China Development Bank
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Search complete. 9 mentions across 6 episodes found for "China Development Bank".
Oct 29, 2026
Tian YuHOST
Three policy banks in China says the country has completed issuing 800 billion yuan, or around 119 billion US dollars, in policy-based financial instruments for 2026 to support key projects and boost investment.
Tian YuHOST
The China Development Bank allocated 365 billion yuan, the Export-Import Bank of China 120 billion yuan, and the Agricultural Development Bank of China 315 billion yuan.
Tian YuHOST
Wuhan Metro Line 12 has fully opened to traffic, becoming China's longest subway loop line.
Tian YuHOST
The 59.9-kilometer line has 37 underground stations, connecting seven central districts and the city's two major railway hubs, Hankou and Wuchang.
Tian YuHOST
Three policy banks in China says the country has completed issuing 800 billion yuan, or around 119 billion US dollars, in policy-based financial instruments for 2026 to support key projects and boost investment.
Tian YuHOST
The China Development Bank allocated 365 billion yuan, the Export-Import Bank of China 120 billion yuan, and the Agricultural Development Bank of China 315 billion yuan.
Tian YuHOST
A senior Chinese legislator has stressed the complementarity of strengths and mutual benefit in China-EU trade relations.
Tian YuHOST
Li Hongzhong, vice chairman of the Standing Committee of the National People's Congress, made the remarks while meeting with Ben Lang, chair of the European Parliament's Committee on International Trade in Beijing on Wednesday.
Shane BiggamHOST
China has completed the issuance of 800 billion yuan in financial instruments for the year, about 119 billion U.S. dollars, channeling funds to key projects to expand investment.
Shane BiggamHOST
The China Development Bank allocated 365 billion yuan, involving projects with a total investment of 5.5 trillion yuan.
Shane BiggamHOST
The Export-Import Bank of China allocated 120 billion yuan helping leverage over 1.7 trillion in investment while the Agricultural Development Bank of China allocated 315 billion featuring projects with a total investment of around 4.4 trillion.
Shane BiggamHOST
first launched in 2025 with an allocation of 500 billion yuan.
Shane BiggamHOST
These instruments prioritize the digital economy, artificial intelligence, and urban renewal endeavors such as transport, energy, and underground pipe network upgrades.
Shane BiggamHOST
According to the China Development Bank, more than 179 billion yuan went into projects in AI, the digital economy, and biomedicine.
Shane BiggamHOST
The Export-Import Bank of China supported more than 220 projects in emerging sectors like the digital economy and AI, with loans to these fields accounting for nearly half of its total allocation.
Shane BiggamHOST
Meanwhile, the Agricultural Development Bank of China supported almost 2,000 projects in areas including AI, the digital economy, and the low-altitude economy, with financing of nearly 200 billion yuan.
Graeme SmithHOST
This is China Exim Bank.
Graeme SmithHOST
This is China Development Bank.
Graeme SmithHOST
But it seems that other banks have kind of seen how big the pie is and gone, hey, we'd like some of that.
Graeme SmithHOST
Has that become an arena of competition outside China's borders? Yeah.
Jason BedfordGUEST
They may only be 8.7% of total system assets, but that means they're absolutely gigantic.
Jason BedfordGUEST
CDB is bigger than the rest of the world's development banks combined, as long as you exclude the other two policy banks.
Louisa LimHOST
CDB is China Development Bank.
Jason BedfordGUEST
Correct.
Scilla AlecciGUEST
So, I mean, this was just an example, I think.
Eric OlanderHOST
Yeah, and it highlights how Chinese state banks in the China Development Bank and the China Exim Bank in many ways are operating in very different ways than, say, traditional policy banks have operated.
Eric OlanderHOST
So, for example, it's thrown off a lot of people that the China Development Bank is issuing commercial-based loans, which is not usually something that happens from a state lender.
Eric OlanderHOST
Normally, they're concessional lending.
Eric OlanderHOST
And I mean, there are some exceptions.
Dinny McMahonGUEST
So even after this rate cut, the PSL rate for one-year funds is now about one point five percent.
Dinny McMahonGUEST
But the yield on one-year bonds issued by China Development Bank is currently below one point four percent.
Dinny McMahonGUEST
So there's really not that much reason for the policy banks to use the facility at the moment.
Dinny McMahonGUEST
So I think the PSL rate cut was preemptive as much as anything else, 'cause I think we're gonna see a surge of bond issuance over the next few months.