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</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">China Development Bank</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"></td></tr><tr><td colspan="2" class="infobox-image ib-company-logo logo"><div class="infobox-caption">Head office in Beijing</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Native name</div></th><td class="infobox-data">国家开发银行</td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="Development_finance" title="Development finance">Development finance</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1994<span style="display:none"> (<span class="bday dtstart published updated">1994</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><a href="Beijing" title="Beijing">Beijing</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Zhao Huan (chairman)</td></tr><tr><th scope="row" class="infobox-label">Products</th><td class="infobox-data">Banking</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data">681,795,000,000 renminbi (2018) <span class="penicon autoconfirmed-show"></span></td></tr><tr><th scope="row" class="infobox-label">Owner</th><td class="infobox-data">Government-owned</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">

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</style><div class="plainlist"><ul><li>9,000 (2021)</li></ul></div><sup id="cite_ref-About_China_Development_Bank_2021_1-0" class="reference"><a href="#cite_note-About_China_Development_Bank_2021-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://www.cdb.com.cn/">www<wbr>.cdb<wbr>.com<wbr>.cn</a></span> </td></tr></tbody></table>

<table class="infobox"><tbody><tr style="display:none;"><td colspan="2" class="infobox-full-data"></td></tr><tr><th scope="row" class="infobox-label" style="font-weight:normal;"><a href="Simplified_Chinese_characters" title="Simplified Chinese characters">Simplified Chinese</a></th><td class="infobox-data"><span title="Chinese-language text"><span lang="zh-Hans" style="font-size: 1rem;">国家开发银行</span></span></td></tr><tr><th scope="row" class="infobox-label" style="font-weight:normal;"><a href="Traditional_Chinese_characters" title="Traditional Chinese characters">Traditional Chinese</a></th><td class="infobox-data"><span title="Chinese-language text"><span lang="zh-Hant" style="font-size: 1rem;">國家開發銀行</span></span></td></tr><tr><td colspan="2" class="infobox-full-data"><table class="infobox-subbox mw-collapsible mw-collapsed" style="display:inline-table; text-align: left;"><tbody><tr><th colspan="2" class="infobox-above" style="font-size: 100%; text-align: left;color: #202122; background-color: #f9ffbc;">Transcriptions</th></tr><tr><th colspan="2" class="infobox-header" style="color: #202122;background-color: #dcffc9;"><a href="Standard_Chinese" title="Standard Chinese">Standard Mandarin</a></th></tr><tr><th scope="row" class="infobox-label" style="font-weight:normal;"><a href="Hanyu_Pinyin" class="mw-redirect" title="Hanyu Pinyin">Hanyu Pinyin</a></th><td class="infobox-data"><span title="Chinese-language romanization"><span style="font-style: normal" lang="zh-Latn">Guójiā Kāifā Yínháng</span></span></td></tr></tbody></table></td></tr><tr style="display:none"><td colspan="2">

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<p><b>China Development Bank</b> (<b>CDB</b>) is a <a href="Policy_bank" title="Policy bank">policy bank</a> of China under the <a href="State_Council_of_the_People's_Republic_of_China" class="mw-redirect" title="State Council of the People's Republic of China">State Council</a>. Established in 1994, it has been described as the engine that powers the national government's economic development policies.<sup id="cite_ref-cdb.com.cn_2-0" class="reference"><a href="#cite_note-cdb.com.cn-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-BloombergMagJune2011_3-0" class="reference"><a href="#cite_note-BloombergMagJune2011-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> It has raised funds for numerous large-scale infrastructure projects, including the <a href="Three_Gorges_Dam" title="Three Gorges Dam">Three Gorges Dam</a> and the <a href="Shanghai_Pudong_International_Airport" title="Shanghai Pudong International Airport">Shanghai Pudong International Airport</a>.

</p><p>The bank is the second-largest <a href="Bond_(finance)" title="Bond (finance)">bond</a> 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 <a href="Asset" title="Asset">asset</a> under the proposed People's Republic of China capital adequacy rules (i.e. the same treatment as PRC government bonds).<sup id="cite_ref-BloombergMagJune2011_3-1" class="reference"><a href="#cite_note-BloombergMagJune2011-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup>

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<div class="mw-heading mw-heading2"><h2 id="History">History</h2></div>

<p>The China Development Bank (CDB) was established in 1994 to provide development-oriented financing for high-priority government projects, particularly major infrastructure and projects that raise quality of life.<sup id="cite_ref-:03_4-0" class="reference"><a href="#cite_note-:03-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 209">: 209 </span></sup> It is under the direct jurisdiction of the <a href="State_Council" title="State Council">State Council</a> and the People's Central Government. At present, it has 35 branches across the country and one representative office.

</p><p>The main objective as a state financial institution is to support the macroeconomic policies of the central government and to support national economic development and strategic structural changes in the economy.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> The bank provides financing for national projects such as infrastructure development, basic industries, energy, and transportation.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> Most of CDB's loans are for domestic projects, and it began lending for projects abroad in the early 2000s.<sup id="cite_ref-:Chen_7-0" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 41">: 41 </span></sup>

</p><p>From 1994 to 1998, CDB's fundraising was subject to a higher degree of state control than in later periods.<sup id="cite_ref-:Chen_7-1" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 32">: 32 </span></sup> In the 1990s, CDB facilitated the creation of China's interbank <a href="Bond_market" title="Bond market">bond market</a>.<sup id="cite_ref-:Chen_7-2" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 9">: 9 </span></sup> Initially, the People's Bank of China (PBOC) required domestic financial institutions such as commercial banks to buy policy bank bonds.<sup id="cite_ref-:Chen_7-3" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 32">: 32 </span></sup> At this stage, the PBOC usually set high yields and did not permit the apportioned bonds to be sold on the secondary market.<sup id="cite_ref-:Chen_7-4" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 33">: 33 </span></sup> In February 1996, CDB began its first overseas bond issuance in Japan, followed a year later by an issuance in the United States.<sup id="cite_ref-:Chen_7-5" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 34">: 34 </span></sup> Overseas issuance helped CDB diversify its funding sources.<sup id="cite_ref-:Chen_7-6" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 34">: 34 </span></sup> Ultimately, the issuance of bonds allowed CDB to become a financially independent bank without the state's tax revenues.<sup id="cite_ref-:Chen_7-7" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 9">: 9 </span></sup>

</p><p>In April 1998, former PBOC deputy governor <a href="Chen_Yuan" title="Chen Yuan">Chen Yuan</a>, the eldest son of <a href="Chen_Yun" title="Chen Yun">Chen Yun</a>, was appointed CDB's governor.<sup id="cite_ref-:Chen_7-8" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 34">: 34 </span></sup><sup id="cite_ref-:3_8-0" class="reference"><a href="#cite_note-:3-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 63">: 63 </span></sup> Chen implemented reforms designed to increase CDB's autonomy by reducing state involvement in CDB's fundraising and lending.<sup id="cite_ref-:Chen_7-9" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 34">: 34 </span></sup>

</p><p>From 1998 to 2008, CDB increased its fundraising autonomy and used an auction-based bond issuance mechanism to raise its funds.<sup id="cite_ref-:Chen_7-10" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 32">: 32 </span></sup> In 1999, CDB offered China's first <a href="Floating_rate_note" title="Floating rate note">floating rate bond</a>.<sup id="cite_ref-:Chen_7-11" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 35">: 35 </span></sup>

</p><p>CDB plays a major role in alleviating infrastructure and energy bottlenecks in the Chinese economy. In 2003, CDB made loan arrangements for, or evaluated and underwrote, a total of 460 national debt projects and issued 246.8 billion yuan in loans. This accounted for 41% of its total investment. CDB's loans to the "bottleneck" investments that the government prioritizes amounted to 91% of its total loan count. It also issued a total of 357.5 billion yuan in loans to western areas and more than 174.2 billion yuan to old industrial bases in Northeast China. These loans substantially increased the economic growth and structural readjustments of the Chinese economy.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup>

</p><p>In 2005 and 2006, CDB successfully issued two pilot Asset-Backed Securities<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> (ABS) products in the domestic China market. Along with other ABS products issued by China Construction Bank, CDB has created a foundation for a promising debt capital and <a href="Structured_finance" title="Structured finance">structured finance</a> market.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup>

</p><p><a href="China%E2%80%93Venezuela_relations" title="China–Venezuela relations">China and Venezuela</a> established the China-Venezuela Joint Fund in 2007, with the goal of offering capital funding for infrastructure projects in Venezuela which can be performed by Chinese companies.<sup id="cite_ref-:Chen_7-12" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Pages: 98–99">: 98–99 </span></sup> CDB lent $4 billion to the fund and the <a href="BANDES" title="BANDES">Venezuelan Economic and Social Development Bank</a> (BANDES) contributed $2 billion.<sup id="cite_ref-:Chen_7-13" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 98">: 98 </span></sup>

</p><p>As part of China's response to the <a href="2008_financial_crisis" title="2008 financial crisis">2008 financial crisis</a>, emphasis on CDB's policy aspects increased and the state formalized its credit guarantee for CDB.<sup id="cite_ref-:Chen_7-14" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 32">: 32 </span></sup> CDB was one of the financial agencies implementing China's stimulus plan and vastly increased its lending for infrastructure and industrial projects.<sup id="cite_ref-:Chen_7-15" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Pages: 37–38">: 37–38 </span></sup>

</p><p>From 2009 to 2019, CDB has issued 1.6 trillion yuan in loans to more than 4,000 projects involving infrastructure, communications, transportation, and basic industries. The investments are spread along the Yellow River, and both south and north of the <a href="Yangtze_River" class="mw-redirect" title="Yangtze River">Yangtze River</a>. CDB has been increasingly focusing on developing the western and northwestern provinces in China. This could help reduce the growing economic disparity in the western provinces, and it has the potential to revitalize the old industrial bases of northeast China.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup>

</p><p>In 2010, CDB provided $30 billion in financing to <a href="Solar_power_in_China" title="Solar power in China">Chinese solar</a> power manufacturers.<sup id="cite_ref-:322_14-0" class="reference"><a href="#cite_note-:322-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 1">: 1 </span></sup>

</p><p>At the end of 2010, CDB held US$687.8 billion in loans, more than twice the amount of the <a href="World_Bank" class="mw-redirect" title="World Bank">World Bank</a>.<sup id="cite_ref-BloombergMagJune2011_3-2" class="reference"><a href="#cite_note-BloombergMagJune2011-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup>

</p><p>After Chen left the governorship of CDB in 2013, the bank's institutional power decreased.<sup id="cite_ref-:Chen_7-16" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 157">: 157 </span></sup>

</p><p>The next CDB governor, <a href="Hu_Huaibang" title="Hu Huaibang">Hu Huaibang</a>, removed CDB personnel to staff the bank with personnel loyal to himself.<sup id="cite_ref-:Chen_7-17" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 158">: 158 </span></sup> Hu then leveraged his personal influence to approve large amounts of industrial loans which ultimately failed.<sup id="cite_ref-:Chen_7-18" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 158">: 158 </span></sup> Hu was removed from office in 2018 on suspicion of corruption and he was sentenced to life in prison in 2021 for accepting bribes to approve projects that should not have passed CDB criteria.<sup id="cite_ref-:Chen_7-19" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Pages: 158–159">: 158–159 </span></sup> Following these events, CDB became significantly more cautious in its financing decisions.<sup id="cite_ref-:Chen_7-20" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 159">: 159 </span></sup>

</p><p>CDB is among the state entities which contribute to the <a href="China_Integrated_Circuit_Industry_Investment_Fund" title="China Integrated Circuit Industry Investment Fund">China Integrated Circuit Industry Investment Fund</a>, which was established in an effort to decrease China's reliance on foreign <a href="Semiconductor_industry_in_China" title="Semiconductor industry in China">semiconductor</a> companies.<sup id="cite_ref-:Zhang_15-0" class="reference"><a href="#cite_note-:Zhang-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 274">: 274 </span></sup> The fund was established in 2014.<sup id="cite_ref-:Zhang_15-1" class="reference"><a href="#cite_note-:Zhang-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 274">: 274 </span></sup>

</p><p>In 2014, CDB was one of the funders of the <a href="Silk_Road_Fund" title="Silk Road Fund">Silk Road Fund</a>, along with the <a href="State_Administration_of_Foreign_Exchange" title="State Administration of Foreign Exchange">State Administration of Foreign Exchange</a>, <a href="China_Investment_Corporation" title="China Investment Corporation">China Investment Corporation</a>, and <a href="Export%E2%80%93Import_Bank_of_China" title="Export–Import Bank of China">Export-Import Bank of China</a>.<sup id="cite_ref-:03_4-1" class="reference"><a href="#cite_note-:03-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 221">: 221 </span></sup>

</p><p>In 2015, China used its <a href="Foreign-exchange_reserves_of_China" title="Foreign-exchange reserves of China">foreign exchange reserves</a> to recapitalize CDB, which in turn empowered it to make significant foreign loans.<sup id="cite_ref-:3_8-1" class="reference"><a href="#cite_note-:3-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 70">: 70 </span></sup>

</p><p>In 2017, CDB provided RMB 130 billion to fund infrastructure and environmental upgrading in <a href="Xiong'an" title="Xiong'an">Xiong'an</a>.<sup id="cite_ref-:04_16-0" class="reference"><a href="#cite_note-:04-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 155">: 155 </span></sup>

</p><p>As of December 2018, outstanding loans to 11 provincial-level regions along the belt amounted to 3.85 trillion yuan (about 575 billion U.S. dollars), according to the CDB. New yuan loans to these regions reached 304.5 billion yuan last year, accounting for 48 percent of the bank's total new yuan loans. The funds mainly went to major projects in the fields of ecological protection and restoration, infrastructure connectivity, and industrial transformation and upgrading. The CDB will continue to support ecological protection and green development of the Yangtze River in 2019, said CDB Chairman Zhao Huan. China issued a development plan for the Yangtze River Economic Belt in September 2016 and a guideline for green development of the belt in 2017. The Yangtze River Economic Belt consists of nine provinces and two municipalities that cover roughly one-fifth of China's land. It has a population of 600 million and generates more than 40 percent of the country's GDP.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup>

</p><p>As of at least 2018, CDB was the world's largest development bank, with total assets exceeding 16 trillion RMB.<sup id="cite_ref-:6_18-0" class="reference"><a href="#cite_note-:6-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 101">: 101 </span></sup>

</p><p>In 2020, China joined the <a href="G20" title="G20">G20</a>-led Debt Service Suspension Initiative, through which official bilateral creditors suspended debt repayments of 73 of the poorest debtor countries.<sup id="cite_ref-:Chen_7-21" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 134">: 134 </span></sup> China did not include CDB loans as part of the initiative under the logic that CDB was a commercial lender rather than an official bilateral creditor.<sup id="cite_ref-:Chen_7-22" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 135">: 135 </span></sup>

</p><p>Along with the Silk Road Fund and the Export-Import Bank of China, the China Development Bank is one of the primary financing sources for <a href="Belt_and_Road_Initiative" title="Belt and Road Initiative">Belt and Road Initiative</a> projects in Africa,<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 245">: 245 </span></sup> and is an important funder of BRI projects more generally.<sup id="cite_ref-:0_20-0" class="reference"><a href="#cite_note-:0-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup>

</p>

<div class="mw-heading mw-heading2"><h2 id="Organizational_structure">Organizational structure</h2></div>

<p>The Governors of the bank report to a Board of Supervisors, who are accountable to the central government. There are four vice governors and two assistant governors.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> At the end of 2004, CDB had about 3,500 employees. About 1,000 of CDB's employees work at the <a href="Beijing" title="Beijing">Beijing</a> Headquarters, with the rest in 35 mainland branches; including a representative office in Tibet and a branch in <a href="Hong_Kong" title="Hong Kong">Hong Kong</a>.

</p><p>As of 2021, the CDB has more than 9,000 employees.<sup id="cite_ref-About_China_Development_Bank_2021_1-1" class="reference"><a href="#cite_note-About_China_Development_Bank_2021-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup>

</p><p>CDB does not accept deposits from individuals.<sup id="cite_ref-:Chen_7-23" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 39">: 39 </span></sup> Its depositors are other financial agencies that are collaborating with CDB or entities which are repaying loans borrowed from CDB.<sup id="cite_ref-:Chen_7-24" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 39">: 39 </span></sup>

</p>

<div class="mw-heading mw-heading3"><h3 id="Ownership">Ownership</h3></div>

<p>CDB is wholly <a href="State-owned_enterprises_of_China" title="State-owned enterprises of China">state-owned</a> through multiple state bodies.<sup id="cite_ref-:Chen_7-25" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 85">: 85 </span></sup> As of 2019, the owners were <a href="Central_Huijin_Investment" title="Central Huijin Investment">Central Huijin Investment Ltd.</a> (one of China's <a href="Sovereign_funds_of_China" title="Sovereign funds of China">sovereign funds</a>), Buttonwood Investment Holding Company Ltd. (owned by the <a href="State_Administration_of_Foreign_Exchange" title="State Administration of Foreign Exchange">State Administration of Foreign Exchange</a>), and the <a href="National_Council_for_Social_Security_Fund" title="National Council for Social Security Fund">National Council for Social Security Fund</a>.<sup id="cite_ref-:Chen_7-26" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 85">: 85 </span></sup>

</p>

<div class="mw-heading mw-heading3"><h3 id="Subsidiaries_and_other_ventures">Subsidiaries and other ventures</h3></div>

<p>In 2018, CDB was among the Chinese banks which launched the China-Arab Bank Consortium.<sup id="cite_ref-:13_22-0" class="reference"><a href="#cite_note-:13-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup>

</p>

<ul><li><a href="China_Development_Bank_International_Investment" title="China Development Bank International Investment">China Development Bank International Investment</a></li></ul>

<div class="mw-heading mw-heading2"><h2 id="Leadership">Leadership</h2></div>

<p>CDB has a thirteen-member board of directors.<sup id="cite_ref-:Chen_7-27" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 84">: 84 </span></sup> Three are the executives in charge of managing CDB.<sup id="cite_ref-:Chen_7-28" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 84">: 84 </span></sup> Six are directors from the agencies that hold shares of CDB.<sup id="cite_ref-:Chen_7-29" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 84">: 84 </span></sup> The four "government-ministry directors" come from the <a href="National_Development_and_Reform_Commission" title="National Development and Reform Commission">National Development and Reform Commission</a>, the <a href="Ministry_of_Finance_(China)" title="Ministry of Finance (China)">Ministry of Finance</a>, the <a href="Ministry_of_Commerce_(China)" title="Ministry of Commerce (China)">Ministry of Commerce</a>, and the <a href="People's_Bank_of_China" title="People's Bank of China">People's Bank of China</a>.<sup id="cite_ref-:Chen_7-30" class="reference"><a href="#cite_note-:Chen-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup class="reference nowrap"><span title="Page: 84">: 84 </span></sup>

</p><div class="mw-heading mw-heading3"><h3 id="List_of_governors">List of governors</h3></div>

<th>Name (English)</th>

<th>Name (Chinese)</th>

<th>Tenure begins</th>

<th>Tenure ends</th>

<th>Note

</th></tr>

<tr>

<td>Yao Zhenyan</td>

<td>March 1994</td>

<td>March 1998</td>

</td></tr>

<tr>

<td>March 1998</td>

<td>September 2008</td>

</td></tr>

<tr>

<td><a href="Jiang_Chaoliang" title="Jiang Chaoliang">Jiang Chaoliang</a></td>

<td>September 2008</td>

<td>November 2011</td>

<td>

</td></tr>

<tr>

<td><a href="Zheng_Zhijie" title="Zheng Zhijie">Zheng Zhijie</a></td>

<td>October 2012</td>

<td>October 2019</td>

<td>

</td></tr>

<tr>

<td>Ouyang Weimin</td>

<td>October 2019</td>

<td>

</td></tr>

<tr>

<td>Tan Jiong</td>

<td>

</td></tr></tbody></table>

<div class="mw-heading mw-heading3"><h3 id="List_of_chairmen_of_the_board">List of chairmen of the board</h3></div>

<th>Name (English)</th>

<th><a href="https://zh.wikipedia.org/wiki/%E4%B8%AD%E5%9B%BD%E9%A9%BB%3F%E5%A4%A7%E4%BD%BF%E5%88%97%E8%A1%A8" class="extiw external" title="zh:中国驻?大使列表">Name (Chinese)</a></th>

<th>Tenure begins</th>

<th>Tenure ends</th>

<th>Note

</th></tr>

<tr>

<td>September 2008</td>

<td>April 2013</td>

<td>

</td></tr>

<tr>

<td><a href="Hu_Huaibang" title="Hu Huaibang">Hu Huaibang</a></td>

<td>April 2013</td>

<td>September 2018</td>

</td></tr>

<tr>

<td>September 2018</td>

</td></tr></tbody></table>

<ul><li><a href="List_of_national_development_banks" title="List of national development banks">List of national development banks</a></li></ul>

<div class="mw-heading mw-heading2"><h2 id="References">References</h2></div>

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<li id="cite_note-:322-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-:322_14-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFLewis2023" class="citation book cs1">Lewis, Joanna I. (2023). <i>Cooperating for the Climate: Learning from International Partnerships in China's Clean Energy Sector</i>. Cambridge, Massachusetts: The <a href="MIT_Press" title="MIT Press">MIT Press</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>978-0-262-54482-5</bdi>.</cite></span>

</li>

<li id="cite_note-:Zhang-15"><span class="mw-cite-backlink">^ <a href="#cite_ref-:Zhang_15-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-:Zhang_15-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFZhang2024" class="citation book cs1">Zhang, Angela Huyue (2024). <i>High Wire: How China Regulates Big Tech and Governs Its Economy</i>. <a href="Oxford_University_Press" title="Oxford University Press">Oxford University Press</a>. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1093%2Foso%2F9780197682258.001.0001">10.1093/oso/9780197682258.001.0001</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>9780197682258</bdi>.</cite></span>

</li>

<li id="cite_note-:04-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-:04_16-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFHu2023" class="citation book cs1">Hu, Richard (2023). <i>Reinventing the Chinese City</i>. New York: <a href="Columbia_University_Press" title="Columbia University Press">Columbia University Press</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>978-0-231-21101-7</bdi>.</cite></span>

</li>

<li id="cite_note-17"><span class="mw-cite-backlink"><b><a href="#cite_ref-17">^</a></b></span> <span class="reference-text"><cite id="CITEREFWangLeeChenJiang2016" class="citation book cs1">Wang, Ling; Lee, Shao-ju; Chen, Ping; Jiang, Xiao-mei; Liu, Bing-lian (2016-06-20). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=Xvx6DAAAQBAJ"><i>Contemporary Logistics in China: New Horizon and New Blueprint</i></a>. Springer. p. 124. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>9789811010521</bdi>.</cite></span>

</li>

<li id="cite_note-:6-18"><span class="mw-cite-backlink"><b><a href="#cite_ref-:6_18-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFLan2024" class="citation book cs1">Lan, Xiaohuan (2024). <i>How China Works: An Introduction to China's State-led Economic Development</i>. Translated by Topp, Gary. <a href="Palgrave_Macmillan" title="Palgrave Macmillan">Palgrave Macmillan</a>. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1007%2F978-981-97-0080-6">10.1007/978-981-97-0080-6</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>978-981-97-0079-0</bdi>.</cite></span>

</li>

<li id="cite_note-19"><span class="mw-cite-backlink"><b><a href="#cite_ref-19">^</a></b></span> <span class="reference-text"><cite id="CITEREFMurphy2022" class="citation book cs1">Murphy, Dawn (2022). <i>China's Rise in the Global South: the Middle East, Africa, and Beijing's Alternative World Order</i>. Stanford, California: <a href="Stanford_University_Press" title="Stanford University Press">Stanford University Press</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>978-1-5036-3009-3</bdi>.</cite></span>

</li>

<li id="cite_note-:0-20"><span class="mw-cite-backlink"><b><a href="#cite_ref-:0_20-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFCurtisKlaus2024" class="citation book cs1">Curtis, Simon; Klaus, Ian (2024). <i>The Belt and Road City: Geopolitics, Urbanization, and China's Search for a New International Order</i>. New Haven and London: <a href="Yale_University_Press" title="Yale University Press">Yale University Press</a>. p. 167. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.2307%2Fjj.11589102">10.2307/jj.11589102</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>9780300266900</bdi>. <a href="JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a> <a rel="nofollow" class="external text" href="https://www.jstor.org/stable/jj.11589102">jj.11589102</a>.</cite></span>

</li>

<li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-21">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20080320033701/http://www.cdb.com.cn/english/NewsInfo.asp?NewsId=1956">China Development Bank</a></span>

</li>

<li id="cite_note-:13-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-:13_22-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFZhang2025" class="citation book cs1">Zhang, Chuchu (2025). <i>China's Changing Role in the Middle East: Filling a Power Vacuum?</i>. Changing Dynamics in Asia-Middle East Relations series. Abingdon, Oxon; New York, NY: <a href="Routledge" title="Routledge">Routledge</a>. p. 185. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a> <bdi>978-1-032-76275-3</bdi>.</cite></span>

</li>

</ol></div></div>

<div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2></div>

<ul><li><span class="official-website"><span class="url"><a rel="nofollow" class="external text" href="http://www.cdb.com.cn/">Official website</a></span></span> </li></ul>

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</style><div id="24px&#124;border_&#124;alt=China&#124;link=China_Banking_in_China590" style="font-size:114%;margin:0 4em"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="China" title="China"></a></span></span> <a href="Banking_in_China" title="Banking in China">Banking in China</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div>

<ul><li><a href="Banking_in_China" title="Banking in China">Banking in China</a></li>

<li><a href="History_of_banking_in_China" title="History of banking in China">History of banking in China</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Central_bank" title="Central bank">Central bank</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><a href="People's_Bank_of_China" title="People's Bank of China">People's Bank</a></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Monetary_policy" title="Monetary policy">Policy bank</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Agricultural_Development_Bank_of_China" title="Agricultural Development Bank of China">Agricultural Development</a></li>

<li><a href="Export%E2%80%93Import_Bank_of_China" title="Export–Import Bank of China">Export–Import</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="State_Council_of_China" title="State Council of China">State Council</a><br><a href="Commercial_bank" title="Commercial bank">commercial</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Agricultural_Bank_of_China" title="Agricultural Bank of China">Agricultural</a></li>

<li><a href="China_CITIC_Bank" title="China CITIC Bank">CITIC</a></li>

<li><a href="Bank_of_China" title="Bank of China">China</a></li>

<li><a href="Bank_of_Communications" title="Bank of Communications">Communications</a></li>

<li><a href="China_Construction_Bank" title="China Construction Bank">Construction</a></li>

<li><a href="China_Everbright_Bank" title="China Everbright Bank">Everbright</a></li>

<li><a href="Industrial_and_Commercial_Bank_of_China" title="Industrial and Commercial Bank of China">Industrial and Commercial</a></li>

<li><a href="China_Merchants_Bank" title="China Merchants Bank">Merchants</a></li>

<li><a href="Postal_Savings_Bank_of_China" title="Postal Savings Bank of China">Postal Savings</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Nationwide<br>commercial</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="China_Bohai_Bank" title="China Bohai Bank">Bohai</a></li>

<li><a href="China_Guangfa_Bank" title="China Guangfa Bank">Guangfa</a></li>

<li><a href="Huaxia_Bank" title="Huaxia Bank">Huaxia</a></li>

<li><a href="Industrial_Bank_(China)" title="Industrial Bank (China)">Industrial</a></li>

<li><a href="China_Minsheng_Bank" title="China Minsheng Bank">Minsheng</a></li>

<li><a href="Shanghai_Pudong_Development_Bank" title="Shanghai Pudong Development Bank">Shanghai Pudong Development</a></li>

<li><a href="China_Zheshang_Bank" title="China Zheshang Bank">Zheshang</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Urban_commercial_bank" title="Urban commercial bank">Urban</a><br><a href="Commercial_bank" title="Commercial bank">commercial</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Bank_of_Beijing" title="Bank of Beijing">Beijing</a></li>

<li><a href="Bank_of_Dalian" title="Bank of Dalian">Dalian</a></li>

<li><a href="Bank_of_Hangzhou" title="Bank of Hangzhou">Hangzhou</a></li>

<li><a href="Harbin_Bank" title="Harbin Bank">Harbin</a></li>

<li><a href="Bank_of_Jiangsu" title="Bank of Jiangsu">Jiangsu</a></li>

<li><a href="Bank_of_Jilin" title="Bank of Jilin">Jilin</a></li>

<li><a href="Bank_of_Nanjing" title="Bank of Nanjing">Nanjing</a></li>

<li><a href="Bank_of_Ningbo" title="Bank of Ningbo">Ningbo</a></li>

<li><a href="Bank_of_Qingdao" title="Bank of Qingdao">Qingdao</a></li>

<li><a href="Bank_of_Shanghai" title="Bank of Shanghai">Shanghai</a></li>

<li><a href="Taian_Bank" title="Taian Bank">Taian</a></li>

<li><a href="Bank_of_Taizhou" title="Bank of Taizhou">Taizhou</a></li>

<li><a href="Bank_of_Tianjin" title="Bank of Tianjin">Tianjin</a></li>

<li><a href="Bank_of_Tibet" title="Bank of Tibet">Tibet</a></li>

<li><a href="Shengjing_Bank" title="Shengjing Bank">Shengjing</a></li>

<li><a href="Xiamen_International_Bank" title="Xiamen International Bank">Xiamen International</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="List_of_financial_regulatory_authorities_by_jurisdiction" class="mw-redirect" title="List of financial regulatory authorities by jurisdiction">Regulatory<br>agency</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="National_Administration_of_Financial_Regulation" class="mw-redirect" title="National Administration of Financial Regulation">National Administration of Financial Regulation</a></li></ul>

</div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div>

<ul><li><a href="List_of_banks_in_China" title="List of banks in China">List of banks in China</a></li>

<li><a href="List_of_banks_in_Hong_Kong" title="List of banks in Hong Kong">List of banks in Hong Kong</a></li>

<li><a href="List_of_banks_in_Macau" title="List of banks in Macau">List of banks in Macau</a></li></ul>

</div></td></tr></tbody></table></div>

<div class="navbox-styles"></div><div role="navigation" class="navbox" aria-labelledby="19px&#124;National_Emblem_of_China_State_Council_of_China724" style="padding:3px"><table class="nowraplinks hlist mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="19px&#124;National_Emblem_of_China_State_Council_of_China724" style="font-size:114%;margin:0 4em"><span typeof="mw:File"></span> <a href="State_Council_of_China" title="State Council of China">State Council of China</a></div></th></tr><tr><td class="navbox-abovebelow" colspan="2"><div>Incumbent (<a href="14th_National_People's_Congress" title="14th National People's Congress">14th</a>): <a href="Li_Qiang" title="Li Qiang">Li Qiang</a> <a href="Li_Qiang_Government" class="mw-redirect" title="Li Qiang Government">Cabinet</a></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="State_Council_of_China" title="State Council of China">State Council</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Plenary_meeting_of_the_State_Council" title="Plenary meeting of the State Council">Members</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="Executivemeeting63" scope="row" class="navbox-group" style="width:1%"><a href="Executive_meeting_of_the_State_Council" title="Executive meeting of the State Council">Executive<br>meeting</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Premier_of_China" title="Premier of China">Premier</a></li>

<li><a href="Vice_Premier_of_China" title="Vice Premier of China">Vice Premiers</a></li>

<li><a href="State_councillor" title="State councillor">State Councilors</a></li>

<li><a href="Secretary-General_of_the_State_Council" title="Secretary-General of the State Council">Secretary-General</a></li></ul>

</div></td></tr><tr><td colspan="2" class="navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Constituent_departments_of_the_State_Council" title="Constituent departments of the State Council">Ministers in charge of ministries/commissions</a></li>

<li><a href="National_Audit_Office_(China)" title="National Audit Office (China)">Auditor-General</a></li></ul>

</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="Constituent_departments_of_the_State_Council" title="Constituent departments of the State Council">Departments</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Ministry_of_Foreign_Affairs_(China)" title="Ministry of Foreign Affairs (China)">Foreign</a></li>

<li><a href="Ministry_of_National_Defense_(China)" title="Ministry of National Defense (China)">Defense</a></li>

<li><a href="National_Development_and_Reform_Commission" title="National Development and Reform Commission">Development</a></li>

<li><a href="Ministry_of_Education_(China)" title="Ministry of Education (China)">Education</a></li>

<li><a href="Ministry_of_Science_and_Technology_(China)" title="Ministry of Science and Technology (China)">Science</a></li>

<li><a href="Ministry_of_Industry_and_Information_Technology" title="Ministry of Industry and Information Technology">Industry and Information Tech</a></li>

<li><a href="National_Ethnic_Affairs_Commission" title="National Ethnic Affairs Commission">Ethnic</a></li>

<li><a href="Ministry_of_Public_Security_(China)" title="Ministry of Public Security (China)">Public Security</a></li>

<li><a href="Ministry_of_State_Security_(China)" title="Ministry of State Security (China)">State Security</a></li>

<li><a href="Ministry_of_Civil_Affairs" title="Ministry of Civil Affairs">Civil</a></li>

<li><a href="Ministry_of_Justice_(China)" title="Ministry of Justice (China)">Justice</a></li>

<li><a href="Ministry_of_Finance_(China)" title="Ministry of Finance (China)">Finance</a></li>

<li><a href="Ministry_of_Human_Resources_and_Social_Security" title="Ministry of Human Resources and Social Security">Human Resources and Social Security</a></li>

<li><a href="Ministry_of_Natural_Resources_(China)" title="Ministry of Natural Resources (China)">Natural Resources</a></li>

<li><a href="Ministry_of_Ecology_and_Environment" title="Ministry of Ecology and Environment">Ecology and Environment</a></li>

<li><a href="Ministry_of_Housing_and_Urban-Rural_Development" title="Ministry of Housing and Urban-Rural Development">Housing</a></li>

<li><a href="Ministry_of_Transport_(China)" title="Ministry of Transport (China)">Transport</a></li>

<li><a href="Ministry_of_Water_Resources_(China)" title="Ministry of Water Resources (China)">Water</a></li>

<li><a href="Ministry_of_Agriculture_and_Rural_Affairs" title="Ministry of Agriculture and Rural Affairs">Agriculture</a></li>

<li><a href="Ministry_of_Commerce_(China)" title="Ministry of Commerce (China)">Commerce</a></li>

<li><a href="Ministry_of_Culture_and_Tourism_(China)" title="Ministry of Culture and Tourism (China)">Culture and Tourism</a></li>

<li><a href="National_Health_Commission" title="National Health Commission">Health</a></li>

<li><a href="Ministry_of_Veterans_Affairs_(China)" title="Ministry of Veterans Affairs (China)">Veterans</a></li>

<li><a href="Ministry_of_Emergency_Management" title="Ministry of Emergency Management">Emergency</a></li>

<li><a href="People's_Bank_of_China" title="People's Bank of China">People's Bank</a></li>

<li><a href="National_Audit_Office_(China)" title="National Audit Office (China)">Audit Office</a></li></ul>

</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Agencies</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%"><a href="General_Office_of_the_State_Council" title="General Office of the State Council">General Office</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Secretary-General_of_the_State_Council" title="Secretary-General of the State Council">Secretary-General</a></li>

<li><a href="Deputy_Secretary-General_of_the_State_Council" title="Deputy Secretary-General of the State Council">Deputy Secretaries-General</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="State_Council_of_China#Special_Organization_directly_under_the_State_Council" title="State Council of China">Special</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><a href="State-owned_Assets_Supervision_and_Administration_Commission_of_the_State_Council" title="State-owned Assets Supervision and Administration Commission of the State Council">State Assets</a></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="State_Council_of_China#Organizations_directly_under_the_State_Council" title="State Council of China">Affiliated</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="General_Administration_of_Customs" title="General Administration of Customs">Customs</a></li>

<li><a href="State_Taxation_Administration" title="State Taxation Administration">Taxation</a></li>

<li><a href="State_Administration_for_Market_Regulation" title="State Administration for Market Regulation">Market Regulation</a>

<ul><li><a href="State_Anti-Monopoly_Bureau" title="State Anti-Monopoly Bureau">Anti-Monopoly</a></li>

<li><a href="Standardization_Administration_of_China" title="Standardization Administration of China">Standardization</a></li>

<li><a href="Certification_and_Accreditation_Administration" class="mw-redirect" title="Certification and Accreditation Administration">Cert. & Accred.</a></li></ul></li>

<li><a href="National_Financial_Regulatory_Administration" title="National Financial Regulatory Administration">Financial Regulation</a></li>

<li><a href="China_Securities_Regulatory_Commission" title="China Securities Regulatory Commission">Securities</a></li>

<li><a href="National_Radio_and_Television_Administration" title="National Radio and Television Administration">Radio and TV</a></li>

<li><a href="General_Administration_of_Sport_of_China" title="General Administration of Sport of China">Sport</a></li>

<li><a href="National_Public_Complaints_and_Proposals_Administration" title="National Public Complaints and Proposals Administration">Complaints & Proposals</a></li>

<li><a href="National_Bureau_of_Statistics_of_China" title="National Bureau of Statistics of China">Statistics</a></li>

<li><a href="China_National_Intellectual_Property_Administration" title="China National Intellectual Property Administration">Intellectual Property</a></li>

<li><a href="China_International_Development_Cooperation_Agency" title="China International Development Cooperation Agency">International Development</a></li>

<li><a href="National_Healthcare_Security_Administration" title="National Healthcare Security Administration">Healthcare Security</a></li>

<li><a href="Counsellors'_Office" title="Counsellors' Office">Counsellors</a></li>

<li><a href="National_Government_Offices_Administration" title="National Government Offices Administration">Government Offices</a></li>

<li><a href="National_Press_and_Publication_Administration" title="National Press and Publication Administration">Press and Publication</a> <a href="Publicity_Department_of_the_Chinese_Communist_Party" title="Publicity Department of the Chinese Communist Party">(☭ Publicity Dept.)</a></li>

<li><a href="National_Religious_Affairs_Administration" title="National Religious Affairs Administration">Religious</a> (<a href="United_Front_Work_Department" title="United Front Work Department">☭ United Front Dept.</a>)</li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="State_Council_of_China#Administrative_Offices_of_the_State_Council" title="State Council of China">Offices</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="State_Council_Research_Office" title="State Council Research Office">Research</a></li>

<li><a href="Hong_Kong_and_Macao_Affairs_Office" class="mw-redirect" title="Hong Kong and Macao Affairs Office">Hong Kong and Macao</a> (<a href="Hong_Kong_and_Macao_Work_Office" title="Hong Kong and Macao Work Office">☭ Leading Group</a>)</li>

<li><a href="Overseas_Chinese_Affairs_Office" title="Overseas Chinese Affairs Office">Overseas Chinese</a> (<a href="United_Front_Work_Department" title="United Front Work Department">☭ United Front Dept.</a>)</li>

<li><a href="Taiwan_Affairs_Office" title="Taiwan Affairs Office">Taiwan</a> (<a href="Central_Leading_Group_for_Taiwan_Affairs" title="Central Leading Group for Taiwan Affairs">☭ Leading Group</a>)</li>

<li><a href="Cyberspace_Administration_of_China" title="Cyberspace Administration of China">Cyberspace</a> (<a href="Central_Cyberspace_Affairs_Commission" title="Central Cyberspace Affairs Commission">☭ Cyberspace</a>)</li>

<li><a href="State_Council_Information_Office" title="State Council Information Office">Information</a> (<a href="Publicity_Department_of_the_Chinese_Communist_Party" title="Publicity Department of the Chinese Communist Party">☭ Publicity</a>)</li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="State_Council_of_China#Institutions_directly_under_the_State_Council" title="State Council of China">Institutions</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Xinhua_News_Agency" title="Xinhua News Agency">Xinhua News Agency</a></li>

<li><a href="Development_Research_Center_of_the_State_Council" title="Development Research Center of the State Council">Development Research</a></li>

<li><a href="China_Media_Group" title="China Media Group">China Media Group</a></li>

<li><a href="China_Meteorological_Administration" title="China Meteorological Administration">Meteorology</a></li></ul>

</div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th id="Academies9" scope="row" class="navbox-group" style="width:1%">Academies</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Chinese_Academy_of_Sciences" title="Chinese Academy of Sciences">Sciences</a></li>

<li><a href="Chinese_Academy_of_Engineering" title="Chinese Academy of Engineering">Engineering</a></li>

<li><a href="Chinese_Academy_of_Social_Sciences" title="Chinese Academy of Social Sciences">Social Sciences</a></li>

<li><a href="National_Academy_of_Governance" title="National Academy of Governance">Governance</a> (<abbr title="also known as">a.k.a.</abbr> <a href="Central_Party_School" title="Central Party School">☭ Central Party School</a>)</li></ul>

</div></td></tr></tbody></table><div>

</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="State_Council_of_China#State_Administrations_and_Bureaus_administrated_by_ministry-level_agencies" title="State Council of China">Bureaus</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="National_Food_and_Strategic_Reserves_Administration" title="National Food and Strategic Reserves Administration">Food and Strategic Reserves</a></li>

<li><a href="National_Energy_Administration" title="National Energy Administration">Energy</a></li>

<li><a href="State_Administration_of_Science%2C_Technology_and_Industry_for_National_Defense" title="State Administration of Science, Technology and Industry for National Defense">Defense Industry</a></li>

<li><a href="China_Tobacco" title="China Tobacco">Tobacco</a></li>

<li><a href="National_Immigration_Administration" title="National Immigration Administration">Immigration</a></li>

<li><a href="National_Forestry_and_Grassland_Administration" title="National Forestry and Grassland Administration">Forestry and Grassland</a></li>

<li><a href="National_Railway_Administration" title="National Railway Administration">Railway</a></li>

<li><a href="Civil_Aviation_Administration_of_China" title="Civil Aviation Administration of China">Civil Aviation</a></li>

<li><a href="National_Cultural_Heritage_Administration" title="National Cultural Heritage Administration">Cultural Heritage</a></li>

<li><a href="National_Administration_of_Traditional_Chinese_Medicine" title="National Administration of Traditional Chinese Medicine">Traditional Medicine</a></li>

<li><a href="National_Administration_of_Disease_Control_and_Prevention" title="National Administration of Disease Control and Prevention">Disease Control</a></li>

<li><a href="National_Mine_Safety_Administration" title="National Mine Safety Administration">Mine Safety</a></li>

<li><a href="National_Fire_and_Rescue_Administration" title="National Fire and Rescue Administration">Fire & Rescue</a></li>

<li><a href="State_Administration_of_Foreign_Exchange" title="State Administration of Foreign Exchange">Foreign Exchange</a></li>

<li><a href="National_Medical_Products_Administration" title="National Medical Products Administration">Medical Products</a></li>

<li><a href="National_Administration_of_State_Secrets_Protection" title="National Administration of State Secrets Protection">State Secrets</a> (<a href="Central_Secrecy_Commission" title="Central Secrecy Commission">☭ Secrecy Comm.</a>)</li>

<li><a href="National_Archives_Administration_of_China" title="National Archives Administration of China">National Archives (<abbr title="also known as">a.k.a.</abbr> ☭ Central Archives)</a></li>

<li><a href="National_Civil_Service_Administration" class="mw-redirect" title="National Civil Service Administration">Civil Service</a> (<a href="Organization_Department_of_the_Chinese_Communist_Party" title="Organization Department of the Chinese Communist Party">☭ Org. Dept.</a>)</li>

<li><a href="State_Cryptography_Administration" title="State Cryptography Administration">Cryptography</a> (☭ Leading Group)</li></ul>

</div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div>

<ul><li><a href="State_Council_of_China" title="State Council of China">State Council</a> = <a href="Central_People's_Government_of_the_People's_Republic_of_China" class="mw-redirect" title="Central People's Government of the People's Republic of China">Central People's Government</a> (<a href="Constitution_of_China" title="Constitution of China">constitutionally</a> since <a href="1954_Constitution_of_the_People's_Republic_of_China" class="mw-redirect" title="1954 Constitution of the People's Republic of China">1954</a>)</li>

<li><a href="%E2%98%AD" class="mw-redirect" title="☭">☭</a> denotes <a href="One_institution_with_two_names" title="One institution with two names">name reserved by Communist Party agencies</a>.</li></ul>

</div></td></tr></tbody></table></div>

<div class="navbox-styles"></div><div role="navigation" class="navbox" aria-labelledby="Belt_and_Road_Initiative288" style="padding:3px"><table class="nowraplinks mw-collapsible mw-collapsed navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Belt_and_Road_Initiative288" style="font-size:114%;margin:0 4em"><a href="Belt_and_Road_Initiative" title="Belt and Road Initiative">Belt and Road Initiative</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="3"><div id="Corridors_and_projects(2019_Joint_Communique)288" style="font-size:114%;margin:0 4em">Corridors and <a href="List_of_projects_of_the_Belt_and_Road_Initiative" title="List of projects of the Belt and Road Initiative">projects</a><br><small>(2019 Joint Communique)</small></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Asia</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="China%E2%80%93Pakistan_Economic_Corridor" title="China–Pakistan Economic Corridor">China–Pakistan Economic Corridor</a></li>

<li><a href="Trans-Himalayan_Multi-dimensional_Connectivity_Network" title="Trans-Himalayan Multi-dimensional Connectivity Network">Trans-Himalayan Network</a>/<a href="China%E2%80%93Nepal_Railway" class="mw-redirect" title="China–Nepal Railway">China–Nepal Railway</a></li>

<li><a href="China%E2%80%93Myanmar_Economic_Corridor" title="China–Myanmar Economic Corridor">China–Myanmar Economic Corridor</a></li>

<li><a href="Eastern_seaboard_of_Thailand" title="Eastern seaboard of Thailand">Eastern Economic Corridor</a> (Thailand)</li>

<li><a href="Two_Corridors%2C_One_Belt" title="Two Corridors, One Belt">Two Corridors, One Belt</a> (Vietnam)</li>

<li><a href="Greater_Mekong_Subregion" title="Greater Mekong Subregion">Economic corridor in Greater Mekong Subregion</a></li>

<li><a href="China%E2%80%93Indochina_Peninsula_economic_corridor" title="China–Indochina Peninsula economic corridor">China–Indochina Peninsula economic corridor</a>/Laos–China Economic Corridor</li>

<li><a href="Kunming%E2%80%93Singapore_railway#Central_route" title="Kunming–Singapore railway">China–Laos–Thailand Railway Cooperation</a></li>

<li><a href="New_International_Land-Sea_Trade_Corridor" title="New International Land-Sea Trade Corridor">New International Land-Sea Trade Corridor</a></li>

<li><a href="Qinzhou" title="Qinzhou">China–Malaysia Qinzhou Industrial Park</a></li>

<li><a href="Kuantan" title="Kuantan">Malaysia–China Kuantan Industrial Park</a></li>

<li><a href="Brunei%E2%80%93China_relations#Economic_relations" title="Brunei–China relations">Brunei–Guangxi Economic Corridor</a></li>

<li><a href="China%E2%80%93Central_Asia%E2%80%93West_Asia_Economic_Corridor" title="China–Central Asia–West Asia Economic Corridor">China–Central Asia–West Asia Economic Corridor</a></li>

<li><a href="M41_highway" title="M41 highway">Uzbekistan–Tajikistan–China International Highway</a></li>

<li><a href="China%E2%80%93Kyrgyzstan%E2%80%93Uzbekistan_International_Highway" title="China–Kyrgyzstan–Uzbekistan International Highway">China–Kyrgyzstan–Uzbekistan International Highway</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Eurasia</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="New_Eurasian_Land_Bridge" title="New Eurasian Land Bridge">New Eurasian Land Bridge</a></li>

<li><a href="Port_of_Piraeus" title="Port of Piraeus">Port of Piraeus</a></li>

<li><a href="Budapest%E2%80%93Belgrade_railway" title="Budapest–Belgrade railway">China–Europe Land–Sea Express Line</a></li>

<li><a href="Baku%E2%80%93Tbilisi%E2%80%93Kars_railway" title="Baku–Tbilisi–Kars railway">Baku–Tbilisi–Kars railway</a>/<a href="Port_of_Baku#Alat" title="Port of Baku">Alyat Free Economic Zone</a></li>

<li><a href="Trans-European_Transport_Network" title="Trans-European Transport Network">Trans-European Transport Network</a></li>

<li><a href="TRACECA" title="TRACECA">TRACECA</a>/<a href="TITR" class="mw-redirect" title="TITR">TITR</a></li>

<li><a href="China%E2%80%93Belarus_Industrial_Park" title="China–Belarus Industrial Park">China–Belarus Industrial Park</a></li>

<li><a href="China%E2%80%93Mongolia%E2%80%93Russia_Economic_Corridor" title="China–Mongolia–Russia Economic Corridor">China–Mongolia–Russia Economic Corridor</a></li>

<li><a href="International_North%E2%80%93South_Transport_Corridor" title="International North–South Transport Corridor">International North–South Transport Corridor</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Africa</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Suez_Canal#Suez_Canal_Economic_Zone" title="Suez Canal">Suez Canal Economic Zone</a></li>

<li><a href="Cape_to_Cairo_Road" class="mw-redirect" title="Cape to Cairo Road">Cape to Cairo Road</a></li>

<li><a href="Rail_transport_in_Sudan" title="Rail transport in Sudan">Port Sudan–Ethiopia Railway</a></li>

<li><a href="Addis_Ababa%E2%80%93Djibouti_Railway" title="Addis Ababa–Djibouti Railway">Addis Ababa–Djibouti Economic Corridor</a></li>

<li><a href="Northern_Corridor" title="Northern Corridor">Northern Corridor</a></li>

<li><a href="Lamu_Port_and_Lamu%E2%80%93Southern_Sudan%E2%80%93Ethiopia_Transport_Corridor" title="Lamu Port and Lamu–Southern Sudan–Ethiopia Transport Corridor">LAPSSET</a></li>

<li><a href="Lake_Victoria" title="Lake Victoria">VICMED</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Americas</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Agua_Negra_Pass#Agua_Negra_Tunnel" title="Agua Negra Pass">Agua Negra Pass International Tunnel</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Theme</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li>Transoceanic fiber optic cable</li>

<li><a href="Arctic_policy_of_China#Polar_Silk_Road" title="Arctic policy of China">Polar Silk Road</a></li>

<li>Space Silk Road</li>

<li>Digital Silk Road</li>

<li><a href="Global_Energy_Interconnection" title="Global Energy Interconnection">Global Energy Interconnection</a></li>

<li><a href="BCIM_Economic_Corridor" title="BCIM Economic Corridor">Bangladesh, China, India and Myanmar Economic Corridor</a> <small>(delisted)</small></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Related Projects<br><small>(not under 2019 Joint Communique)</small></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Hulhumal%C3%A9" title="Hulhumalé">Hulhumalé</a></li>

<li><a href="Duqm" title="Duqm">Sino–Oman Industrial Park</a></li>

<li><a href="Khalifa_Industrial_Zone" title="Khalifa Industrial Zone">China–UAE Industrial Zone</a></li>

<li><a href="Port_of_Haifa" title="Port of Haifa">Bayport Terminal at Port of Haifa</a></li>

<li><a href="Lekki#Lekki_Free_Trade_Zone" title="Lekki">Lekki Free Trade Zone</a></li></ul>

</div></td></tr></tbody></table><div></div></td><td class="noviewer navbox-image" rowspan="1" style="width:1px;padding:0 0 0 2px"><div><span typeof="mw:File"></span></div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Financial288" style="font-size:114%;margin:0 4em">Financial</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Concepts</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Internationalization_of_the_renminbi" title="Internationalization of the renminbi">Internationalization of the renminbi</a></li>

<li><a href="Panda_bonds" title="Panda bonds">Panda bonds</a></li>

<li><a href="Green_finance_and_the_Belt_and_Road_Initiative" title="Green finance and the Belt and Road Initiative">Green finance</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Banking</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;"><a href="Policy_bank" title="Policy bank">Policy</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Agricultural_Development_Bank_of_China" title="Agricultural Development Bank of China">Agricultural Development Bank of China</a></li>

<li><a href="Exim_Bank_of_China" class="mw-redirect" title="Exim Bank of China">China Exim Bank</a></li>

<li><a href="Sinosure" title="Sinosure">Sinosure</a></li>

<li><a href="China_United_SME_Guarantee_Corporation" title="China United SME Guarantee Corporation">Sino Guarantee</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;"><a href="International_financial_institutions#Multilateral_development_banks" title="International financial institutions">Multilateral</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Asian_Infrastructure_Investment_Bank" title="Asian Infrastructure Investment Bank">Asian Infrastructure Investment Bank</a></li>

<li><a href="New_Development_Bank" title="New Development Bank">New Development Bank</a></li>

<li><a href="SCO_Interbank_Consortium" title="SCO Interbank Consortium">SCO Interbank Consortium</a></li></ul>

</div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Platforms</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Funds</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

<li><a href="Green_Silk_Road_Fund" title="Green Silk Road Fund">Green Silk Road Fund</a></li>

<li><a href="China%E2%80%93Eurasian_Economic_Cooperation_Fund" title="China–Eurasian Economic Cooperation Fund">China–Eurasian Economic Cooperation Fund</a></li>

<li><a href="China%E2%80%93ASEAN_Investment_Cooperation_Fund" title="China–ASEAN Investment Cooperation Fund">China–ASEAN Investment Cooperation Fund</a></li>

<li><a href="Russia%E2%80%93China_Investment_Fund" title="Russia–China Investment Fund">Russia–China Investment Fund</a></li>

<li><a href="China%E2%80%93CEE_Investment_Cooperation_Fund" title="China–CEE Investment Cooperation Fund">China–CEE Investment Cooperation Fund</a></li>

<li><a href="China%E2%80%93LAC_Cooperation_Fund" title="China–LAC Cooperation Fund">China–LAC Cooperation Fund</a></li>

<li><a href="Sino-Latin_American_Production_Capacity_Cooperation_Investment_Fund" title="Sino-Latin American Production Capacity Cooperation Investment Fund">Sino-Latin American Production Capacity Cooperation Investment Fund</a>

<ul><li><a href="China%E2%80%93Brazil_Fund" title="China–Brazil Fund">China–Brazil Fund</a></li></ul></li>

<li><a href="China%E2%80%93Africa_Development_Fund" title="China–Africa Development Fund">China–Africa Development Fund</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Credit lines</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Special_Loan_Program_for_China%E2%80%93Latin_America_Infrastructure_Project" title="Special Loan Program for China–Latin America Infrastructure Project">Special Loan Program for China–Latin America Infrastructure Project</a></li>

<li><a href="China%E2%80%93Arab_States_Cooperation_Forum#Special_loans" title="China–Arab States Cooperation Forum">China–Arab states special loans</a></li></ul>

</div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Political288" style="font-size:114%;margin:0 4em">Political</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Policy</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<ul><li><a href="Belt_and_Road_Construction_Leadership_Group" title="Belt and Road Construction Leadership Group">Leading Group</a></li>

<li><a href="Community_of_shared_future_for_mankind" class="mw-redirect" title="Community of shared future for mankind">Community of shared future for mankind</a></li></ul>

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Dialogue</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;"><a href="Belt_and_Road_Forum" class="mw-redirect" title="Belt and Road Forum">Belt and Road Forum</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em">

</div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%;font-weight:normal;">Multilateral mechanisms<br>(2019 Leading Group report)<br></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em">

<li><a href="Shanghai_Cooperation_Organisation" title="Shanghai Cooperation Organisation">Shanghai Cooperation Organisation</a></li>

<li><a href="Asia%E2%80%93Europe_Meeting" title="Asia–Europe Meeting">Asia–Europe Meeting</a></li>

<li><a href="Asia_Cooperation_Dialogue" title="Asia Cooperation Dialogue">Asia Cooperation Dialogue</a></li>

<li><a href="Caribbean_Development_Bank" title="Caribbean Development Bank">Caribbean Development Bank</a></li>

<li><a href="Conference_on_Interaction_and_Confidence-Building_Measures_in_Asia" title="Conference on Interaction and Confidence-Building Measures in Asia">Conference on Interaction and Confidence-Building Measures in Asia</a></li>

<li><a href="ASEAN%E2%80%93China_Free_Trade_Area" title="ASEAN–China Free Trade Area">ASEAN-China (10+1)</a></li>

<li><a href="Lancang%E2%80%93Mekong_Cooperation" title="Lancang–Mekong Cooperation">Lancang–Mekong Cooperation</a></li>

<li><a href="Greater_Mekong_Subregion" title="Greater Mekong Subregion">Greater Mekong Subregion Economic Cooperation</a></li>

<li>Greater Tumen Initiative</li>

<li><a href="Central_Asia_Regional_Economic_Cooperation_Program" title="Central Asia Regional Economic Cooperation Program">Central Asia Regional Economic Cooperation</a></li>

<li><a href="Forum_on_China%E2%80%93Africa_Cooperation" title="Forum on China–Africa Cooperation">Forum on China–Africa Cooperation</a></li>

<li><a href="China%E2%80%93Arab_States_Cooperation_Forum" title="China–Arab States Cooperation Forum">China–Arab States Cooperation Forum</a></li>

<li><a href="China%E2%80%93CELAC_Forum" title="China–CELAC Forum">China–CELAC Forum</a></li>

<li><a href="Cooperation_between_China_and_Central_and_Eastern_European_Countries" title="Cooperation between China and Central and Eastern European Countries">China-CEEC (14+1)</a></li>

<li><a href="Sino-Pacific_relations" title="Sino-Pacific relations">China-Pacific Island Countries Forum</a></li>

<li><a href="World_Economic_Forum" title="World Economic Forum">World Economic Forum</a></li>

<li><a href="Boao_Forum_for_Asia" title="Boao Forum for Asia">Boao Forum for Asia</a></li></ul>

</div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2" style="font-weight: bold;"><div><span class="noviewer" typeof="mw:File"><span title="Category"></span></span> Category</div></td></tr></tbody></table></div>

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This article is issued from <a class="external text" title="Last edited on 2025-07-17" href="https://en.wikipedia.org/wiki/?title=China_Development_Bank&oldid=1300904543">Wikipedia</a>. The text is available under <a class="external text" href="https://creativecommons.org/licenses/by-sa/4.0/deed.en">Creative Commons Attribution-Share Alike 4.0</a> unless otherwise noted. Additional terms may apply for the media files.

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