devinitorg/iati-policy-markers huggingface dataset:
China Minsheng Banking Co. ,Ltd. Owned by 59 institutional investors, and thousands of individual stockholders, Minsheng is the first and only national commercial bank that has a majority private sector ownership. It was incorporated on February 7, 1996, and has a full banking license. As of June 30, 2000, It has total assets of US$5.9 billion and net worth of US$700 million. It lent US$2.3 billion to customers, about 63% of which went to small and medium enterprises. It had 1,973 employees.    IFCs investment in Minsheng complements IFCs existing and planned investments in city commercial banks, by helping to meet the financing needs of private sector companies across a wide geographical area of China. Through the proposed investment, IFC will also seek to enhance Minshengs prospects for sustainability. IFCs involvement will help Minsheng to access international best practices with regard to corporate governance, capital adequacy, credit, accounting, risk management, internal controls, and other disciplines that would be critical to Minshengs future development in financing the rapid growth of Chinas vibrant small and medium-sized enterprises.  IFC can also help Minsheng in forging strategic alliances with international financial institutions.
Xiang Nian II The proposed investment is a US$30 million equivalent A-loan to Xiang Nian Foods Co. Ltd. (XN, or the  Company), an existing portfolio client of IFC. Headquartered in Nanyang, Henan Province, XN is a manufacturer of dried wheat noodles.   With the support from IFCs financing, XN successfully established the Phase I of a new dried noodle factory in Zhenping county, Henan Province. The proposed IFCs investment is critical in meeting the remaining capital expenditure and working capital needs for this new factory. Project-level development impact:
(i) create more job opportunity;
(ii) reach more farmers for supply of wheat; and
(iii) provide high quality food for consumers.

Market-level
(i) promote inclusive development in frontier regions of China; and
(ii) promote integration of supply chain.
Great Infotech GIT has two business lines, GIT Technology, which provides systems integration services and value added solutions, and GIT Software, which produces proprietary software for customers in the banking and insurance industries.  GIT was founded in July 1997 by Mr. Yu.  GIT is seeking to raise up to US$14 million to finance i) the expansion and development of GITs software product offerings, ii) select acquisitions, iii) construct a software development center and iv) working capital for market expansion of its hardware and software businesses (the project).  The project would have significant development impact by supporting a group of local entrepreneurs who have built a successful IT services firm through organic growth and who are now attempting to take the company to the next level by bringing in institutional investors to supply growth capital, market credibility, and better corporate governance.  In addition, as GIT grows, it will continue to train skilled technology workers in China and expose them to international best practices.      IFC is expected to play a significant role in structuring the deal so as to enable international investors to invest in a medium sized Chinese technology company.  The GIT management team is focused on an eventual international listing for the company''s shares given the greater transparency, liquidity and credibility that an international listing affords.  In addition to developing the investment structure, IFC''s presence will provide comfort to foreign investors in this newly evolving sector in China.  Investors are wary not only of country risk but also of intellectual property rights in China.  Despite the exceptional promise of the company, GIT has found it difficult to raise such a large round of capital in the current investment environment.  An IFC decision to invest in the company would help GIT mobilize the addition funds needed to complete the financing plan.
CWAG Project China Water Affairs Group Limited ("CWA") is a leading private sector water distribution company, listed on the main board of The Hong Kong Stock Exchange Limited. It engages principally in the investment, operation and management of tap water and sewage treatment infrastructure, distribution of water to residential, commercial and industrial users, and construction of related infrastructure in China. The proposed IFC investment in CWA will help it grow and expand services to reach water consumers mostly in 3rd-tier and 4th-tier cities and townships. The development impact of the Project is expected to include (i) improved water supply and sewage treatment access in the PRC, including higher efficiency, (ii) support of private sector participation in the water sector, (iii) support for Government of China''s development goal with regards to Urbanization as an economic development priority.
F-Road Project The proposed project will likely consist of IFCs equity investment of up to RMB50 million (US$8 million equivalent) in Shanghai F-Road Commercial Service Co., Ltd. (F-Road or the Company).  F-Road, founded in Shanghai in 2008, is a financial service provider specialized in providing financial access to customers of small financial institutions through mobile devices. The project represents an opportunity for IFC to support a leading mobile banking service provider in China which serves a large number of rural population and micro-business sector through partnering with small financial institutions, with high potential of scaling up its outreach and impacts in rural and frontier regions. By using mobile devices, the underserved rural population and micro businesses would be able to access basic banking services including money transfer, remittance, bill payment, card operations, lending, account inquiry, account management, and cash-in/out through mobile payment platform established by F-Road. The Project will achieve strong development impact and demonstrate IFC''s commitment to support financial inclusion and the development of frontier regions in China:  (i) Improve Access to Financial Services: lack of access to financial services in rural areas and frontier regions has been a challenge for China.  By using mobile networks effectively, access to financial services will no longer be limited to areas in which a bank is physically present or there is access to the Internet.  Through easier access to the financial services visa mobile devices, underserved population will experience higher financial efficiency and capture more business opportunities, leading to increased income and improved livelihood.   (ii) Promote Financial Sector Innovation: access to banking and payments services through the mobile phone is new in China.  By assisting the pioneering mobile banking service provider at this important stage and by helping develop it into a model company, IFC is expected to have demonstrative impacts and accelerate adoption.  (iii) Enhance Institution Building: through F-Road, IFC could potentially improve the operating efficiency, scale and financial transparency of small financial institutions and enable these financial institutions to reach out to their clients.
Fenglin MDF The poject cmpany, Guangxi Fenglin Forestry Development Co. Ltd. (Fenglin or the cmpany), is one of the largest medium-density fiberboard (MDF) manufacturers in China with a production capacity of 140,000 m3 p.a.. Headquartered in Nanning, Guangxi province in China, the Company supplies MDF boards to the countrys fast growing furniture and construction industries. 
The purpose of the poject is to expand the production capacity of the cmpany through the addition of a new 150,000 m3 continuous press medium- and high-density fiberboard line (MDF and HDF), a flooring panel line and a decorative panel line  all in Baise, Guangxi province in China. Another component of the project is to establish and develop an additional 200,000 mu fast growing and high yielding plantation forest to build up sufficient raw material supply for the company.
CHUEE Rizhao IFC is in discussion with Bank of Rizhao (BOR) to enter into a risk sharing facility (RSF) to support energy efficiency (EE), renewable energy (RE), and water efficiency (WE) projects with private enterprises in Shandong province (the Project).  IFC would take credit risk in a loan portfolio to be originated and funded by BOR. The Project is expected to receive support from the China Clean Development Mechanism Fund (CDM Fund), Shandong Provincial Government, and Chinese Central Government. Environmental benefit: Upon full ramp-up of the RSF, 89,112 tons of CO2 emission is estimated to be reduced per year;  Access to finance: About 25 EE, RE and WE projects will be financed under this project and most of the borrowers are expected to be SMEs. During the course, the Bank is expected to change its risk perception of EE, RE and WE loans and would be willing to extend more credits to address EE, RE and WE demand;  Capacity Building: The Project will help the Bank establish its internal capacity in identifying and assessing EE/RE/WE projects and get ready to expand the EE/RE/WE products offering in the future; and  Demonstration effect: The success of the Project will encourage more banks in Shandong to provide the much needed EE/RE/WE funding to local business. The Project, as an innovative PPP (Public Private Partnership) initiative to address China's climate change agenda, will also set a role model for other provinces across China.
CSRC China Corporation The Project Company is CSRC China Corporation, which acquired the carbon black assets from the Maanshan Golden Star Group (MGSG), a wholly owned state-owned enterprise (SOE) of the Maanshan city government.    The proposed project is to: i) modernize the existing production lines; ii) expand the carbon black production capacity from 25,000 tpy to 60,000 tp; iii) expand the electrical co-generation capacity from 3.0 MW to 4.5 MW; and iv) improve environmental and safety conditions at the plant.    The IFC investment will help transform an inefficient SOE into a sustainable, world-class business that will operate according to sound commercial principles, strong environmental performance and good corporate governance.  IFC''s investment will also promote the transfer of advanced technology and managerial know-how from the Sponsor to the local workforce.  The Project will demonstrate innovative ways in addressing the issue of redundant workers from MGSG.  By working closely with the Maanshan city government, and creating a new specialized service Small & Medium Enterprise (SME), redundant employees will be employed by providing catering, security, packaging and janitorial services to the Company.
JFLC Loan Project The proposed project will likely consist of IFC loan financings in RMB to Jiangsu Financial Leasing Co., Ltd (JFLC or the Company) to support its business growth and improve its financing structure.  JFLC, established in June 1985, is a leading financial leasing company in China and an existing IFC client. Expanding access of finance to SMEs: SMEs contribute significantly to China''s GDP growth but have been under-served by commercial banks.  The growth of JFLC, an SME focused leasing company, can help address the SMEs'' financing difficulty by providing flexible alternative channels; Supporting economic growth in frontier regions: Frontier regions have much lower financial service penetration in China. In light of the credit tightening in China, leasing addresses the local demand for funding, supports the continued growth of local economy, and thus mitigates widening gap between frontier regions and coastal regions; Promoting the development of the leasing sector: Leasing penetration is only 3.8% in China. IFC''s further investment in JFLC will have a strong development impact in promoting the development of leasing sector in China.  JFLC has maintained a sound business record and is expected to further improve its risk management capability. JFLC could become a model institution for other leasing companies to emulate, with a demonstration effect to stimulate the healthy development for the entire leasing sector.
Bus Devt Bank The proposed project is to provide a three to five year term loan to Business Development Bank (BDB or the Bank), a provider of small and medium sized enterprise (SME) financing in the eastern part of China fully owned by foreign institutional institutions.  The IFC loan will be used to broaden the credit products of the BDB to provide loans at longer tenors which are not easily available to SMEs, and help fund the growth strategy of the Bank.  The project provides IFC with a unique opportunity to assist in the development of the growing SME market in China where banks penetration rates have been low as the involvement of state banks are not strong. The proposed project is expected to have many positive impacts on Chinas financial market and economic development.  The SME sector, mostly privately owned, account for a significant proportion of employment of the country.  A growing and robust SME sector is critical to help accelerate Chinas transition to a market economy.  However due to the small scale of the SMEs, this sector has always been under served by banks which provide over 90% of funding to the economy.  Among all the difficulties, lack of access to banks financing is always cited as the top challenge faced by SMEs.  The project is expected to have the following developmental benefits:  - Increase access to credit for the underserved SME sector; - With term financing available, SMEs will be able finance investments in long term assets which is important to improve its operations and competitiveness, therefore, stimulating business growth, income and employment generation; - Strengthen BDB to expand its lending activities to SME and improve its sustainability.  This would have a strong demonstration effect to illustrate that SME financing is commercially viable and encourage other banks in China to engage in the sector.
VeriSilicon VeriSilicon is an IC (integrated circuit) design foundry providing semiconductor chip design services and intellectual property (IP) products to fabless IC companies and Original Equipment Manufacturers worldwide, primarily in Greater China and the US.  The company was founded in 2001 to serve as a bridge between China-based wafer foundries and global IC system design houses.

The purpose of the project is to provide the company capital: 

- for research and development of new IP products,
- expansion of sales and marketing efforts; and
- to support the expansion of the companys turn-key business.
Microvast Project Established in 2006, Microvast, Inc. (Microvast or the Company), is a growing research and technology driven company offering advanced power solutions for applications including electric vehicles, electric bikes, and power tools, as well as patented battery materials such as membrane, anode, electrolyte, & cathode. Microvast currently has three subsidiaries which together form a vertically integrated advanced power and technology company. 

The Companys proposed investment plan will be used to support its business expansion and continued R&D of new battery technologies. IFCs expected development impact from a potential investment in Microvast includes: 

Helping China address climate change challenges by financing a company that manufactures energy and cost efficient battery technology;

The success of this Project is expected to accelerate the development of the electric vehicle industry in China. The Project will also assist the government of China to promote the replacement of buses powered by traditional fuel with hybrid or electric buses, thus decreasing the overall carbon emissions and improving cost efficiency over time;

Replacing thousands of buses running on traditional fuel per year with electric batteries could save up to millions of kilograms of CO2; and

Enabling product transfer to other developing regions, such as Southeast and Central Asia
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         The Carlyle Group (Carlyle) has invited IFC to participate with an equity investment in a dedicated warehouse investment platform Roma Holding Company Limited (the Platform). The Platform will develop, build and operate between 10 and 15 warehouses in various cities across China. The warehouses will be built to modern efficient designs incorporating the latest green building technology, and leased to third parties such as retail and logistics operators. Expected development impact includes:
(i)	Linkages: Modern, high-quality warehouses support improved efficiencies and reduced operational costs for local businesses and supply chains. 
(ii)	Standards: Other industry players will be encouraged to raise standards by increased competition. The Project is expected to serve as a catalyst for other firms to make improvements in areas such as labor conditions, safety, efficient use of resources and environmental sustainability.
Sunshine Paper The proposed investment is a US$75 million equivalent A loan to a wholly owned subsidiary of China Sunshine Paper Holdings Company Limited (Sunshine Paper or the Company), a producer of multipurposed packaging paper in China, to increase an additional 300,000 tons production capacity of biomechanical pulp from wheat straws, and industry-pioneering initiative that would replace virgin and waste pulp in an ecological and energy-saving manner, and its related working capital needs (the Project). The Company has been listed on the Hong Kong Stock Exchange since 2007. At the Project level, the Project is expected to create income generating opportunities for farmers, as the Company will procure raw material inputs (wheat straws) from local farmers. The Project is also expected to produce economy-wide effects, with employment creation through capacity expansion. At the market level, IFC expects the Project to promote the competitiveness of Chinas paper and pulp market through competition channels. If successful, the Project will demonstrate the economic viability as well as environmental benefits of biomechanical pulping from wheat straws to other companies in the sector.
Welab Project Welab is a tech-based retail lending credit cycle management service provider, operating in Hong Kong SAR and mainland China. It uses predictive data analytics and machine learning algorithm to credit score consumers who do not have an existing credit score. Welab targets to support the underserved population to obtain modest finance. Welab is raising Series B preferred  equity to expand its business. With advanced technology, Welab is able to analyze unstructured and multidimensional data in an effective way to facilitate the credit assessment of underserved populations, and make credit decisions quickly with a fully online application process, which could largely promote the access to credit services of underserved population at a lower cost.
Xiaomi MCC Loan 0  0  0  0  0  0  0  0  0.0000       Th  e   proposed investment entails a senior loan to Chongqing Xiaomi Microfinance Co., Ltd. (Xiaomi MCC, or the Company). Xiaomi MCC, ultimately wholly owned by Xiaomi Corporation, was established in June 2015.  Xiaomi MCC provides consumer loans and instalment loans using its big data-based credit assessment methodology.  Along with its new retail strategy, Xiaomi MCC is expanding its product offering to micro, small, and medium enterprises (MSMEs). The proposed senior loan will be on-lent to MSMEs in low tier cities and counties to support their business operation. (i) Increase Access to Finance in Low Tier Regions: The proposed investment is expected to support big-data based micro lending to efficiently tap underserved MSMEs in lower tier segments; 
(ii) Promote market integration by supporting the development of new product for MSMEs: who are small business owners of mom-and-pop shops/kiosk or tech fans, to help distribute Xiaomi's product in low tier cities to promote market integration between urban and rural area; and 
(iii) Cross-Border Expansion: With the demonstration in China, the knowledge will be replicated to the countries where Xiaomi smartphone already has footprint.
Canvest WTE Canvest Environmental Protection Group Company Limited (Canvest or the company) is a pure-play Waste-to-Energy (WtE) provider focused on the development, management and operation of WtE plants. The companys business traced back to 2003 and the company was listed on the Hong Kong stock exchange in 2014.  Canvests WtE business operations include both build-own-operate (BOO) projects and build-own-transfer (BOT) projects and is focused on operating large individual project size at above 1,000 tpd. Canvest has the experience of constructing greenfield projects as well as a track record of upgrading brownfield WtE plants operating on Coal Fluidized Bed (CFB) Technology to the Moving Grate Technology in order to meet more stringent emissions standards.  The proposed IFC investment of up to HK$465,012,000, which is approximately equivalent to US$60 million Convertible Loan will support the companys WtE business growth in China in the next two years. The companys growth strategy entails a two-prong approach of acquiring brownfield projects for upgrade and expansion, and by securing greenfield projects. (a)	Supporting Leading Private Player: IFC''s partnership with Canvest, a private leading WtE player, will help promote the competition and hence the growth of the waste treatment sector, which is currently dominated by state-owned enterprises (SOEs). (b)	Significant Positive E&S Impact: Utilization of municipal waste to generate renewable energy minimizes the waste sector''s negative externalities, including significant environmental and health issues.  Such utilization also reduces waste volume by 80-90 percent. (c)	Avoidance of Emissions and Promotion of Renewable Energy: WtE by incineration, compared to traditional landfilling of waste, avoids methane gas emissions and reduces pollution to ground water caused by landfill, while producing a reliable and renewable source of electric  power.  Methane is a greenhouse gas that is at least 21 times more potent than CO2 in its impact on atmospheric pollution.  Additionally, the benefits achieved from upgrading an existing plant to a more environmentally friendly plant will also reduce other harmful emissions, such as SOx and NOx. (d)	Supporting Frontier Region Development: One of the projects that IFC will support through the Project, is located in Guangxi Zhuang Autonomous Region, a frontier region.  This is the first time Canvest invests in a project outside Guangdong province.  IFC''s involvement will help create more job opportunities and provide local economic benefits in the area.