Back بنك التنمية الصيني Arabic China Development Bank German Ĉinia Disvolva Banko Esperanto بانک توسعه چین Persian China Development Bank Finnish Banque de développement de Chine French הבנק לפיתוח סין HE China Development Bank ID 国家開発銀行 Japanese 국가개발은행 Korean

China Development Bank

China Development Bank
Native name
国家开发银行
IndustryDevelopment finance
Founded1994
HeadquartersBeijing
Key people
Zhao Huan, Chairman
ProductsBanking
Revenue681,795,000,000 renminbi (2018) Edit this on Wikidata
OwnerGovernment-owned
Number of employees
  • 9,000 (2021)
[1]
Websitewww.cdb.com.cn Edit this at Wikidata
Simplified Chinese国家开发银行
Traditional Chinese國家開發銀行
Transcriptions
Standard Mandarin
Hanyu PinyinGuójiā Kāifā Yínháng

China Development Bank (CDB) is a policy bank of China under the State Council. Established in 1994, it has been described as the engine that powers the national government's economic development policies.[2][3] It has raised funds for numerous large-scale infrastructure projects, including the Three Gorges Dam and the Shanghai Pudong International Airport.

The bank is the second-largest bond issuer in China after the Ministry of Finance. In 2009, it accounted for about a quarter of the country's yuan bonds and is the biggest foreign-currency lender. CDB debt is owned by local banks and treated as a risk-free asset under the proposed People's Republic of China capital adequacy rules (i.e. the same treatment as PRC government bonds).[3]

  1. ^ Cite error: The named reference About China Development Bank 2021 was invoked but never defined (see the help page).
  2. ^ CDB History Archived Archived 2005-07-08 at the Wayback Machine
  3. ^ a b Cite error: The named reference BloombergMagJune2011 was invoked but never defined (see the help page).

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