CDB Development Fund is incorporated by CDB as a policy-oriented investment organization on 25 August 2015 with registered capital of RMB 50 billion, according to the decision and arrangements made by the State Council. It mainly supports construction projects in key sectors recognized by the state. Investment is conducted through project capital investment, equity investment, shareholder loans and investments in local investment and financing company funds, to fill the capital gaps in key projects. So far, it has injected capital into thousands of major national projects. As an important measure to boost investment and stabilize economic growth, CDB Development Fund provides financial support for projects in key sectors. It also represents a major innovation in the Chinese investment and financing system reform, as well as a new policy instrument for CDB to serve national strategies. It serves to strengthen the role played by development finance in key sectors and “weak links” during important transitional periods.