On September 18, 2025, the New Development Bank (NDB), in collaboration with National Development and Reform Commission (NDRC) and Ministry of Finance (MOF) of the People’s Republic of China, co-organized a workshop aimed at developing NDB’s robust sovereign lending pipeline in the country.
The Workshop was held in hybrid format at the Bank’s Headquarters in Shanghai and brought together over 150 participants on-site and more than 300 participants online. The event was attended by high-level officials from NDRC and MOF, as well as representatives of more than 30 provinces and municipalities across China, to discuss project preparation for NDB’s sovereign lending program in the China for 2026-2027, which is aligned with the national development priorities and will support the forthcoming 15th Five-Year Plan (2026-2030).
In line with the Bank’s General Strategy for 2022–2026, NDB is focused on financing infrastructure and sustainable development projects in China in the following key areas: clean energy and energy efficiency, transport infrastructure, water and sanitation, environmental protection, social infrastructure and digital infrastructure. NDB’s operations in China are closely integrated with the country’s green, low-carbon transition and digital intelligence development strategies, emphasizing support for high-quality projects aligned with the national development priorities.
During the Workshop, the representatives from two NDB-financed projects – Shanxi Taiyuan Wusu Zero-carbon Airport Project and Guangdong Yudean Yangjiang Shapa Offshore Wind Power Project – shared their experiences from project entities’ perspective. Five expert guest speakers shared their insights and discussed case studies on preparing projects that promote smart and sustainable development in China, covering sectors such as renewable energy, transportation and urban development.
In his remarks, Mr. Roman Serov, NDB Vice-President and Chief Operating Officer, warmly welcomed participants, highlighting that the Bank’s operational programme prioritizes high-impact operations in alignment with the China’s development objectives.
“New Development Bank’s sovereign lending pipeline for China is developed in close consultation with the Chinese Government to align our financial support with the country’s development priorities and long-term vision. Today’s workshop is a key part of that process, serving as a platform to bring together a diverse group of stakeholders—senior government officials, provincial and municipal representatives, local government investment companies, and enterprises,” said Mr. Roman Serov, NDB VP & COO.
“Since its inception, NDB has aimed to be more than a finance provider; we strive to be a strategic partner that supports our member countries in fostering sustainable development and promoting innovation. China, as a founding member of NDB, continues to play a crucial role in shaping our agenda and direction. The projects developed through this pipeline will not only address China’s immediate development goals but also contribute to green growth, inclusive prosperity, and technology integration,” he added.
Background Information
As of September 2025, NDB has approved 30 projects in China, with a total loan approval of approximately USD 10.0 billion, accounting for 25% of the Bank’s total loan amount. At present, RMB loans account for about 67% of the total loans to China.
New Development Bank was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries, complementing the existing efforts of multilateral and regional financial institutions for global growth and development.