Since　the　first　loan　in　1981　used　for　the　Chinese　universities　project,　the　World　Bank＇s　cumulative　lending　amount　to　China　as　of　2007　fiscal　year　was　close　to　US$42.2　billion　for　a　total　of　284　development　projects.　The　World　Bank　projects　in　China　have　great　impact　on　piloting　reforms　and　supporting　institutional　development.　This　research　analyzes　project　portfolio　of　World　Bank　projects　in　China.　Data　has　been　mainly　collected　from　the　World　Bank＇s　archives,　project　monitoring　reports,　and　published　reports.　This　research　develops　two　major　strategic　models　are　being　developed:　(1)　the　program　management　of　transportation,　urban　development,　rural　development,　and　energy　projects;　(2)　the　portfolio　management　of　the　four　sectors.　The　models　proposed　by　this　project　will　help　connect　the　World　Bank　projects　to　the　national　goals.　The　results　of　this　project　suggest　that　these　same　portfolio　management　concepts　could　possibly　also　be　applied　to　other　projects.　Copyright,　American　Society　for　Engineering　Management,　2011.