State development bank of CHINA: Contribution to PRC sustainable economic growth
The paper presents a description of the activities of the State Development Bank of China (GBRK). The author reveals the structure of the bank’s owners; GBRK mainly implements projects in the field of infrastructure, agriculture and industry, innovation both in China and abroad. The Bank finances it...
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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2022-09-01
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Series: | Вестник университета |
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Online Access: | https://vestnik.guu.ru/jour/article/view/3755 |
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author | S. S. Matveevskii K. T. Tazabaeva |
author_facet | S. S. Matveevskii K. T. Tazabaeva |
author_sort | S. S. Matveevskii |
collection | DOAJ |
description | The paper presents a description of the activities of the State Development Bank of China (GBRK). The author reveals the structure of the bank’s owners; GBRK mainly implements projects in the field of infrastructure, agriculture and industry, innovation both in China and abroad. The Bank finances its activities primarily through the issuance and sale of bonds. The growth of GBRK assets allows the bank to increase lending volumes, the number of financed projects. Most of the projects financed by the GBRC are being implemented in China; the bank is also actively working abroad: it participates in the import of minerals to China, and promotes the export of Chinese goods and services. The experience gained in the implementation of projects in China allows the bank abroad to successfully select projects, carry out their joint financing (taking into account local conditions). The strategically sound selection of projects, their successful implementation in key segments of the Chinese economy, and the growth of the bank’s assets determine the decisive contribution of the GBRC to China’s sustainable economic growth. |
format | Article |
id | doaj-art-b763f45099a64af3821f8f76527baef3 |
institution | Kabale University |
issn | 1816-4277 2686-8415 |
language | English |
publishDate | 2022-09-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj-art-b763f45099a64af3821f8f76527baef32025-02-04T08:28:13ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-09-010814515310.26425/1816-4277-2022-8-145-1532550State development bank of CHINA: Contribution to PRC sustainable economic growthS. S. Matveevskii0K. T. Tazabaeva1Financial University under the Government of the Russian FederationFinancial University under the Government of the Russian FederationThe paper presents a description of the activities of the State Development Bank of China (GBRK). The author reveals the structure of the bank’s owners; GBRK mainly implements projects in the field of infrastructure, agriculture and industry, innovation both in China and abroad. The Bank finances its activities primarily through the issuance and sale of bonds. The growth of GBRK assets allows the bank to increase lending volumes, the number of financed projects. Most of the projects financed by the GBRC are being implemented in China; the bank is also actively working abroad: it participates in the import of minerals to China, and promotes the export of Chinese goods and services. The experience gained in the implementation of projects in China allows the bank abroad to successfully select projects, carry out their joint financing (taking into account local conditions). The strategically sound selection of projects, their successful implementation in key segments of the Chinese economy, and the growth of the bank’s assets determine the decisive contribution of the GBRC to China’s sustainable economic growth.https://vestnik.guu.ru/jour/article/view/3755development bankprojectproject cyclestate development bank of chinabondseconomic growthassetsselection of projectsimplementation of projectsco-financing |
spellingShingle | S. S. Matveevskii K. T. Tazabaeva State development bank of CHINA: Contribution to PRC sustainable economic growth Вестник университета development bank project project cycle state development bank of china bonds economic growth assets selection of projects implementation of projects co-financing |
title | State development bank of CHINA: Contribution to PRC sustainable economic growth |
title_full | State development bank of CHINA: Contribution to PRC sustainable economic growth |
title_fullStr | State development bank of CHINA: Contribution to PRC sustainable economic growth |
title_full_unstemmed | State development bank of CHINA: Contribution to PRC sustainable economic growth |
title_short | State development bank of CHINA: Contribution to PRC sustainable economic growth |
title_sort | state development bank of china contribution to prc sustainable economic growth |
topic | development bank project project cycle state development bank of china bonds economic growth assets selection of projects implementation of projects co-financing |
url | https://vestnik.guu.ru/jour/article/view/3755 |
work_keys_str_mv | AT ssmatveevskii statedevelopmentbankofchinacontributiontoprcsustainableeconomicgrowth AT kttazabaeva statedevelopmentbankofchinacontributiontoprcsustainableeconomicgrowth |