ADB is the Asian Development Bank.

The Asian Development Bank, referred to as the Asian Development Bank or the Asian Development Bank, is a regional intergovernmental financial development institution dedicated to promoting the economic and social development of developing members in Asia and the Pacific.

Since 1999, ADB has placed special emphasis on poverty alleviation as its primary strategic objective.

It is not an agency affiliated with the United Nations, but it is an agency established under the auspices of the United Nations Economic and Social Commission for Asia and the Pacific (United Nations Economic and Social Commission for Asia and the Pacific) and has close ties with the United Nations and its regional and specialized agencies.

ADB was founded on November 24, 1966 and is headquartered in Manila, the capital of the Philippines.

As of the end of December 2013, ADB had 67 members, 48 ??of whom were from the Asia-Pacific region and 19 from other regions.

China joined the ADB on March 10, 1986.

In terms of the amount of subscriptions by each country, China ranks third (6.44%), and Japan and the United States rank first (15.60%).

In terms of voting power of each country, China is also third (5.45%); Japan and the United States are tied for first (12.78%). They are both the largest contributors in this organization and have one-vote veto power.

The purpose of establishing ADB: The purpose of establishing ADB is to help developing members in the Asia-Pacific region eliminate poverty and promote economic and social development in the Asia-Pacific region through development assistance.

ADB's assistance to developing members mainly takes four forms: loans, equity investments, technical assistance, and joint financing and guarantees, in order to achieve the ultimate goal of "an Asia and the Pacific region free of poverty."

ADB mainly supports the development of its members in areas such as infrastructure, energy, environmental protection, education, and health by conducting policy dialogue, providing loans, guarantees, technical assistance, and grants.

ADB's business can be divided into three parts based on funding sources. The first is the hard loan business, that is, the Ordinary Capital Resources business (OCR); the second is the soft loan business, that is, the Asian Development Fund business (Asian Development Fund, ADF); the third is technical assistance

business.

In addition, ADB also uses bilateral loans, grants and other funding channels to arrange co-financing for projects.