Cross-government Prosperity Fund
China Prosperity Fund Programme - Phase 2
IATI Identifier: GB-GOV-50-PF-19-CHP2
Prosperity Fund work in China consists of a portfolio of seven thematic programme areas, separated into three phases. The seven programmes are directly complementary, aligned with China’s key economic priorities and are in areas where the UK has expertise. They are designed to address market failures and weaknesses that impede China’s inclusive economic growth and will help China’s ongoing transition to an inclusive, sustainable and productive economy. Phase 2 comprises three programmes covering Health, Skills, and Future Cities. The programmes in this part of the China portfolio are expected to lead to a more healthy population with fewer early deaths from Non-Communicable Diseases; a more skilled and productive workforce; and more efficient, smart, green and sustainable cities. There will be four broad types of activity under each programme: capacity building of government and institutions, policy reform of market regulations, frameworks and standards, market development via demonstrating new technologies / commercial models and project/investor pipeline development and partnership coordination including commercial ventures. As a secondary benefit the programmes will also produce commercial benefits for international companies, including UK businesses, through an improved business environment in China for firms and investors, and through additional trade and investment opportunities in these sectors, where the UK has competitive advantages.
Sectors groups as a percentage of country budgets according to the Development Assistance Committee's classifications.
A comparison across six financial years of forecast spend and the total amount of money spent on the project to date.