China Development Bank

Transcriptions
Simplified Chinese	国家开发银行
Traditional Chinese	國家開發銀行
Hanyu Pinyin
Transcriptions
Standard Mandarin
Hanyu Pinyin	Guójiā Kāifā Yínháng

China Development Bank
	Head office in Beijing
Native name	国家开发银行
Industry	Development finance
Founded	1994
Headquarters	Beijing
Key people	Zhao Huan, Chairman
Products	Banking
Revenue	681,795,000,000 renminbi (2018)
Owner	Government-owned
Number of employees	9,000 (2021);
Website	www.cdb.com.cn

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]

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

[About_China_Development_Bank_2021-1] Cite error: The named reference About China Development Bank 2021 was invoked but never defined (see the help page).

[cdb.com.cn-2] CDB History Archived Archived 2005-07-08 at the Wayback Machine

[BloombergMagJune2011-3] Cite error: The named reference BloombergMagJune2011 was invoked but never defined (see the help page).

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