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China Development Bank

BACKGROUND:

China Development Bank (CDB) is a state-owned financial institution in the People’s Republic of China that plays a crucial role in funding major infrastructure projects and promoting economic development in the country. Established in 1994, CDB operates as a policy bank under the direct jurisdiction of the State Council of China, providing long-term loans and financial services to support key national initiatives and strategic industries. Known for its focus on infrastructure, energy, and resource projects, CDB contributes significantly to China’s domestic growth and international economic partnerships.