The China Development Bank is a policy bank directly under the leadership of the State Council. In December 2008, it was restructured into China Development Bank Co., Ltd. In March 2015, the State Council clarified that CDB was positioned as a development financial institution. ?
CDB has a registered capital of 421.248 billion yuan. Its shareholders are the Ministry of Finance of the People’s Republic of China, Central Huijin Investment Co., Ltd., Wutongshu Investment Platform Co., Ltd. and the National Council for Social Security Fund. The share ratios are 36.54%, 34.68%, 27.19%, and 1.59% respectively. ?
CDB mainly serves the national economy’s major mid- and long-term development strategies by carrying out financial services such as medium- and long-term credit and investment. As of the end of 2015, the asset size was RMB 12.3 trillion, and the non-performing loan ratio was less than 1% for 43 consecutive quarters, maintaining first-class market performance. Professional rating agencies such as Moody's and Standard & Poor's have rated China Development Bank consistent with China's sovereign rating for many years in a row. ?
CDB is the world’s largest development financial institution and China’s largest foreign investment and financing cooperation bank, medium- and long-term credit bank and bond bank. In 2015, it ranked 87th among the Fortune 500 companies in the United States.
CDB has 37 first-level branches and 3 second-level branches in mainland China. It also has a branch in Hong Kong and 6 representatives in Cairo, Moscow, Rio de Janeiro, Caracas, London, and Vientiane overseas. at. The bank has nearly 9,000 employees. It owns subsidiaries such as CDB Financial, CDB Securities, CDB Leasing and China-Africa Fund.
Extended information:
CDB’s mission is divided into the following two points:
1. Enhance national strength
As a development financial institution, strengthen National strength is CDB’s unshirkable responsibility. Since its establishment, CDB has actively explored effective ways for financial services to serve the national strategy, from supporting major projects of "two basics and one infrastructure" to promoting urbanization construction, from actively serving society and people's livelihood to supporting enterprises to go global, from easing development bottlenecks to assisting macroeconomic regulation and control. , responded to the impact of the international financial crisis, served to stabilize growth and adjust structure, and made important contributions to promoting China's economic and social development and enhancing overall national strength.
2. Improve people's livelihood
1. The people are the foundation of the country, and the foundation is the foundation of the country. CDB complies with the situation and requirements of building a moderately prosperous society in an all-round way, and extends its successful experience in the field of infrastructure to low- and middle-income housing, poverty alleviation and development, "agriculture, rural areas and farmers", education and medical care, small and medium-sized enterprises and other livelihood fields, and serves social construction with inclusive finance. Promote social harmony and overall progress.
2. Improve people’s livelihood and focus on solving the basic problems of people’s production and development. CDB should vigorously support the development of all people, promote the construction of major people's livelihood projects, promote social equity and justice, and enhance people's well-being, so that development results can benefit all people more and more equitably; continue to strengthen product, service, and model innovation, and integrate various resources , guide social funds to jointly support the development of people's livelihood areas, make up for the "shortcomings" of modernization, and make new contributions to serving the goal of building a moderately prosperous society in an all-round way.
Baidu Encyclopedia-China Development Bank