000 2,013,330,172 7,357,336,610 Population growth (annual %) 0.5 0.5 0.5 0.5 0.6 0.5 0.7 1.2 Urban population (% of total) 53.0 54.3 55.5 56.7 58.0 55.5 52.6 53.9 47.0 45.7 44.5 43.3 42.0 44.5 47.4 46.1 Poverty Poverty headcount ratio at $1.90 a day 1.9 1.4 0.7 .. .. 1.3 10.6 (2011 PPP) (% of pop) Poverty headcount ratio at national poverty 8.5 7.2 5.7 4.5 3.1 5.8 lines (% of pop) Rural poverty headcount ratio at national 8.5 7.2 .. .. .. 7.9 poverty lines (% of rural pop) Urban poverty headcount ratio at national .. .. .. .. .. poverty lines (% of urban pop) GINI index (World Bank estimate) 39.7 39.1 38.6 .. .. 39.1 Source: World Bank DataBank as of 6/10/19 * EAP = IDA/IBRD Only **International Monetary Fund, World Economic Outlook Database, April 2019 Annexes CLR Review 55 Independent Evaluation Group Annex Table 10: List of IFC Investments in China ($, thousands) Investments Committed in FY13-FY17 Project Cmt Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity 35988 2017 Active Health Care 120,000 40,000 - 40,000 - - 40,000 - 40,000 Industrial & Consumer 36094 2017 Active 50,000 50,000 - 50,000 - - 50,000 - 50,000 Products 36905 2017 Active Agriculture and Forestry 38,389 37,861 - 37,861 - - 37,861 - 37,861 38028 2017 Active Finance & Insurance 25,000 - 23,508 23,508 - 21,097 23,508 2,411 2,411 38104 2017 Active Chemicals 19,311 19,331 - 19,331 - - 19,331 - 19,331 38237 2017 Active Finance & Insurance 73,825 73,825 - 73,825 - - 73,825 - 73,825 38272 2017 Active Agriculture and Forestry 39,139 38,389 - 38,389 - - 38,389 - 38,389 38573 2017 Active Education Services 248,000 - 30,000 30,000 - 5,010 30,000 24,990 24,990 Collective Investment 38599 2017 Active 30,000 - 30,000 30,000 - - 30,000 30,000 30,000 Vehicles 38720 2017 Active Agriculture and Forestry 51,284 43,203 - 43,203 - - 43,203 - 43,203 Collective Investment 38790 2017 Active 15,000 - 15,000 15,000 - - 15,000 15,000 15,000 Vehicles 38815 2017 Active Electric Power 150,000 40,000 - 40,000 - - 40,000 - 40,000 Collective Investment 38818 2017 Active 400,000 - 20,000 20,000 - - 20,000 20,000 20,000 Vehicles 39459 2017 Active Chemicals 290,000 75,000 70,000 145,000 - - 145,000 70,000 145,000 38810 2017 Closed Agriculture and Forestry 10,000 - 10,000 10,000 - 10,000 10,000 - - Transportation and 39207 2017 Closed 31,000 - 15,000 15,000 - - 15,000 15,000 15,000 Warehousing 35839 2016 Active Food & Beverages 30,000 20,000 10,000 30,000 - - 30,000 10,000 30,000 36036 2016 Active Finance & Insurance 75,278 72,933 - 72,933 - - 72,933 - 72,933 36418 2016 Active Utilities 60,000 40,000 - 40,000 - - 40,000 - 40,000 36836 2016 Active Chemicals 5,461 2,000 - 2,000 - - 2,000 - 2,000 37078 2016 Active Information 3,050 - 3,050 3,050 - - 3,050 3,050 3,050 37133 2016 Active Finance & Insurance 71,224 71,224 - 71,224 50,501 - 20,723 - 20,723 37168 2016 Active Electric Power 22,500 - 22,500 22,500 - - 22,500 22,500 22,500 Collective Investment 37651 2016 Active 30,000 - 30,000 30,000 - - 30,000 30,000 30,000 Vehicles Annexes CLR Review 56 Independent Evaluation Group Project Cmt Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity 37659 2016 Active Education Services 84,828 35,070 - 35,070 - - 35,070 - 35,070 Collective Investment 37675 2016 Active 55,000 - 25,000 25,000 - - 25,000 25,000 25,000 Vehicles Transportation and 37837 2016 Active 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 Warehousing 37869 2016 Active Finance & Insurance 40,000 40,080 - 40,080 - - 40,080 - 40,080 Collective Investment 37884 2016 Active 25,000 - 25,000 25,000 - - 25,000 25,000 25,000 Vehicles Collective Investment 37897 2016 Active 25,000 - 15,000 15,000 - - 15,000 15,000 15,000 Vehicles 37919 2016 Active Finance & Insurance 19,886 19,886 - 19,886 - - 19,886 - 19,886 38558 2016 Active Finance & Insurance 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 36943 2016 Closed Health Care 50,000 25,000 - 25,000 25,000 - - - - 36962 2016 Closed Utilities 177,994 59,994 - 59,994 - - 59,994 - 59,994 37868 2016 Closed Utilities 314,000 28,000 - 28,000 4,500 - 23,500 - 23,500 37964 2016 Closed Utilities 106,000 - - - - - - - - 38394 2016 Closed Finance & Insurance 14,900 - 14,900 14,900 - 14,900 14,900 - - 33268 2015 Active Finance & Insurance 20,000 20,510 - 20,510 - - 20,510 - 20,510 33944 2015 Active Agriculture and Forestry 10,000 - 10,000 10,000 - - 10,000 10,000 10,000 34007 2015 Active Agriculture and Forestry 60,000 40,000 - 40,000 - - 40,000 - 40,000 Transportation and 34169 2015 Active 30,306 17,000 10,115 27,115 - - 27,115 10,115 27,115 Warehousing Industrial & Consumer 34313 2015 Active 224,488 96,679 - 96,679 - - 96,679 - 96,679 Products 33670 2015 Closed Utilities 4,000 - 4,000 4,000 - 2,000 4,000 2,000 2,000 34941 2015 Active Chemicals 115,000 40,000 7,500 47,500 8,000 - 39,500 7,500 39,500 34950 2015 Active Education Services 15,483 - 15,483 15,483 - 5,912 15,483 9,571 9,571 Industrial & Consumer 35042 2015 Active 30,210 30,361 - 30,361 - - 30,361 - 30,361 Products Professional, Scientific 35160 2015 Active 5,000 - 5,000 5,000 - - 5,000 5,000 5,000 and Technical Services 35255 2015 Active Finance & Insurance 64,487 64,534 - 64,534 - - 64,534 - 64,534 35266 2015 Active Utilities 428,750 80,000 50,000 130,000 0 15,000 130,000 35,000 115,000 Annexes CLR Review 57 Independent Evaluation Group Project Cmt Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity 35388 2015 Active Finance & Insurance 6,448 6,516 - 6,516 - - 6,516 - 6,516 35390 2015 Active Finance & Insurance 16,119 8,057 - 8,057 - - 8,057 - 8,057 35400 2015 Active Utilities 150,000 - 75,000 75,000 - 0 75,000 75,000 75,000 34463 2015 Closed Finance & Insurance 24,008 24,200 - 24,200 23,903 - 298 - 298 34651 2015 Closed Chemicals 106,900 20,000 - 20,000 20,000 - - - - 34899 2015 Closed Utilities 550,000 86,000 - 86,000 86,000 - - - - 35461 2015 Active Finance & Insurance 500,000 - 300,000 300,000 - 13,933 300,000 286,067 286,067 36287 2015 Active Finance & Insurance 10,000 - 10,000 10,000 - 3,954 10,000 6,046 6,046 Collective Investment 36405 2015 Active 3,800 - 3,800 3,800 - - 3,800 3,800 3,800 Vehicles Industrial & Consumer 36735 2015 Active 104,999 - 19,504 19,504 - - 19,504 19,504 19,504 Products 36989 2015 Active Chemicals 4,002 - 4,001 4,001 - - 4,001 4,001 4,001 Professional, Scientific 37169 2015 Active 1,680 1,680 - 1,680 2 - 1,678 - 1,678 and Technical Services 35269 2015 Closed Utilities 90,000 40,000 29,674 69,674 - 4,806 69,674 24,869 64,869 Professional, Scientific 35711 2015 Closed 3,000 3,000 - 3,000 - - 3,000 - 3,000 and Technical Services 35734 2015 Closed Health Care 319 - 328 328 - 20 328 309 309 36068 2015 Closed Finance & Insurance 85,918 81,391 - 81,391 - - 81,391 - 81,391 Professional, Scientific 36354 2015 Closed 2,483 2,483 - 2,483 0 - 2,483 - 2,483 and Technical Services 36557 2015 Closed Electric Power 213 213 - 213 - - 213 - 213 30266 2014 Closed Electric Power 25,000 - 25,000 25,000 - - 25,000 25,000 25,000 30374 2014 Closed Finance & Insurance 500,000 250,000 - 250,000 184,426 - 65,574 - 65,574 Professional, Scientific 33981 2014 Closed 5,620 2,620 - 2,620 - - 2,620 - 2,620 and Technical Services 34023 2014 Closed Finance & Insurance 164,082 160,844 - 160,844 - - 160,844 - 160,844 34585 2014 Closed Electric Power 5,000 - 5,000 5,000 - - 5,000 5,000 5,000 Professional, Scientific 34836 2014 Closed 3,281 3,281 - 3,281 1 - 3,280 - 3,280 and Technical Services 27286 2014 Active Pulp & Paper 1,841,248 - 58,803 58,803 - - 58,803 58,803 58,803 Annexes CLR Review 58 Independent Evaluation Group Project Cmt Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity 33256 2014 Active Finance & Insurance 17,000 17,224 - 17,224 11,471 - 5,753 - 5,753 33410 2014 Active Finance & Insurance 13,000 12,158 - 12,158 - - 12,158 - 12,158 Collective Investment 33495 2014 Active 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 Vehicles 33505 2014 Active Agriculture and Forestry 20,515 20,000 - 20,000 - - 20,000 - 20,000 33903 2014 Active Chemicals 149,000 - 15,000 15,000 - - 15,000 15,000 15,000 Collective Investment 34076 2014 Active 75,000 - 45,100 45,100 - 30,000 45,100 15,100 15,100 Vehicles Collective Investment 34122 2014 Active 15,000 - 15,000 15,000 - - 15,000 15,000 15,000 Vehicles Industrial & Consumer 34330 2014 Active 20,000 20,000 - 20,000 - - 20,000 - 20,000 Products Professional, Scientific 34428 2014 Active 4,500 - 4,500 4,500 - - 4,500 4,500 4,500 and Technical Services 34977 2014 Active Pulp & Paper 275,000 53,000 - 53,000 - - 53,000 - 53,000 34978 2014 Active Agriculture and Forestry 185,000 35,000 - 35,000 - - 35,000 - 35,000 35197 2014 Active Primary Metals 174,000 25,000 - 25,000 - - 25,000 - 25,000 30533 2013 Closed Finance & Insurance 82,500 - 81,950 81,950 - - 81,950 81,950 81,950 31717 2013 Closed Utilities 12,000 12,000 - 12,000 - - 12,000 - 12,000 31781 2013 Closed Utilities 202,800 70,000 - 70,000 70,000 - - - - 31815 2013 Closed Agriculture and Forestry 90,000 40,000 - 40,000 - - 40,000 - 40,000 31937 2013 Closed Finance & Insurance 7,876 - 5,500 5,500 - - 5,500 5,500 5,500 32156 2013 Closed Agriculture and Forestry 20,000 20,000 - 20,000 - - 20,000 - 20,000 Professional, Scientific 32256 2013 Closed 10,000 - 10,000 10,000 - - 10,000 10,000 10,000 and Technical Services 32288 2013 Closed Finance & Insurance 74,071 74,071 - 74,071 1,305 - 72,766 - 72,766 32292 2013 Closed Finance & Insurance 15,000 14,854 - 14,854 - - 14,854 - 14,854 32293 2013 Closed Finance & Insurance 10,000 9,903 - 9,903 - - 9,903 - 9,903 32391 2013 Closed Health Care 70,000 20,000 - 20,000 - - 20,000 - 20,000 32512 2013 Closed Finance & Insurance 40,096 40,184 - 40,184 39,207 - 977 - 977 32602 2013 Closed Finance & Insurance 3,587 - 3,587 3,587 - - 3,587 3,587 3,587 32927 2013 Closed Industrial & Consumer 6,000 - 6,000 6,000 - 2,000 6,000 4,000 4,000 Annexes CLR Review 59 Independent Evaluation Group Project Cmt Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity Products 33120 2013 Closed Oil, Gas and Mining 150,000 75,000 - 75,000 - - 75,000 - 75,000 33789 2013 Closed Health Care 30,000 30,000 - 30,000 30,000 - - - - 33820 2013 Closed Electric Power 27,000 27,000 - 27,000 27,000 - - - - 33821 2013 Closed Electric Power 17,000 17,000 - 17,000 17,000 - - - - 33822 2013 Closed Electric Power 6,000 6,000 - 6,000 6,000 - - - - 30726 2013 Active Finance & Insurance 25,000 24,757 - 24,757 - - 24,757 - 24,757 31568 2013 Active Agriculture and Forestry 83,600 20,000 15,000 35,000 - 927 35,000 14,073 34,073 Industrial & Consumer 32255 2013 Active 53,155 13,005 - 13,005 - - 13,005 - 13,005 Products 32286 2013 Active Finance & Insurance 70,568 70,724 - 70,724 - - 70,724 - 70,724 32287 2013 Active Finance & Insurance 70,568 40,252 - 40,252 36,279 - 3,974 - 3,974 32493 2013 Active Chemicals 91,500 30,000 - 30,000 - - 30,000 - 30,000 Collective Investment 32694 2013 Active 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 Vehicles 32961 2013 Active Chemicals 57,600 - 8,500 8,500 - - 8,500 8,500 8,500 Collective Investment 33416 2013 Active 250 - 250 250 - - 250 250 250 Vehicles Sub-Total 10,367,098 2,748,294 1,282,554 4,030,848 640,594 129,560 3,390,253 1,152,994 3,260,694 Investments Committed pre-FY13 but active during FY13-17 Project CMT Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity 30345 2012 Active Finance & Insurance 1,589 - 1,589 1,589 - - 1,589 1,589 1,589 30502 2012 Active Utilities 20,000 16,000 4,000 20,000 8,350 - 11,650 4,000 11,650 31231 2012 Active Chemicals 72,666 47,105 25,000 72,105 - - 72,105 25,000 72,105 31454 2012 Active Health Care 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 Collective Investment 31866 2012 Active 40,000 - 20,000 20,000 - - 20,000 20,000 20,000 Vehicles 32523 2012 Active Finance & Insurance 6,302 - 6,302 6,302 - 0 6,302 6,301 6,301 28916 2011 Active Finance & Insurance 2,121 - 2,121 2,121 - - 2,121 2,121 2,121 29089 2011 Active Agriculture and Forestry 42,591 - 9,591 9,591 - - 9,591 9,591 9,591 Annexes CLR Review 60 Independent Evaluation Group Project CMT Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity Industrial & Consumer 29998 2011 Active 75,000 - 75,000 75,000 - 743 75,000 74,257 74,257 Products 30021 2011 Active Pulp & Paper 250,063 - 15,279 15,279 - - 15,279 15,279 15,279 Transportation and 30190 2011 Active 10,000 - 9,000 9,000 - 972 9,000 8,028 8,028 Warehousing Professional, Scientific 30599 2011 Active 25,000 - 25,000 25,000 - 10,000 25,000 15,000 15,000 and Technical Services Collective Investment 30636 2011 Active 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 Vehicles 30850 2011 Active Finance & Insurance 17,644 - 17,644 17,644 - 50 17,644 17,594 17,594 26449 2010 Active Finance & Insurance 21,968 - 21,279 21,279 - 60 21,279 21,219 21,219 28702 2010 Active Finance & Insurance 5,770 - 5,770 5,770 - 702 5,770 5,069 5,069 28865 2010 Active Electric Power 258,663 45,000 10,000 55,000 13,000 - 42,000 10,000 42,000 28915 2010 Active Finance & Insurance 1,257 - 1,257 1,257 - - 1,257 1,257 1,257 29038 2010 Active Finance & Insurance 36,619 - 36,619 36,619 - 345 36,619 36,273 36,273 Collective Investment 26288 2009 Active 15,000 - 15,000 15,000 - - 15,000 15,000 15,000 Vehicles 26586 2009 Active Electric Power 73,528 23,200 10,000 33,200 7,200 - 26,000 10,000 26,000 Industrial & Consumer 27874 2009 Active 520,000 50,000 - 50,000 - - 50,000 - 50,000 Products Collective Investment 28062 2009 Active 25,000 - 25,000 25,000 - - 25,000 25,000 25,000 Vehicles 25511 2008 Active Finance & Insurance 331,128 - 32,345 32,345 - - 32,345 32,345 32,345 Professional, Scientific 25803 2008 Active 36,000 - 11,000 11,000 - - 11,000 11,000 11,000 and Technical Services 25940 2008 Active Finance & Insurance 7,151 - 1,059 1,059 - - 1,059 1,059 1,059 26090 2008 Active Oil, Gas and Mining 204,000 25,000 15,000 40,000 - - 40,000 15,000 40,000 Collective Investment 26239 2008 Active 15,000 - 10,000 10,000 - - 10,000 10,000 10,000 Vehicles Collective Investment 26673 2008 Active 5,000 - 5,000 5,000 - - 5,000 5,000 5,000 Vehicles Collective Investment 25364 2007 Active 30,000 - 30,000 30,000 - - 30,000 30,000 30,000 Vehicles 26096 2007 Active Finance & Insurance 75,000 786,902 - 786,902 - - 786,902 - 786,902 Annexes CLR Review 61 Independent Evaluation Group Project CMT Project Original Original Original Loan Equity Net Net Primary Sector Name Project Size Net Comm ID FY Status Loan Equity CMT Cancel Cancel Loan Equity Collective Investment 24816 2006 Active 25,000 - 25,000 25,000 - - 25,000 25,000 25,000 Vehicles Collective Investment 24835 2006 Active 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 Vehicles Collective Investment 25024 2006 Active 20,000 - 20,000 20,000 - - 20,000 20,000 20,000 Vehicles Collective Investment 23574 2005 Active 5,000 - 4,680 4,680 - 6 4,680 4,674 4,674 Vehicles 23745 2005 Active Food & Beverages 17,676 - 17,676 17,676 - 14 17,676 17,661 17,661 23943 2005 Active Finance & Insurance 57,875 - 57,875 57,875 - 202 57,875 57,672 57,672 Collective Investment 24059 2005 Active 18,000 - 18,000 18,000 - - 18,000 18,000 18,000 Vehicles Collective Investment 10044 2001 Active 6,000 - 6,000 6,000 - 1,498 6,000 4,503 4,503 Vehicles Sub-Total 2,433,609 993,207 649,085 1,642,292 28,550 14,594 1,613,742 634,491 1,599,148 TOTAL 12,800,707 3,741,501 1,931,639 5,673,140 669,144 144,153 5,003,995 1,787,486 4,859,842 Source: IFC Project Extract as of 2-28-19 Net Commitment = Original CMT less Loan and Equity Cancellation Annexes CLR Review 62 Independent Evaluation Group Annex Table 11: List of IFC Advisory Services in China Advisory Services Approved in FY13-17 Impl Impl Primary Total Funds Project Project Project Name Start End Business Managed by ID Status FY FY Line IFC, $ 601776 Yichang Municipality PPP MOU 2017 2019 ACTIVE CPC 70,000 601105 Xinjiang Waste Water Treatment 2016 2017 TERMINATED CPC 1,781,592 China Rural and Microfinance Development 592067 2014 2019 ACTIVE FIG 2,762,720 Project 599555 Green Building Regulation China Project 2014 2018 CLOSED EPS 2,394,634 599835 China Poultry Food Safety - New Hope Liuhe 2014 2015 TERMINATED MAS 130,000 600170 China Emissions Trading 2014 2017 TERMINATED FIG 738,313 Energy & Water Solutions (EWS) for 581867 2013 2018 ACTIVE MAS 3,983,929 Corporates 586187 China Digital Financial Services 2013 2019 ACTIVE FIG 2,981,439 588747 China Financial Infrastructure Development 2013 2016 HOLD EFI 1,450,000 598367 China Rural Collateral Reform 2013 2020 ACTIVE EFI 2,903,839 Sub-Total 19,196,466 Advisory Services Approved pre-FY13 but active during FY13-17 Impl Impl Primary Project Project Total Project Name Start End Business ID Status Funds, $ FY FY Line 574367 Xinjiang MCC TA 2012 2016 CLOSED FIG 1,169,948 582807 TA to Puhui Rural Guarantee Company 2012 2015 DROPPED FIG 509,078 585507 China Climate Finance Advisory 2012 2020 ACTIVE FIG 9,614,785 588467 China RMS Credit Reporting Development 2012 2019 ACTIVE EFI 1,608,661 Environment and Social Risk Management for 591367 2012 2020 ACTIVE ESG 3,803,820 FIs in China 555466 Accion Inner Mongolia Microfinance Company 2011 2013 CLOSED A2F 1,056,277 563028 SI_China Green Securities 2011 2013 TERMINATED SBA 912,000 576567 China Personal Bankruptcy Law Phase II 2011 2013 DROPPED A2F 200,000 577107 China Microfinance Advisory Program II 2011 2014 HOLD FIG 2,400,000 579607 Beichuan VTB TA 2011 2016 CLOSED FIG 1,105,335 568087 Harbin Bank VTB Network 2010 2013 CLOSED A2F 908,838 570087 TA to Renshou VTB 2010 2014 CLOSED FIG 737,090 573007 TA to CFPA Microfinance Transformation 2010 2013 CLOSED A2F 1,081,310 561188 CT I-Horizon 2009 2014 TERMINATED SBA 2,249,600 563847 CT I e-Cube Technologies Ltd. 2009 2016 DROPPED SBA 1,256,170 565612 Sichuan CCBs TA 2009 2014 CLOSED FIG 1,006,611 548525 China Microfinance Pilots 2007 2013 CLOSED A2F 1,085,997 556025 Panel Board Holding 2007 2013 TERMINATED SBA 2,189,669 China Utility-Based Energy Efficiency Finance 523295 2006 2013 CLOSED A2F 22,441,036 Program Sub-Total 55,336,225 TOTAL 74,532,691 Source: IFC AS 2-28-19 Annexes CLR Review 63 Independent Evaluation Group Annex Table 12: IFC net commitment activity in China, FY13 - FY17 2013 2014 2015 2016 2017 Total Long-term Investment Commitment Collective Investment (1,505,984) 60,013,269 (973,216) 51,381,054 5,000,000 113,915,123 Vehicles Other CTT Sectors - 5,000,000 212,795 21,523,624 15,000,000 41,736,419 Telecom, Media, and 5,999,800 13,401,360 5,162,293 (4,820,600) (1,879) 19,740,974 Technology Financial Markets 361,072,721 395,940,081 454,453,087 (15,948,170) 138,639,372 1,334,157,092 Trade Finance* Infrastructure 132,000,000 (50,000,000) 74,991,745 189,779,074 31,649,950 378,420,770 Oil, Gas & Mining 75,000,000 (2,000,000) 161,000,000 (46,000,000) - 188,000,000 Agribusiness & Forestry 79,992,458 154,727,100 122,233,755 28,677,389 129,239,942 514,870,643 Health, Education, Life 46,662,087 (25,303,159) 57,589,195 53,315,498 63,530,498 195,794,118 Sciences Manufacturing 44,567,500 54,766,070 51,002,702 22,000,000 195,000,000 367,336,272 Other MAS Sectors 20,000,000 20,000,000 3,800,000 - 30,000,000 73,800,000 Tourism, Retail, Construction & Real - - - - - - Estates (TRP) Total 763,788,582 626,544,721 929,472,355 299,907,871 608,057,883 3,227,771,411 Total Short-term Finance/Trade Finance 117,086,596 112,944,550 30,173,105 - - 260,204,251 / Average Outstanding Balance (GTFP) Source: IFC Cubes Company Portfolio Daily 5/31/19 Note: *IFC began reporting average outstanding short-term commitments (not total commitments) in FY15 and no longer aggregates short-term commitments with long-term commitments. IEG uses net commitment number for IFC's long-term investment. For trade finance guarantees under GTFP, average commitment numbers have been used. Annex Table 13: List of MIGA Activities in China, 2013-2016 ($, millions) Max Project ID Contract Enterprise FY Sector Investor Gross Status Issuance Aqualyng Cangzhou Seawater Water & 11824 2016 Active Singapore 10 Desalination Project Wastewater Total 10 Source: MIGA 5-30-19