Founded in 1994, China Development Bank (CDB) is a policy financial institution under the direct leadership of the State Council of China and was positioned as a development finance institution by the State Council in March 2015. Taking "enhancing national strength and improving people's livelihood" as the mission, CDB is mainly engaged in medium- and long-term lending and investment to support the implementation of major strategies for medium- and long-term development of China's national economy. CDB adheres to reforms and innovation and fully leverages its development financial functions such as serving the national strategies, market-oriented operation and thin margin to strengthen vitality, influence and anti-risk capability, devoting itself to becoming a world class development finance institution. Up to now, CDB owns 37 first-tier branches and 4 second-tier branches in the Chinese mainland, a branch in China's Hong Kong Special Administrative Region, and 10 representative offices outside China in Cairo, Moscow, Rio de Janeiro, Caracas, London, Vientiane, Astana, Minsk, Jakarta and Sydney. The bank also has a number of subsidiaries such as CDB Capital, CDB Securities, CDB Leasing, China-Africa Development Fund and CDB Development Fund.
CDB regards supporting the construction of a strong manufacturing and sci-tech country as an important direction of serving national strategies. Being a major bank for mid- and long-term investment and financing, CDB actively supports enterprises' sci-tech R&D and industrialization, advanced production capacity building, green manufacturing, intelligent manufacturing, etc., boosts breakthroughs of core technologies, drives high-quality development of "specialized, characteristic and innovative" SMEs and provides capital to speed up construction of major industrial projects, thus making positive contributions to serving the high-level sci-tech self-reliance and improvement.
CDB implements China's major regional development strategies and regional coordinated development strategies in an all-round and in-depth manner, supports the implementation of regional development strategies on coordinated development of the Beijing-Tianjin-Hebei region, development of the Yangtze River Economic Belt, construction of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), integrated development of the Yangtze River Delta, and ecological protection and high-quality development of the Yellow River basin, and facilitates the formation of a regional economic structure featuring complementary advantages and high-quality development.
CDB actively implements the green development philosophy, focuses on the targets of peaking carbon emissions and carbon neutrality and the tough battle against pollution, cranks up support to key projects related to clean energy, green urban-rural construction, green transportation, industrial transformation for energy conservation and environmental protection, integrated protection and restoration of mountains, waters, forests, farmlands, lakes, grasslands and deserts, construction of environment infrastructure, and pollution prevention and control, and thus contributes to building a beautiful China.
CDB upholds the principle of extensive consultation, joint contribution and shared benefits, follows international practices and market-oriented operation approaches, gives full play to the role of development finance, and endeavors to provide refined services for high-quality development of the Belt and Road Initiative (BRI). In addition, the bank contributes to high-level opening-up deployment and actively supports China's stabilization of foreign trade and foreign investment.