China Development Bank is a central financial enterprise, established in 1994, and is a policy bank directly under the State Council. In February 2008, it was reorganized into China Development Bank Corporation. From 2065438 to March 2005, the State Council clearly defined CDB as a development financial institution.

The registered capital of CDB is 4.2124.8 million yuan, and the shareholders are People's Republic of China (PRC) Ministry of Finance, central huijin Investment Co., Ltd., Wutongshu Investment Platform Co., Ltd. and National Social Security Fund Council, with the shareholding ratios of 36.54%, 34.68%, 27. 19% and159% respectively.

Extended data:

The difference between policy banks and commercial banks;

Different operating modes. Policy banks are mostly funded by the government, and their business is led by the corresponding government departments. Commercial banks mostly take the form of joint-stock system, operating independently and accounting independently.

Different sources of funds. Policy banks generally do not accept deposits or private loans. Commercial banks take deposits as the main source of funds.

Business purposes are different. Policy banks are established specifically to support the development of some departments, not for profit, and are closely related to the corresponding industrial departments. Commercial banks aim at maximizing profits and have a wide range of business.

References:

China Development Bank-Baidu Encyclopedia