What bank is China Development Bank?

China Development Bank is a policy bank and a non-profit professional financial institution established by the government to implement the government's economic policies and carry out financial business in specific fields. Separating policy finance from commercial finance, establishing policy banks, strictly defining policy business, realizing the commercialization of specialized banks, developing commercial banks and vigorously developing commercial financial services to meet the needs of market economy are important contents of China's financial system reform.

Policy banks do not aim at profit, but directly or indirectly engage in policy financing activities in specific business areas in order to implement and cooperate with the government's social and economic policies or intentions. They are tools for the government to develop economy, promote social progress and carry out macroeconomic management.

What does China Development Bank do?

The business of China Development Bank mainly includes intermediary business, capital business and comprehensive financial business.

The comprehensive financial business is mainly operated by CDB Capital Co., Ltd., which was established in August 2009 and is a subsidiary of China Development Bank. CDB Capital Co., Ltd. is the largest comprehensive investment institution registered in China with strong financial strength. China National Development Bank has set up several overseas branches in London, Astana and Rio de Janeiro.