Asia Society Policy Institute

Principles for the China Development Bank (CDB).

Offers basic principles to foster openness and inclusivity in CDB operations and support economic and social development.

CDB should:

• Provide active support for companies operating overseas.
• Join the “United Nations Global Compact (UNGC)” and the "United Nations Environment Programme Finance Initiative (UNEP FI)."
• Guide companies toward developing and managing construction projects in accordance with international ecological protection principles and regulations.

CDB Staff should:

• Adhere to Chinese laws.

CDB should:

• Commit to sustainable economic and social development, particularly in areas such as shantytown transformation, poverty relief, rural and agricultural development, and education.
• Promote social equity and justice, and improve people’s well-being. 
• Consider public opinion.
• Utilize social mechanisms benefiting, involving, and supervised by the general public (the government, markets, communities, and other companies) to support development and risk prevention. 
• Engage in grassroots-based recruitment and employment.
• Participate in and supervise management staff selection, appointments, and appraisals.
• Safeguard workers’ right to know.
• Actively promote cultural exchanges.

CDB Staff should: 

• Adhere to responsibilities and commitments to China, the community, customers, and the CDB.

CDB should: 

• Actively develop green credit for energy conservation, environmental protection, and ecological preservation.