Core Insights - The article highlights the significant role of China Development Bank (CDB) in financing and supporting the Belt and Road Initiative (BRI), particularly through infrastructure projects like the Jakarta-Bandung High-Speed Railway in Indonesia, which has been operational for two years and has transported over 11.25 million passengers as of August 2023 [1][2]. Group 1: Infrastructure Development - The Jakarta-Bandung High-Speed Railway, financed by CDB, is the first high-speed rail in Indonesia and Southeast Asia, showcasing Chinese technology and standards while employing local materials and labor [1]. - CDB has issued loans exceeding 780 billion yuan (approximately 112 billion USD) to support BRI projects since the start of the 14th Five-Year Plan [2]. - The Lekki Deep Sea Port in Nigeria, supported by CDB financing, has seen a 63% increase in throughput since its opening in April 2023, demonstrating the positive impact of such projects on local economies [7]. Group 2: Financial Services and Support - CDB has established a diverse product system to meet the financing needs of BRI projects, including project loans, corporate financing, fund investments, and bond issuance [3]. - As of September 2023, CDB has issued 39.4 billion yuan in foreign trade stabilization quotas and 36.46 billion yuan in special loans to support small and micro foreign trade enterprises [4]. - CDB has set up a 5 billion USD special fund to support global development initiatives and enhance South-South cooperation [4]. Group 3: International Cooperation - CDB has expanded its international business to cover 118 countries involved in the BRI, emphasizing the importance of international financial cooperation to address funding gaps in developing countries [2][9]. - The bank has engaged in partnerships with various international financial institutions, including the World Bank and the French Development Agency, to jointly support projects in areas like green development and social welfare [10]. - CDB's international financial services have been enhanced through the establishment of regional financial cooperation mechanisms, facilitating collaboration with financial institutions in BRI countries [10]. Group 4: Economic Impact - CDB's support for the renovation of the Belgrano freight railway in Argentina has increased its capacity by 235%, significantly lowering transportation costs and enhancing the competitiveness of Argentine agricultural products in international markets [8]. - In Africa, CDB has issued 23.39 billion yuan in special loans for small and medium-sized enterprises, creating 270,000 jobs and benefiting 110,000 farmers [8]. - The bank's financing efforts have led to the successful implementation of numerous projects that promote economic growth and improve living standards in partner countries [5].
国开行:为高质量共建“一带一路”持续注入金融动能
Xin Hua Wang·2025-10-17 07:09