China Development Bank
Development bank in the People's Republic of China
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May 2023 | Another leadership transition occurs at China Development Bank with a new governor taking the role. |
2020 | China joined the G20-led Debt Service Suspension Initiative, with CDB not including its loans under the initiative. |
October 2019 | A new governor begins leadership of China Development Bank, succeeding Zheng Zhijie. |
2018 | CDB became the world's largest development bank, with total assets exceeding 16 trillion RMB. |
September 2018 | A new chairman of the board takes over at China Development Bank, succeeding Hu Huaibang. |
2017 | CDB provided RMB 130 billion to fund infrastructure and environmental upgrading in Xiong'an. |
2015 | China recapitalized CDB using foreign exchange reserves, empowering the bank to make significant foreign loans. |
2014 | CDB contributed to the China Integrated Circuit Industry Investment Fund, aiming to reduce China's reliance on foreign semiconductor companies. |
April 2013 | Hu Huaibang becomes chairman of the board of China Development Bank, replacing Chen Yuan. |
October 2012 | Zheng Zhijie begins his governorship of China Development Bank. |
November 2011 | Zheng Zhijie takes over as governor of China Development Bank, replacing Jiang Chaoliang. |
2010 | CDB provided $30 billion in financing to Chinese solar power manufacturers, supporting the country's renewable energy sector. |
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