China became the EBRD’s 67th shareholder when it joined the Bank in January 2016.
China will not receive EBRD funding. But we encourage Chinese companies to become involved in our investments and to apply for procurement and consultancy opportunities associated with our projects.
China and the EBRD: at a glance
0.096% capital share
€3.47bn China-EBRD investments (as of February 2023)
Cooperation between China and the EBRD is already deep and wide-ranging.
China has contributed €44m to the Chernobyl Shelter Fund, which we manage, and subscribed to the EBRD’s Equity Participation Fund, helping to direct more investment finance to the EBRD’s regions.
The value of joint China-EBRD investment stood at €3.47 billion as of February 2023. EBRD finance accounted for €1.93 billion and China investment accounted for €1.54 billion.
The joint investment has been across the EBRD’s region in various countries: in Türkiye, Kazakhstan, Uzbekistan, and Azerbaijan.
Broken down by industry, the joint investment has been in the following industries: sustainable infrastructure, industry, commerce and agribusiness, and financial institutions.
We have arranged a number of syndications with Chinese banks and invested with a number of Chinese sponsors.
Chinese banks and branches of banks have joined our Trade Facilitation Programme as Confirming Banks. Since inception, the TFP has supported 987 export and import transactions for Chinese companies for a total € 340.32 million, for transactions which were initiated by banks in the EBRD countries of operation and confirmed by banks in both China and abroad. Fifteen Chinese banks and branches of banks have joined the programme as Confirming Banks (all figures as at December 2022).
From 2018 to 2022, entities from China won 59 procurement and consultancy contracts worth €1.28 billion.
We have also invested in a co-financing deal with the Beijing-based Asian Infrastructure Investment Bank (AIIB).
Beijing hosted our second Central Asia Investment Forum in November 2018.