Export–Import Bank of China
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About CDB. Established in 1994, the China Development Bank is a state-funded and state-owned development finance institution. As an independent legal entity directly overseen by the State Council, it is dedicated to supporting China’s economic development in key industries and under-developed sectors.
May 29, 2013 · China Development Bank is one of the world’s largest but least understood financial institutions. Riddled by debt 15 years ago, CDB has now comfortably surpassed the World Bank as the biggest...
China Development Bank_Our Mission. Our Mission. Enhancing national competitiveness and improving people’s livelihood. Mission is what CDB believes in. It represents the purpose and objectives of all CDB’s undertakings.
Following moderate post-pandemic growth of 5.2 percent in 2023, growth is projected at 4.5 percent in 2024. Domestic demand in China has remained sluggish and contributed to low inflation, while the policy space for stimulus is constrained. Weak business confidence, in part driven by the property market downturn, continues to weigh on growth.
May 20, 2022 · The Export-Import Bank of China and the China Development Bank, both state-backed, once dominated lending, but more recently they have been just two entities among many. This has made it...
Nov 10, 2014 · China’s development bank plans test rising power’s strategic shift. Published: November 10, 2014 5:32am EST. China’s President Xi Jinping, pictured gesturing at center, last month...
China Development Bank (CDB) Description. CDB mainly engages in medium- and long-term lending and investment to support the implementation of China’s development strategies. It tends to issue non-concessional loans, although the Chinese Government may require CDB to offer low-interest loans for specific projects.
