China Development Bank
- China’s Developmental Financing Institution

Founded in March 1994, China Development Bank (CDB) functions as a development financing institution that enjoys statutory state credit under the direct jurisdiction of the State Council. Based on state credit and with proven market performance, CDB realizes the objectives of the government by promoting market evolution and implementing state policy directives through financing activities. At present, CDB has a total of 32 branches nationwide and a representative office in Hong Kong SAR.

Due to the bottleneck constraints and market deficiencies in China’s current economic development stage, CDB envisions the establishment of a long-term and stable source of capital in compliance with the requirement of the scientific concept of development and macro-control policy target，and through promoting market evolution with development financing. By raising and channeling the streams of funds, CDB seeks to mainly bolster infrastructure undertakings, basic industries, key industries and high-tech industries. Furthermore, CDB is committed to offering potent support for the growth of small and medium-sized enterprises as well as other fields of state priorities. Specific emphasis has been placed upon the perfecting of a risk control mechanism and facilitating market construction. Through promoting the coordinate development between urban and rural areas, economy and society, human and nature, domestic and opening to the outside world, and finally among China’s various regions, CDB makes strong support to the realization of government’s objectives of sustainable and steady development and security.

By leveraging its strength as a principal bank in long-term financing, CDB has extended credit facilities in excess of RMB1.6 trillion to some 4,000-odd projects over the last decade.

Under the leadership of Governor Chen Yuan, CDB is committed to undertaking further reforms and innovation by successfully reconciling financial principles with domestic realities. CDB has achieved full alignment of state credit and market performance. Its main performance indicators have rendered the bank a forerunner among its peers internationally, blazing a trail of development financing that most effectively addresses the existing social realities of the country.