Established in 1994, the China Development Bank (CDB) is a state-funded and state-owned development finance institution. Functioning as an independent legal entity, CDB operates under the direct oversight of the State Council of the People's Republic of China. The bank is dedicated to advancing China’s economic development by providing financial support to key industries and under-developed sectors. Through its strategic investments and financing initiatives, the China Development Bank plays a crucial role in driving the country’s growth and addressing regional disparities.