From Xinhuanet (link)
World Bank‘s Board of Executive Directors yesterday approved a US$20 million loan to support China’s economic reform. It is the fifth in a series of technical cooperation projects that the Bank has funded since 1983.
The China Economic Reform Implementation Project aims to significantly increase the adoption and use of sound reform and development strategies, policies and plans in China.
This will be achieved through institutional capacity building through a series of technical assistance subprojects tailored to address specific challenges facing the government at the national and sub-national levels. The project has a strong focus on learning of new knowledge as well as on replication and scaling up efforts that work.