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What kind of bank is Development Bank?
Development Bank refers to the National Development Bank, which is a policy bank directly led by the State Council. Founded in 1994, it was restructured into China Development Bank Co., Ltd. in February 2008. From 2065438 to March 2005, the State Council clearly defined CDB as a development financial institution. 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.

China Development Bank should serve the national economy through developing medium and long-term credit and investment. It is the largest development financial institution in the world and the largest medium-and long-term credit bank and bond bank in China.

China Development Bank has 37 first-tier branches and 4 second-tier branches in Chinese mainland, and overseas branches and representative offices in Cairo, Moscow, Minsk, Jakarta and Sydney. It owns subsidiaries such as CDB Finance, CDB Securities, BOC Leasing, China-Africa Fund and CDB Development Fund.

The foreign investment of China Development Bank includes Miluo Yin Zhong Fu Deng Rural Bank Co., Ltd., Shandong Xinyue Energy Co., Ltd., Jiangxi Jinghua Electronics Co., Ltd., Longkou Yin Zhong Fu Deng Nanshan Rural Bank Co., Ltd. and National Green Development Fund Co., Ltd. ..

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