China Development Bank
The China Development Bank (CDB) is a state-owned financial institution established in 1994. Its primary purpose is to support the economic development of China by providing funding for infrastructure projects, industrial development, and social programs. The bank plays a crucial role in financing large-scale projects that align with the country's strategic goals.
CDB also engages in international cooperation by offering loans and investments to other countries, particularly in Asia and Africa. This helps promote economic ties and supports the Belt and Road Initiative, which aims to enhance global trade and connectivity through infrastructure development.