China Development Bank
Last updated on 08 Mar 2024

Key facts


The CDB operates as an independent legal entity under the direct leadership of the State Council. It is dedicated to supporting China's economic development in key industries and underdeveloped sectors.

No.18, FuXingMenNei Street
XiCheng District
Beijing 100031
People’s Republic of China

+86 10 6830 6688

www.cdb.com.cn
PUBLIC
1994
Credit rating (Fitch)
A+
Foreign currency

Exposure


FY 2022 exposure top sectors

Urban renewal
19%
Road transportation
18%
Power
10%
Water, environmental, utilities
10%
Railway
8%

FY 2017 exposure

China

98 %

Other

2 %

Products


  • The CDB offers as part of its core range of loan products:
    • Foreign currency loans for long-term projects
    • Foreign currency liquidity loans
    • Offshore RMB loans
    • Sovereign loans
  • It can also offer buyer and seller credits, subsidized loans, and overseas refinancing
  • In addition to providing overseas investment and offering a bilateral and multilateral cooperation fund, CDB also has the below funds:
    • China-Africa Development Fund (CAD Fund)
    • Fund for Development Cooperation between China and Portuguese-speaking countries
  • Import and export letters of credit
  • Import and export payment collection
  • Inward and outward remittance
  • Cross-border RMB import and export collection
  • Cross-border RMB import and export letters of credit
  • Cross-border RMB remittance
  • CDB can provide a broad range of investment consulting services, including Africa-related information, special advising, deal making, and investment banking services
  • Special loans for SMEs pursuing business in Africa, Germany, or Caribbean countries
  • Special financing arrangements between Hungary, Greece, and Germany
  • Institutional arrangements for nuclear power equipment and high-speed rail “going abroad” projects

Policies


  • The CDB is committed to supporting Chinese companies “going abroad,” and serves the country’s Belt and Road initiative
  • Strategic priorities:
    • Infrastructure development
    • Electric power
    • Oil and gas infrastructure
    • Railways
    • Highways
    • Logistics
    • Civil aviation
    • Agriculture
    • Water resources
    • Urban rail transit
    • Manufacturing and technological innovation
    • Financial relief and energy supply
    • Balanced regional development and urbanization
    • People's livelihood
    • Student loans
    • Rural revitalizatoin
    • Housing
    • Elderly care and healthcare
    • Green finance
    • National forest reserve
    • Clean energy, pollution control, carbon reduction
    • High quality belt and road cooperation
  • The China-Africa Development Fund (CAD Fund), founded in 2007, is a private equity fund solely funded by the CDB; its aim is to stimulate investment in Africa by Chinese companies, and has USD 10 billion total in capital to support that mission
  • The bank has set three major targets in driving energy saving in industrial sectors and green development, namely ecological and environmental protection, green urban and rural construction, and green industrial transformation

News


  • 2023: China Development Bank signs agreement with African Export-Import Bank
  • 2023: China's policy bank establishes special loan program for farmland development
  • 2023: CDB’s special financing scheme “RMB100 billion loans for 100 counties” benefited a total of 442 Counties (Districts)
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