A delegation from China Development Bank (CDB) recently paid a visit to China Zhongwang. Accompanied by China Zhongwang management, CDB visitors came to see production plants and the new project sites currently under construction. The visit was focused on engineering technology research center, aluminum alloy car body manufacturing plant, die plant, smelting and casting plant, aluminum processing plants, new industrial aluminum profiles project and new material warehouse. During the visit, progresses of business and project construction were explained to the visitors.
After the visit, a meeting was organized and
China Zhongwang management talked about the business developments and long term goals. Visitors from CDB stated that China Zhongwang has achieved outstanding results in driving light-weight development in transportation field, and they expressed the willingness to cooperate with China Zhongwang in related areas.
China Development Bank, also referred as CDB, was founded in 1994. It is a state-owned commercial bank under the direct jurisdiction of the State Council, and it was reformed into the National Development Bank Company Limited in 2008. As a developmental financial institution of the government, CDB has always been committed to "enhancing the nation’s strength, and improving the people’s livelihood." It insists on using market-oriented strategy to realize the national development, and act as the bridge between the government and market in the major engineering construction and the old northeastern industrial base revitalization process. In that sense, CDB has become the backbone of the national economic and social development.
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