2018 China Adult Tobacco Survey Report

Total Page:16

File Type:pdf, Size:1020Kb

2018 China Adult Tobacco Survey Report 2018 China Adult Tobacco Survey Report Contents Definition of indicators ................................................................................................................................... 5 Chapter 1 Introduction .................................................................................................................................... 6 Chapter 2 Survey methodology ...................................................................................................................... 9 2.1 Goals of study ...................................................................................................................................... 9 2.2 Target population ................................................................................................................................. 9 2.3 Inclusion criteria .................................................................................................................................. 9 2.4 Sampling design .................................................................................................................................. 9 2.5 Questionnaire survey .........................................................................................................................11 2.6 Data collection ...................................................................................................................................11 2.7 Statistical analysis .............................................................................................................................12 2.8 Trend analysis ....................................................................................................................................12 Chapter 3 Characteristics of samples and population ...................................................................................13 3.1 Response rate of households and individuals ....................................................................................13 3.2 Characteristics of samples and populations .......................................................................................13 Chapter 4 Smoking behavior ........................................................................................................................15 4.1 Smoking prevalence ..........................................................................................................................15 4.2 Average number of cigarettes smoked per day ..................................................................................16 4.2.1 Current smokers ...................................................................................................................16 4.2.2 Current daily smokers ..........................................................................................................17 4.3 Age to start smoking ..........................................................................................................................18 4.4 Use of specific types of cigarettes .....................................................................................................18 4.5 Analysis of tobacco epidemic trend ...................................................................................................18 Chapter 5 Smoking cessation ........................................................................................................................21 5.1 Cessation rate and cessation ratio ......................................................................................................21 5.2 Time of smoking the first cigarette after waking up ..........................................................................22 5.3 Cessation willingness ........................................................................................................................22 5.4 Cessation attempts .............................................................................................................................22 5.5 Reasons for and methods of cessation ...............................................................................................23 5.6 Relapse ratio ......................................................................................................................................23 5.7 Cessation advice from healthcare workers ........................................................................................24 5.8 Comparison with past data ................................................................................................................24 Chapter 6 E-cigarettes ...................................................................................................................................25 6.1 Percentage of hearing of e-cigarettes .................................................................................................25 6.2 Percentage of using e-cigarettes ........................................................................................................26 6.3 Route to access e-cigarettes ...............................................................................................................26 6.4 Reasons for using e-cigarettes ...........................................................................................................27 6.5 Comparison with past data ................................................................................................................27 Chapter 7 Exposure to secondhand smoke ...................................................................................................28 7.1 Rate of exposure to secondhand smoke .............................................................................................28 7.2 Households ........................................................................................................................................29 7.3 Indoor workplaces .............................................................................................................................29 7.4 Indoor public places and public transportation ..................................................................................30 7.5 Support for smoking ban ...................................................................................................................30 7.6 Comparison with past data ................................................................................................................30 Chapter 8 Tobacco control campaign ............................................................................................................33 8.1 Tobacco control messages .................................................................................................................33 8.2 Current health warnings on cigarette package ...................................................................................33 8.3 Graphic health warning on cigarette package ....................................................................................34 8.4 Comparison with past data ................................................................................................................35 Chapter 9 Tobacco advertisement, promotion and sponsorship ....................................................................36 9.1 Percentage of people viewing tobacco advertisement, promotion and sponsorship ..........................36 9.2 Percentage of people viewing tobacco advertisement .......................................................................36 9.3 Percentage of people viewing tobacco promotion and sponsorship ..................................................37 9.4 Smoking scenes .................................................................................................................................37 9.5 Comparison with past data ................................................................................................................37 Chapter 10 Knowledge, attitudes and perceptions ........................................................................................39 10.1 Perception of harms of smoking ......................................................................................................39 10.2 Perception of harms of secondhand smoke .....................................................................................40 10.3 Perception of harms of low-tar cigarettes ........................................................................................40 10.4 Comparison with past data ..............................................................................................................41 Chapter 11 Tobacco economy and tax revenue .............................................................................................42 11.1 Spending on buying cigarettes .........................................................................................................42 11.2 Public support for raising tobacco tax .............................................................................................42 11.3 Comparison with past data ...............................................................................................................43 Chapter 12 Conclusions and recommendations ............................................................................................44 12.1 Conclusions and analysis .................................................................................................................44 12.2 Recommendations ...........................................................................................................................48
Recommended publications
  • Annual Report 2019 CORPORATE INFORMATION
    CONTENTS 2 Company Profile 3 Corporate Information 5 Financial Highlights 7 Chairman’s Statement 8 Management Discussion and Analysis 29 Report of Directors 55 Directors and Senior Management 59 Corporate Governance Report 69 Environmental, Social and Governance (ESG) Report 97 Independent Auditor’s Report 101 Consolidated Statement of Profit or Loss and Other Comprehensive Income 102 Consolidated Statement of Financial Position 104 Consolidated Statement of Changes in Equity 105 Consolidated Statement of Cash Flows 107 Notes to the Consolidated Financial Statements 167 Definitions MANAGEMENT DISCUSSION AND ANALYSIS Company Profile We are one of the leading private education service groups in Chengdu, Sichuan Province, the PRC with a track record of more than 18 years in the provision of private education services. Through our schools, we provide education services to students of different age groups from kindergarten to high school. As at 1 September 2019, we operated a total 11 schools, comprising six kindergartens, one primary and middle school, two middle schools and one middle and high school in Chengdu, as well as one primary and middle school in each of Bazhong, Guangyuan and Ziyang, Sichuan Province. As at 1 September 2019, we had an enrollment of 12,082 students supported by 1,709 employees, including 986 teachers. Since 2001, we have built the foundation of our business We aim to provide quality education services with a strong upon private preschool education and expanded our emphasis on the all-round development of students. footprints to the private primary and middle school With increasing demand for quality private education education industry. In June 2001, we established Chengdu from parents in the PRC, we have undergone significant Youshi Experimental Kindergarten, our first kindergarten development since the opening of our first school in 2001.
    [Show full text]
  • World Bank Document
    CONFORMED COPY Public Disclosure Authorized LOAN NUMBER 7616-CN Loan Agreement Public Disclosure Authorized (Wenchuan Earthquake Recovery Project) between PEOPLE’S REPUBLIC OF CHINA Public Disclosure Authorized and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated March 20, 2009 Public Disclosure Authorized LOAN AGREEMENT AGREEMENT dated March 20, 2009, between PEOPLE’S REPUBLIC OF CHINA (“Borrower”) and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (“Bank”). The Borrower and the Bank hereby agree as follows: ARTICLE I – GENERAL CONDITIONS; DEFINITIONS 1.01. The General Conditions (as defined in the Appendix to this Agreement) constitute an integral part of this Agreement. 1.02. Unless the context requires otherwise, the capitalized terms used in the Loan Agreement have the meanings ascribed to them in the General Conditions or in the Appendix to this Agreement. ARTICLE II – LOAN 2.01. The Bank agrees to lend to the Borrower, on the terms and conditions set forth or referred to in this Agreement, an amount equal to seven hundred ten million Dollars ($710,000,000), as such amount may be converted from time to time through a Currency Conversion in accordance with the provisions of Section 2.07 of this Agreement (“Loan”), to assist in financing the project described in Schedule 1 to this Agreement (“Project”). 2.02. The Borrower may withdraw the proceeds of the Loan in accordance with Section IV of Schedule 2 to this Agreement. 2.03. The Front-end Fee payable by the Borrower shall be equal to one quarter of one percent (0.25%) of the Loan amount. The Borrower shall pay the Front-end Fee not later than sixty (60) days after the Effective Date.
    [Show full text]
  • Access the Report
    Contents Foreword 3 Executive Summary 4 Introduction 10 2020 Tobacco Transformation Index 15 Overall Ranking 16 Key Findings 17 Index Categories 26 1 Strategy and Management 27 2 Product Sales 34 3 Capital Allocation 41 4 Product Offer 48 5 Marketing 55 6 Lobbying & Advocacy 61 Company Profiles 64 Altria Group Inc. 65 British American Tobacco Plc 67 China National Tobacco Corp 69 Djarum PT 71 Eastern Co SAE 73 Gudang Garam Tbk PT 75 Imperial Brands Plc 77 ITC Ltd 79 Japan Tobacco Inc 81 KT&G Corp 83 Philip Morris International Inc 85 Swedish Match AB 87 Swisher International Group Inc 89 Tobacco Authority of Thailand 91 Vietnam National Tobacco Corp 93 Appendix 95 Index Scope 96 Indicators and Weights 101 Abbreviations 106 Definitions 107 Reference List 108 List of Sources 110 2020 Tobacco Transformation Index Foreword The Tobacco Transformation Index strives to stimulate competition among companies to deliver the necessary transformation of the tobacco industry for the benefit of public health. The Index creates value by highlighting differences across tobacco companies based on their actions in support of this transformation. Every two years, the Index will rank the world’s 15 most globally and regionally influential tobacco companies on their relative progress in supporting tobacco harm reduction. This ranking and supporting analyses will equip all stakeholders with valuable information for understanding and engaging with the companies to drive change. The Index is an initiative of the Foundation for a Smoke-Free World, compatible with the Industry Transformation pillar of its Strategic Plan and the smoke-free purposes set forth in its Certificate of Incorporation.
    [Show full text]
  • Lessons Learnt from Analysing the Causes of Casualties in the Sichuan
    https://doi.org/10.5194/nhess-2020-64 Preprint. Discussion started: 19 March 2020 c Author(s) 2020. CC BY 4.0 License. Lessons learnt from analysing the causes of casualties in the Sichuan Changning Ms 6.0 earthquake Wei Wang1,2, Hong Chen1, Xiaolin Jiang3, Lisiwen Ma1, Minhao Qu4 1Institute of Crustal Dynamics, China Earthquake Administration, Beijing 100085, China 5 2Institute of Engineering Mechanics, China Earthquake Administration, Harbin 150080, China 3Sichuan Earthquake Administration, Chengdu 610041, China 4National Earthquake Response Support Service, Beijing 100049, China Correspondence to: Hong Chen ([email protected]) Abstract. This paper summarizes the Ms 6.0 earthquake disaster that occurred in Changning, Sichuan Province, China, on 17 10 June 2019. Additionally, a description of the disaster emergency response is provided. As determined by on-site investigation and analysis, the direct causes of earthquake casualties are summarized. Among them, 66% of the casualties can be attributed to substandard seismic protection, 25% to improper earthquake risk avoidance, 6% to earthquake-induced geological disasters, and 3% to pre-existing diseases exacerbated by the earthquake. Responding to the causes of these four casualty types, we summarize 4 lessons, which are to build in accordance with seismic protection requirements; strengthen publicity and 15 education awareness of earthquake emergency evacuation and training for the population; investigate and evaluate potential geological disaster sources in the stricken area, along with conducting prevention and control; establish cooperation with health organizations, focusing on people who are older or have serious illnesses and conducting earthquake evacuation training and psychological counselling. 1 Disaster characteristics and disaster situation 20 An Ms 6.0 (Mw 5.8) earthquake struck Changning County, Yibin City, Sichuan Province, China, at 22:55:43 on 17 June 2019 (14:55:43 UTC on 17 June 2019).
    [Show full text]
  • ANNUAL REPORT 2020 Annual Report 147402 (Zoomlion Eng) 00
    中聯重科股份有限公司 ZOOMLION HEAVY INDUSTRY SCIENCE AND TECHNOLOGY CO., LTD. ANNUAL REPORT 2020 Annual Report 147402 (Zoomlion Eng)_00. IFC (eng)_(210x285) \ 14/04/2021 \ X11 \ P. 1 Important notice • The Board of Directors and the Supervisory Board of the Company and its directors, supervisors and senior management warrant that there are no misrepresentation, misleading statements or material omissions in this report and they shall, individually and jointly, accept full responsibility for the truthfulness, accuracy and completeness of the contents of this report. • All directors attended the Board meeting at which this report was reviewed. Definition Unless the context otherwise requires, the following terms shall have the meanings set out below: “The Company” or “Zoomlion” refers to Zoomlion Heavy Industry Science and Technology Co., Ltd. “Listing Rules” or “Listing Rules of Hong Kong” refers to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited. 147402 (Zoomlion Eng)_00. IFC (eng)_(210x285) \ 14/04/2021 \ X11 \ P. 2 CONTENTS Company Profile 2 Chairman’s Statement 4 Principal Financial Data and Indicators 7 Report of the Board of Directors 10 Management Discussion and Analysis 24 Environmental, Social and Governance Report 34 Significant Events 63 Changes in Share Capital and Shareholders 66 Directors, Supervisors, Senior Management and Employees 71 Share Option Scheme 82 Corporate Governance 86 Independent Auditor’s Report 101 Financial Statements prepared in accordance with International Financial Reporting Standards and Notes 109 147402 (Zoomlion Eng)_01. Company Profile_(210x285) \ 13/04/2021 \ X11 \ P. 2 Company Profile I. Company Information Company name (in Chinese): 中聯重科股份有限公司 Chinese abbreviation: 中聯重科 Company name (in English): Zoomlion Heavy Industry Science And Technology Co., Ltd.* English abbreviation: Zoomlion Legal representative of the Company: Zhan Chunxin Secretary of the Board of Directors/Company Secretary: Yang Duzhi Representative of securities affairs: Xu Yanlai Contact address: No.
    [Show full text]
  • New Public Service Mode in Conventional Agricultural Areas: in the Case of Heze in Shandong Province
    NEW PUBLIC SERVICE MODE IN CONVENTIONAL AGRICULTURAL AREAS: IN THE CASE OF HEZE IN SHANDONG PROVINCE UBC School of Community Regional Planning Mengying Li April 20, 2018 TABLE OF CONTENTS NEW PUBLIC SERVICE MODE IN Mode 7 CONVENTIONAL AGRICULTURAL AREAS: 4 RECOMMENDATIONS 8 IN THE CASE OF HEZE IN SHANDONG PROVINCE 1 4.1 Basic Public Service 8 TABLE OF CONTENTS 2 4.1.1 Major Towns Selection 9 EXECUTIVE SUMMARY 3 4.1.2 Basic Public Service Mode 10 1. CONTEXT 1 4.2 Developing Public Service 12 1.1 background 1 5. REFERENCE 13 1.2 Study Site (Client) 2 6. APPENDIX 14 2. RESEARCH QUESTIONS AND METHODS 3 Major town selections 14 2.1 Research Methods 3 2.1.1 Best Practice and Literature Review 3 2.2.2 Quantitative and Qualitative Analysis 3 2.2.3 Public Engagement with Stakeholders 3 3. ANALYSIS 4 3.1 principles 5 3.2 Framework of the Basic Public Service Mode 6 3.2.1 Vertical Structure of the New Mode 6 3.2.2 Horizontal Structure of the New Mode 6 3.3 Framework of the developing Service 2 EXECUTIVE SUMMARY Heze City faces some challenges in the This data-driven study offers Proper public service recommendations on how the process of urbanization: low level of urbanization, migration-urbanization principles: Heze City can have proper public phenomenon, and improper public service service mode to meet residents’ mode. Principle 1: A proper public service needs and local development. METHOD facilities mode can match with the The author used three methods including spatial pattern of urbanization and best practice and literature review, help to redistribute population, and BACKGROUND quantitative and qualitative analysis, and improve equity of public service public engagement with stakeholders, to During the new era of “13th Five-year”, China develp new public service mode.
    [Show full text]
  • Supplemental Information
    Supplemental information Table S1 Sample information for the 36 Bactrocera minax populations and 8 Bactrocera tsuneonis populations used in this study Species Collection site Code Latitude Longitude Accession number B. minax Shimen County, Changde SM 29.6536°N 111.0646°E MK121987 - City, Hunan Province MK122016 Hongjiang County, HJ 27.2104°N 109.7884°E MK122052 - Huaihua City, Hunan MK122111 Province 27.2208°N 109.7694°E MK122112 - MK122144 Jingzhou Miao and Dong JZ 26.6774°N 109.7341°E MK122145 - Autonomous County, MK122174 Huaihua City, Hunan Province Mayang Miao MY 27.8036°N 109.8247°E MK122175 - Autonomous County, MK122204 Huaihua City, Hunan Province Luodian county, Qiannan LD 25.3426°N 106.6638°E MK124218 - Buyi and Miao MK124245 Autonomous Prefecture, Guizhou Province Dongkou County, DK 27.0806°N 110.7209°E MK122205 - Shaoyang City, Hunan MK122234 Province Shaodong County, SD 27.2478°N 111.8964°E MK122235 - Shaoyang City, Hunan MK122264 Province 27.2056°N 111.8245°E MK122265 - MK122284 Xinning County, XN 26.4652°N 110.7256°E MK122022 - Shaoyang City,Hunan MK122051 Province 26.5387°N 110.7586°E MK122285 - MK122298 Baojing County, Xiangxi BJ 28.6154°N 109.4081°E MK122299 - Tujia and Miao MK122328 Autonomous Prefecture, Hunan Province 28.2802°N 109.4581°E MK122329 - MK122358 Guzhang County, GZ 28.6171°N 109.9508°E MK122359 - Xiangxi Tujia and Miao MK122388 Autonomous Prefecture, Hunan Province Luxi County, Xiangxi LX 28.2341°N 110.0571°E MK122389 - Tujia and Miao MK122407 Autonomous Prefecture, Hunan Province Yongshun County, YS 29.0023°N
    [Show full text]
  • Annual Report 2019 CONTENT
    中煙國際 (香港) 有限公司 China Tobacco International (HK) Company Limited (Incorporated in Hong Kong with limited liability) Stock code: 6055 Annual Report 2019 CONTENT Definitions 2 Company Information 4 Financial Highlights 5 Chairman’s Statement 6 Management Discussion and Analysis 7 Review of Continuing Connected Transactions 16 Directors and Senior Management 30 Report of the Directors 37 Corporate Governance Report 48 Environmental, Social and Governance Report 2019 60 Independent Auditor’s Report 86 Statement of Profit or Loss and Other Comprehensive Income 91 Statement of Financial Position 92 Statement of Changes in Equity 94 Statement of Cash Flows 95 Notes to the Financial Statements 96 Financial Summary 140 2 China Tobacco International (HK) Company Limited Definitions In this annual report, unless the context otherwise requires, the following terms shall have the meanings set forth below. “AGM” annual general meeting of the Company; “Audit Committee” the audit committee of the Board; “Board” or “Board of Directors” the board of Directors of the Company; “China” or “PRC” the People’s Republic of China; for the purpose of this report only, references to “China” or the “PRC” do not include the Hong Kong Special Administrative Region, the Macau Special Administrative Region and Taiwan; “CNTC” China National Tobacco Corporation* (中國煙草總公司), an enterprise incorporated in the PRC and the ultimate controlling shareholder of the Company; “CNTC Group” CNTC and its subsidiaries; “Company” or “we” China Tobacco International (HK) Company Limited
    [Show full text]
  • Congressional-Executive Commission on China Annual Report 2019
    CONGRESSIONAL-EXECUTIVE COMMISSION ON CHINA ANNUAL REPORT 2019 ONE HUNDRED SIXTEENTH CONGRESS FIRST SESSION NOVEMBER 18, 2019 Printed for the use of the Congressional-Executive Commission on China ( Available via the World Wide Web: https://www.cecc.gov VerDate Nov 24 2008 13:38 Nov 18, 2019 Jkt 036743 PO 00000 Frm 00001 Fmt 6011 Sfmt 5011 G:\ANNUAL REPORT\ANNUAL REPORT 2019\2019 AR GPO FILES\FRONTMATTER.TXT CONGRESSIONAL-EXECUTIVE COMMISSION ON CHINA ANNUAL REPORT 2019 ONE HUNDRED SIXTEENTH CONGRESS FIRST SESSION NOVEMBER 18, 2019 Printed for the use of the Congressional-Executive Commission on China ( Available via the World Wide Web: https://www.cecc.gov U.S. GOVERNMENT PUBLISHING OFFICE 36–743 PDF WASHINGTON : 2019 VerDate Nov 24 2008 13:38 Nov 18, 2019 Jkt 036743 PO 00000 Frm 00003 Fmt 5011 Sfmt 5011 G:\ANNUAL REPORT\ANNUAL REPORT 2019\2019 AR GPO FILES\FRONTMATTER.TXT CONGRESSIONAL-EXECUTIVE COMMISSION ON CHINA LEGISLATIVE BRANCH COMMISSIONERS House Senate JAMES P. MCGOVERN, Massachusetts, MARCO RUBIO, Florida, Co-chair Chair JAMES LANKFORD, Oklahoma MARCY KAPTUR, Ohio TOM COTTON, Arkansas THOMAS SUOZZI, New York STEVE DAINES, Montana TOM MALINOWSKI, New Jersey TODD YOUNG, Indiana BEN MCADAMS, Utah DIANNE FEINSTEIN, California CHRISTOPHER SMITH, New Jersey JEFF MERKLEY, Oregon BRIAN MAST, Florida GARY PETERS, Michigan VICKY HARTZLER, Missouri ANGUS KING, Maine EXECUTIVE BRANCH COMMISSIONERS Department of State, To Be Appointed Department of Labor, To Be Appointed Department of Commerce, To Be Appointed At-Large, To Be Appointed At-Large, To Be Appointed JONATHAN STIVERS, Staff Director PETER MATTIS, Deputy Staff Director (II) VerDate Nov 24 2008 13:38 Nov 18, 2019 Jkt 036743 PO 00000 Frm 00004 Fmt 0486 Sfmt 0486 G:\ANNUAL REPORT\ANNUAL REPORT 2019\2019 AR GPO FILES\FRONTMATTER.TXT C O N T E N T S Page I.
    [Show full text]
  • Research on the Influencing Factors of the Construction of Tourism and Leisure Characteristic Towns in Sichuan Province Under Th
    2021 International Conference on Education, Humanity and Language, Art (EHLA 2021) ISBN: 978-1-60595-137-9 Research on the Influencing Factors of the Construction of Tourism and Leisure Characteristic Towns in Sichuan Province under the Background of New Urbanization Yi-ping WANG1,a,* and Xian-li ZHANG2,b 1,2School of Business, Southwest Jiaotong University Hope College, Chengdu, Sichuan, China [email protected], [email protected] *Corresponding author Keywords: Tourism and leisure characteristic towns, Influencing factors, New urbanization. Abstract. Promoting the construction of characteristic towns under the background of new urbanization is an important way for my country to break the bottleneck of economic development and realize economic transformation and upgrading. In recent years, although the construction of characteristic towns in Sichuan Province has achieved remarkable results and a large number, especially tourist and leisure characteristic towns accounted for the largest proportion, they still face urgent problems such as avoiding redundant construction, achieving scientific development, and overall planning. This study takes 20 cultural tourism characteristic towns selected by the first batch of Sichuan Province as the research object, combined with field research and tourist questionnaire surveys, and screened out relevant influencing factors of characteristic towns from different aspects such as transportation, economy, industry, ecology, historical and cultural heritage. Analyze the correlation with the development level of characteristic towns in order to find out the key factors affecting the development of characteristic towns of this type, provide a policy basis for the scientific development and overall planning of reserve characteristic towns in our province, and contribute to the construction of new urbanization And provide advice and suggestions on the development of tourism industry in our province.
    [Show full text]
  • Research on Tobacco in China
    HNP DISCUSSION PAPER Economics of Tobacco Control Paper No. 21 Research on Tobacco in China: About this series... An annotated bibliography of research on tobacco This series is produced by the Health, Nutrition, and Population Family (HNP) of the World Bank’s Human Development Network. The papers in this series aim to provide a vehicle for publishing preliminary and unpolished results on HNP topics to encourage discussion and use, health effects, policies, farming and industry debate. The findings, interpretations, and conclusions expressed in this paper are entirely those of the author(s) and should not be attributed in any manner to the World Bank, to its affiliated organizations or to members of its Board of Executive Directors or the countries they represent. Citation and the use of material presented in this series should take into account this provisional character. For free copies of papers in this series please contact the individual authors whose name appears on the paper. Joy de Beyer, Nina Kollars, Nancy Edwards, and Harold Cheung Enquiries about the series and submissions should be made directly to the Managing Editor Joy de Beyer ([email protected]) or HNP Advisory Service ([email protected], tel 202 473-2256, fax 202 522-3234). For more information, see also www.worldbank.org/hnppublications. The Economics of Tobacco Control sub-series is produced jointly with the Tobacco Free Initiative of the World Health Organization. The findings, interpretations and conclusions expressed in this paper are entirely those of the authors and should not be attributed in any manner to the World Health Organization or to the World Bank, their affiliated organizations or members of their Executive Boards or the countries they represent.
    [Show full text]
  • Loan Agreement
    OFFICIAL DOCUMENTS Public Disclosure Authorized LOAN NUMBER 8927-CN Loan Agreement Public Disclosure Authorized (Guizhou Aged Care System Development Program) between PEOPLE'S REPUBLIC OF CHINA and Public Disclosure Authorized INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Public Disclosure Authorized LOAN AGREEMENT AGREEMENT dated as of the Signature Date between PEOPLE'S REPUBLIC OF CHINA ("Borrower") and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT ("Bank"). The Borrower and the Bank hereby agree as follows: ARTICLE I - GENERAL CONDITIONS; DEFINITIONS 1.01. The General Conditions (as defined in the Appendix to this Agreement) apply to and form part of this Agreement. 1.02. Unless the context requires otherwise, the capitalized terms used in this Agreement have the meanings ascribed to them in the General Conditions or in the Appendix to this Agreement. ARTICLE II- LOAN 2.01. The Bank agrees to lend to the Borrower the amount of three hundred five million seven hundred thousand Euro (E305,700,000), as such amount may be converted from time to time through a Currency Conversion ("Loan"), to assist in financing the program described in Schedule 1 to this Agreement ("Program"). 2.02. The Borrower may withdraw the proceeds of the Loan in accordance with Section IV of Schedule 2 to this Agreement. All withdrawals from the Loan Account shall be deposited by the Bank into an account specified by the Borrower and acceptable to the Bank. 2.03. The Front-end Fee is one quarter of one percent (0.25%) of the Loan amount. 2.04. The Commitment Charge is one quarter of one percent (0.25%) per annum on the Unwithdrawn Loan Balance.
    [Show full text]