Article 8 of the Articles of Association of China Development Bank stipulates that China Development Bank operates and handles the following businesses: (1) Managing and using operating construction funds and discount funds within the budget approved by the state; (2) Issuing financial bonds to domestic financial institutions and financial guarantee construction bonds to the society; (3) handling the reloaning of loans from foreign governments and international financial organizations, issuing bonds abroad with the approval of the state, and borrowing international commercial loans according to the national plan for utilizing foreign capital, etc. ; (four) policy loans for large and medium-sized capital construction and technological transformation of national infrastructure, basic industries and pillar industries and their supporting projects; (five) to evaluate, consult and guarantee the loan conditions of construction projects. Find domestic and foreign joint venture partners for key construction projects and provide investment opportunities and information; (6) Other approved businesses.

It can be seen that the main asset business of China Development Bank is loan business. Loans from China Development Bank are mainly used to support infrastructure, basic industries and pillar industries approved by the state, as well as major technological transformation and high-tech industrialization projects. Infrastructure projects include: agriculture, water conservancy, transportation, urban construction and telecommunications industries; Basic industrial projects include: coal, petroleum, electric power, steel, chemical industry and medicine; Pillar industry projects include: policy projects in petrochemical, automobile, electronic machinery and other industries; Other industry projects include: environmental protection high-tech industry and light industry textile and other industry policy projects. At present, the loans invested by China Development Bank in infrastructure, basic industries and pillar industries are above 90% every year. The large-scale projects being supported include: Ertan Power Station of Guangdong Ling 'ao Nuclear Power Station, Oilfield Development of Xinjiang Autonomous Region, and Beijing Subway.

In addition, the assets business of China Development Bank also includes a small amount of investment business. 1998 65438+1October 16. The China Development Bank and the Swiss Federal Ministry of Foreign Economic Relations jointly established the first domestic Sino-foreign cooperative industrial investment fund, and successfully invested in Taizhou Widman High-voltage Insulation Co., Ltd., the first enterprise, on 1999, and completed the preliminary development, evaluation and preparation of a number of projects.