 Overview
IFC in China
IFC Operations in China
Contacts
Our mission: Creating Opportunities, Improving Lives
Overview - IFC The International Finance Corporation is a social enterprise, fostering sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments. In partnership with private investors, IFC provides loan and equity finance for business ventures in developing countries and helps expand their economies and create jobs. IFC plays a catalytic role by demonstrating the profitability of investments in emerging markets. In all of its investments and advisory projects, IFC never loses sight of its ultimate goal: to improve the lives and raise the living standards of those in developing countries who most need the benefits of economic growth. As a member of the World Bank Group, IFC coordinates its activities with the International Bank for Reconstruction and Development, the International Development Association and the Multilateral Investment Guarantee Agency, but it is legally and financially independent. Its 179 member countries provide its share capital and collectively determine its policies. The International Finance Corporation is a social enterprise, fostering sustainable economic growth in developing countries by financing private sector investment, mobilizing capital in the international financial markets, and providing advisory services to businesses and governments. In partnership with private investors, IFC provides loan and equity finance for business ventures in developing countries and helps expand their economies and create jobs. IFC plays a catalytic role by demonstrating the profitability of investments in emerging markets. In all of its investments and advisory projects, IFC never loses sight of its ultimate goal: to improve the lives and raise the living standards of those in developing countries who most need the benefits of economic growth. As a member of the World Bank Group, IFC coordinates its activities with the International Bank for Reconstruction and Development, the International Development Association and the Multilateral Investment Guarantee Agency, but it is legally and financially independent. Its 179 member countries provide its share capital and collectively determine its policies. IFC is the world's largest multilateral source of equity and loan financing for private enterprises in developing economies. Its financing is long-term and market-priced. IFC shares project risk with sponsors and financial partners but does not participate in project management. IFC finances only a portion of the cost of any project. For every US$1 of IFC financing, other investors and lenders provide US$5. IFC's charter requires it to operate on commercial terms, targeting profitability. Corporation has made a profit every year since its inception. IFC does not accept government guarantees. IFC's participation in projects helps reassure and balance the needs of each party in a transaction: foreign investors, local partners, other creditors and government authorities.
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IFC in China China is IFC's fifth largest country portfolio and is one of IFC’s fastest growing client countries. Since its first investment in 1985, and as of July 30, 2007, IFC has invested 130 projects in China. For these projects IFC has provided US$3.28 billion: US$2.53 billion for IFC’s own account, and US$750 million for the account of participating banks. IFC operations in China are focused on: Encouraging the development of China's local private sector, including small and medium sized enterprises. Investing in the financial sector to develop competitive institutions that will meet international corporate governance and operating standards. Supporting the development of China's western and interior provinces. Promoting private investment in the infrastructure, social services and environmental industries.
The private sector has become a critical component of China's economy. IFC seeks opportunities to finance local private companies which have had limited institutional support. China's effort to liberalize its financial sector will offer new opportunities to IFC to support the development of viable private financial institutions, especially in the banking and insurance sector. For more information, please contact: Michael Ipson, Country Manager International Finance Corporation R. 1501, China World Tower 2 No. 1, Jian Guo Men Wai Street Beijing 100004, PR China
Phone: (86-10) 5860-3000 Fax (86-10) 5860-3100 Last Updated: July 2007 
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