OREANDA-NEWS. November 20, 2013. China Banking Regulatory Commission recently released the Reply of CBRC concerning the Credit of China Development Bank (NO.556(2013)), announcing that the financial bonds issued by CDB by the end of 2015 have a 0% risk weight till they mature, and will be dealt with as policy financial bonds.

Different from the previous three credit-concerned replies, this one gives replies to CDB's credit policies in 2014 and 2015 for one time. Compared with the previous "one year, one extension", it gives expression to boosted continuity and stability of CDB's credit.

CBRC's reply has reflected the importance that the Central Committee of the Communist Party of China (CPC) and the State Council have attached to CDB's role in mid- and long-term investment & financing as well as their recognition of CDB's contribution to national strategies and support to economic & social development.