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National Blueprint · One of 195

China

A nation of 1.41 billion that raised 1.3 trillion yuan, about $194 billion, through ultra-long special treasury bonds in 2026 alone, and still borrows from the World Bank for clean heating, clean rivers and low-carbon cities.

Perfect Nations values what China owns and raises capital against it, through innovative financing for development (FfD) and super intelligence (SI).

China at a glance

Work with usRead the Letter to China

What we do for China

Assets. Capital. Solutions.

Perfect Nations is a new-age sovereign advisory firm, and its clients are nations.

  1. 01AssetsThe cupFive sovereign assets, valued, from The People to The Land.
  2. 02CapitalThe laurels5 instruments and investments on record, every one sourced.
  3. 03SolutionsThe seven starsSeven basic standards of living, star by star. Shelter is furthest from reach today.

The whole logo: a Perfect Nation, where every citizen has all seven basic standards of living, led by good governance.

01Assets · The cup · Sovereign Assets

Five assets no balance sheet counts.

Each is owned today, earns today, and can carry China toward seven basic standards of living for every citizen.

  • 1406.6mCitizens, 2025

    The People

    A workforce and a market of 1.41 billion: the scale behind every Chinese industry.

  • 28.4%Of electricity from renewable sources, 2021

    The Clean Grid

    More than a quarter of the power already renewable, from dams, wind and sun.

  • 55.4%Of the land in agriculture, 2023

    The Farmland

    More than half the land farmed or grazed.

  • 24%Of the land under forest, 2024

    The Forest

    Forest across a quarter of the land.

  • 9.39M km²Land area, 2023

    The Land

    Territory to farm, power and protect.

Every figure, with its sourceThe Sovereign Assets ledger

02Capital · The laurels · Capital Architecture

Finance at a scale no other nation matches.

Bonds, guarantees, swaps and loans that raise capital against what China owns, every line sourced.

Capital Architecture

The record in figures

  • CNY 1.3tnUltra-long special treasury bonds for 2026, issuance completed 16 October 2026 (about $194.4 billion)Yicai, 2026
  • CNY 300bnSpecial treasury bonds planned for 2026 to recapitalise the large state-owned banksYicai, 2026
  • $1.05bnFour World Bank loans approved in 2024: clean heating in Shaanxi, the Yellow River, urban mobility in Yichang and low-methane livestockWorld Bank, 2024
  • 98.6%General government gross debt, share of GDP, 2025IMF, WEO Oct 2026

Capital already committed

  • GovernmentIssuedUltra-long special treasury bonds, 2026CNY 1.3tn

    Ministry of Finance · 20, 30 and 50 years · First batch 24 April, completed 16 October 2026

    Finance for major national strategies and security capacity, equipment upgrades and consumer trade-ins.

    Ministry of Finance

    Source
  • MultilateralApprovedShaanxi Energy Transition and Innovation Demonstration in the Heating Sector$300M

    World Bank · Approved 28 June 2024

    Clean heating for northern cities.

    World Bank

    Source
  • MultilateralApprovedYellow River Basin Ecological Protection and Pollution Control (Gansu and Shandong)$300M

    World Bank · Approved 29 March 2024

    A cleaner Yellow River.

    World Bank

    Source
  • MultilateralApprovedLow Carbon Transition of Urban Mobility in Yichang (Hubei)$250M

    World Bank · Approved 31 May 2024

    Low-carbon transport for a river city.

    World Bank

    Source
  • MultilateralApprovedSustainable Fodder Production and Low Methane Livestock Development$200M

    World Bank · Approved 27 June 2024

    Lower methane from livestock, more sustainable fodder.

    World Bank

    Source

The China Newswire

The Solutions Wire
Lin Xiaoyu, Nation Steward of China

Lin XiaoyuNation Steward of China · SI Researcher

Already working in China.

Independent firms and social enterprises already at work in China, highlighted by Perfect Nations. None is a partner of Perfect Nations.

Suggest an enterprise

  • The first firms and social enterprises at work in China are being gathered.

    Name one already at work there: it may be highlighted here, with its source.

03Solutions · The seven stars · Perfect Capita

Perfect China, star by star.

Perfect Capita is the yearly cost, per person, of lifting everyone above the Living Line in all seven basic living standards, set with China in its own prices.

How Perfect Capita works
China: the seven stars of the logo, one for each basic standard of living, rising from the cup; Food is the larger centre star. Each star carries the figure for China.WATER96.1%SHELTER68.9%ENERGY90%FOOD–EDUCATION81.8HEALTH85LIVELIHOOD78.7%
68.9%
Shelter · furthest from reachSafely managed sanitation; 26.3% of city dwellers live in slumsWHO/UNICEF, 2024

Tap a star for its figure and source.

The price of Perfect China

To be set with China, from its own figures and in its own prices: Perfect Capita times the people of China, each year.

Read more
  • FoodNot measuredNo FAO measure of food insecurity is published for ChinaFAO
  • Water96.1%Basic drinking water; safely managed water is not measured (lenient)WHO/UNICEF, 2024
  • Shelter68.9%Safely managed sanitation; 26.3% of city dwellers live in slumsWHO/UNICEF, 2024
  • Energy90%90% cook with clean fuels and technology; 100% have electricityWorld Bank, 2024
  • Education81.881.8% of children read a simple text by the end of primary school; 2016, datedWorld Bank, 2016
  • Health85WHO service coverage indexWHO, 2023
  • Livelihood78.7%Above US$8.30 a day; 21.3% live below itWorld Bank, 2022

Perfect Nations estimate, to be confirmed with China. Figures marked dated rest on surveys more than five years old; lenient measures are marked as such. The strict measures

Strict measures. Food: share not moderately or severely food insecure (FAO). Water: safely managed drinking water where measured; where it is not, basic water, marked as such. Shelter: the lower of safely managed sanitation and the share outside urban slums. Energy: the lower of electricity per person against 1,000 kWh and clean cooking; where electricity per person is not published, clean cooking. Education: the lower of children reading by the end of primary school and lower-secondary completion. Health: WHO service coverage index. Livelihood: share above the stricter of the national poverty line and the World Bank line for the nation’s income group (US$8.30 a day for high-income nations). Each figure links to its source.

Solutions for Perfect China

All Solutions

  • The Solution for ChinaShelter

    Ring-fence bond money for homes and sanitation.

    • 01The challenge31.1% Of people in China lack safely managed sanitation. WHO/UNICEF, 2024
    • 02The dealSocial bond, proved in Ecuador, 2020: $400M for affordable homes. Inter-American Development Bank, 2020
    • 03What Perfect Nations advisesNations where shelter is furthest from reach should issue a social bond whose proceeds can be spent only on eligible homes, toilets and sewers. With super intelligence, each unit can be planned, priced and verified, and reported to investors every year, until every family has a safe home.
    Co-design it inThe ReDesign StudioThe three mandates
Perfect Nations® · Letters to the NationsChina

Dear China,

You finance your future at a scale no other nation matches: 1.3 trillion yuan of ultra-long bonds this year alone.

Read more

Almost every one of your households has electricity, and nine in ten cook with clean fuel. Three in ten of you still lack safely managed sanitation. Let the next trillion reach the toilets and the sewers of every village.

“A trillion yuan for the great projects. Let the next one reach every village’s sanitation.”

Yours in design,Preeti SinhaPresident and CEO, Perfect Nations

Work with us · The ReDesign Studio

The Perfect China ReDesign Studio

One mission, three depths: the same four moves for China, taken as far toward market as you choose.

Read more

For the Government of China, its development partners and investors. Scope and fees are agreed in writing before any work begins.

  1. 01Identify the assets
  2. 02Estimate Perfect Capita
  3. 03Co-design the capital architecture
  4. 04Launch the instruments

  1. Mandate 013 hours

    The Nation Briefing

    A private session for the people who decide.

    You leave withThe gap, named and sized

    Read more
    1. 01The five sovereign assets on this page, walked through.
    2. 02Shelter, the standard furthest from reach, and the Gap, explained.
    3. 03The instruments that could close the Gap, shortlisted.
    4. 04The path to market, outlined.
    Request a Nation Briefing

  2. Mandate 023 days

    The Blueprint Lab

    Your team and ours, working the blueprint together.

    You leave withThe structure, drawn

    Read more
    1. 01The ledger tested against your ministries’ own data.
    2. 02Each of the seven standards costed in local prices.
    3. 03One financing structure, drawn with your team.
    4. 04A term sheet and the partners to approach.
    Plan a Blueprint Lab

  3. Mandate 03End to end

    The Sovereign Mandate

    Led personally by the President and CEO.

    You leave withA structure ready for market

    Read more
    1. 01A full sovereign asset ledger, valued and verified.
    2. 02Perfect Capita set and agreed with government, with a monitoring plan.
    3. 03The full structure: legal form, credit enhancement, guarantees and pricing.
    4. 04Taken to investors and development partners, through to close.
    Discuss a Sovereign Mandate

Co-design it with us

Where the Chinese people and Co-designers design the nation they want to live in.

  • Writings

    Write Perfect China into being.

    Up to 1,500 words on your vision of Perfect China, published with your name.

    Submit your writing

  • Voices of Perfect Nations Launching soon

    The local leaders already building Perfect China.

    Great local leaders: honest, dedicated and committed to basic standards of living for all. Every guest answers one question: “What does China already own, and how could it pay for a decent life for every citizen?”

    Nominate yourselfSuggest a guest

  • Co-designers

    Join the community.

    Everyone who shares a vision, a voice or an enterprise here becomes a Co-designer of Perfect China.

    Become a Co-designer

The China ReDesign Studio is open

Design Perfect China with us.

Share your vision, suggest a guest, or write to us: every message receives a personal reply.

Enter the ReDesign StudioWrite to usAll 195 nations
Sources
  1. World Bank, World Development Indicators (API), accessed 10 November 2026: population and ages 0 to 14, 2025; land area and agricultural and forest land; renewable fresh water per person, 2022; natural resource, oil, gas and mineral rents, 2021; renewable electricity output, 2021; tourism receipts; personal remittances; electricity access and clean cooking.
  2. The seven standards: FAO food insecurity, WHO/UNICEF JMP water and sanitation, UN-Habitat urban slums, World Bank clean cooking, learning poverty and lower-secondary completion, and poverty headcounts (all via the World Bank); WHO UHC service coverage index, 2023.
  3. IMF, World Economic Outlook, October 2026 (DataMapper, accessed 10 November 2026): general government gross debt, 2025, and real GDP growth projected for 2026.
  4. Yicai, 5 March and 16 October 2026; Xinhua via CCPIT, 27 April 2026.
  5. World Bank projects P177841, P178401, P172388 and P181021.
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