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5 unusual facts about China Development Bank


China Development Bank

Graduated with a Major in Infrastructure Financing from Liaoning Institute of Finance and Economics (now Dongbei University of Finance and Economics).

Since 1998, the bank successfully reduced bad debts and returned to profits under Governor Chen Yuan.

As one of three policy banks of the PRC, it is primarily responsible for raising funding for large infrastructure projects, including most of the funding for the Three Gorges Dam and Shanghai Pudong International Airport.

China General Nuclear Power Group

Guangdong Nuclear's fund, the first industrial fund set up by a state-owned enterprise with approval from the State Council signed the fund-raising agreement with Bank of China, China Development Bank and other institutions, which will become shareholders in the fund.

Infinity Group

Infinity Group is a private equity fund backed by China Development Bank and Clal Industries.


Ghana Space Science and Technology Centre

It has approached a global consortium of multinational institutions - including the China Development Bank, and the bank HSBC – as well as requesting technical advice from the China National Space Administration, and NASA for space science exploration, and institutions in Japan, Japan Aerospace Exploration Agency and India, Indian Space Research Organisation.


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