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China Development Bank

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China Development Bank (CDB) (Simplified: 国家开发银行) is a financial institution in China under the direct jurisdiction of the State Council. It is one of the three policy banks of China, primarily responsible for raising funding for large infrastructure projects, including most of the funding for the Three Gorges Dam and Shanghai Pudong International Airport. The bank was established by the Policy Banks Law of 1994.

Debts issued by CDB are fully guaranteed by the central government of the People's_Republic_of_China. CDB is one of the biggest issuers of bonds in China.

The bank has made RMB 1.6 trillion in loans in the period from 1994-2004.

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