China Development Bank
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.
Native name
国家开发银行
1994
Zhao Huan, Chairman
Banking
681,795,000,000 renminbi (2018) 
Government-owned
- 9,000 (2021)
国家开发银行
國家開發銀行
Guójiā Kāifā Yínháng
Guójiā Kāifā Yínháng
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]