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.
- China Development Bank issues 1.7 billion USD of green bonds
- China Development Bank ups loan support for green projects
- China Development Bank ups support for sci-tech companies
- China Development Bank lends 104 bln yuan for transportation, logistics infrastructure development in Q1
- China Development Bank lends nearly 267 bln yuan for infrastructure development in Q1
- China's central bank unveils relending facility for sci-tech innovation
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.
Tanjung Kidurong gas-fired power plant in Sarawak, Malaysia
Copper mine in Aktogai, Kazakhstan
Ghana thermal power station undertaken by Shenzhen Energy
Lekki deep sea port in Nigeria
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- Registration Number: 05052393-11