Founded in 1994, China Development Bank (CDB) is a state-owned development finance institution dedicated to supporting China's economic development in key industries and underdeveloped sectors. Taking supporting national development and delivering a better life for people as its mission, CDB leverages its strength as a leading bank for medium- and long-term financing and comprehensive financial services and mobilizes economic resources to support key areas. CDB operates on market principles with the backing of sovereign credit and ensures principal safety and modest profit. Its vigor, influence and risk resilience have been growing continuously, putting it on track to be a world-class, modern development finance institution and a steady force of support for China's economic and social development. At the end of 2022, CDB had RMB18.2 trillion total assets. It has 37 primary and 4 secondary branches in the Chinese mainland, one branch in China's HKSAR and 11 representative offices outside China in Cairo, Moscow, Rio de Janeiro, Caracas, London, Vientiane, Astana, Minsk, Jakarta, Sydney and Budapest. CDB has more than 10,000 employees. Its subsidiaries include CDB Capital, CDB Securities, CDB Leasing, China-Africa Development Fund, CDB Development Fund and CDB Infrastructure 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.
The Yinchuan-Xi'an rail lineThe project is an integral part of the nationwide high-speed railway network connecting Baotou with Haikou via Yinchuan. It serves as a huge infrastructural boost to the development of the Shaanxi-Gansu-Ningxia old revolutionary base and western China. By the end of 2020, the total financing provided by CDB to the project stood at 6.933 billion yuan.
The new airport in QingdaoThis is an important project for developing the transport system of the city cluster on Shandong Peninsula, which will be a regional gateway airport for northeast Asia. CDB, as the lead bank in syndicated loans, provided 7.756 billion yuan in financing for the project.
The Yangtze River Economic Belt green development demonstration project in Guangyang Island of ChongqingChongqing-located Guangyang Island is the largest island in the upper reaches of the Yangtze River and also an innovation base designated by the Ministry of Ecology and Environment for practicing the instruction about "lucid waters and lush mountains are invaluable assets". By the end of 2020, CDB had issued 6.4 billion yuan of loans for the project.
The Nanjing urban rail transit projectAs part of the regional infrastructure development plan of Nanjing, this project is of great significance to the construction of Nanjing metropolitan area and the integrated development of Nanjing, Zhenjiang and Yangzhou. By the end of 2020, CDB had issued 43.973 billion yuan of loans for the project.
The Yongding River basin comprehensive treatment and ecological restoration projectThe project is an important water project under the 13th Five-Year Plan and the first demonstration project for inter-province comprehensive river basin treatment, with a special significance for Beijing-Tianjin-Hebei integration. CDB has made a loan commitment of 1.459 billion yuan to this project.
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.
The Phase I project of Xuzhou circular economy industrial parkThe phase I project of Xuzhou circular economy industrial park is among China's first batch of resource recycling bases and an important carrier for piloting construction of state-level "waste-free cities", and is of great significance to exploring a new financing model for ecology and environmental protection with reference and replication value. CDB made a loan commitment of 4.547 billion yuan to this project.
The No. 5 and No. 6 nuclear power units project of Fuqing nuclear power station in Fujian ProvinceThe successful grid-connected power generation of No. 5 and No. 6 nuclear power units of Fuqing nuclear power plant in Fujian Province is of great significance to China's optimization of energy mix and promotion of green and low-carbon development. CDB issued loans of 7.438 billion yuan to this project.
The integrated water pollution prevention and treatment project for the upper reaches of Yi River in Luanchuan County of Luoyang City in Henan ProvinceAs an integral part of local water conservancy construction, the project of integrated water pollution prevention and management in the upper reaches of the Yi River in Luanchuan, Luoyang, Henan Province is of great significance to the ecological protection and high-quality development of the Yellow River basin in Luoyang. CDB made a loan commitment of 895 million yuan to this project.
Four sewage treatment plants in ShenyangTransformation and upgrading project of four sewage treatment plants in Shenyang city is meaningful to improving the sewage treatment quality in Shenyang. By the end of 2020, CDB had issued loans of 907 million yuan to this project.
The Dateng Gorge water conservancy junction projectDateng Gorge water conservancy junction project integrates comprehensive benefits such as flood control, shipping, power generation, water resources allocation, and irrigation and upon completion, it will provide a solid guarantee for water security in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). As the leading bank of the bank consortium, CDB issued medium- and long-term loans of 8.466 billion yuan to the project.
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.