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A Partnership for progress: A Partnership for progress: Strengthening International Financial Cooperation and Exchange.

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Presentation on theme: "A Partnership for progress: A Partnership for progress: Strengthening International Financial Cooperation and Exchange."— Presentation transcript:

1 A Partnership for progress: A Partnership for progress: Strengthening International Financial Cooperation and Exchange

2 2 1. The Current State of the World Economy 2. Overview of BRICS Financial Cooperation 3. CDB is Dedicated to Strengthening International Financial Cooperation and Exchange The Economy and the DFI: BRICS Situationer & Outlook

3 3 The Current State of the World Economy Global financial crisis continues & economic recovery remains fraught Flaws and inconsistencies in the international financial system

4 4 1.1 Unresolved structural issues and the ongoing sovereign debt crisis continue to impede recovery Still suffer from high unemployment, weak demand, and anemic growth Depressed export markets, volatile exchange rates and commodity prices, dual pressures of inflation and slowing growth Global financial crisis continues & economic recovery remains fraught

5 5 1.2 ◆ Imbalanced supply and demand of major reserve currencies ◆ Instability of exchange rate regimes ◆ Absence of a well-functioning, integrated “regulatory union.” Flaws and inconsistencies in the international financial system

6 6 agreed to increase the quota shares (13%) and voting power of emerging and developing economies Achievements World Bank IMF Brazil, China, India, and Russia The G20 meeting in Cannes all hold seats on the IMF Executive Board signaled a push for greater representation, stability, and flexibility in the international monetary system 1.3 Progress achieved on the development of a new international economic and financial order

7 7 Overview of BRICS Financial Cooperation Cooperative Achievements To Date 2010.4.15 The Inter-bank Cooperation Mechanism was born and a cooperative memorandum was signed Master Agreement on Extending Credit Facility in Local Currency and the Multilateral Letter of Credit Confirmation Facility Agreement The Annual Meeting of the BRICS Interbank Cooperation Mechanism and Financial Forum was held in China 2011.4.13 2012.3.29

8 8 Overview of BRICS Financial Cooperation Outlook on Future Cooperation 1 2 3 4 5 Promote local currency invoicing and lending Develop mechanisms to facilitate green financing Seek cooperation in strategic planning Make the inter-bank cooperation mechanism more tangible Offer better support for the real economy

9 9 CDB ★ strategic planning ★ government-led mobilization ★ development relief ★ social inclusion ★ finance facilitation ★ market pioneering Strengthening international financial cooperation and exchange China Development Bank (CDB) is a pioneer and prime actor in China's development finance sector.

10 10 3.1 Total asset: 950 billions USD Foreign Currency Outstanding: 210 bln USD Advantage of Scale 38 domestic branches, 2 overseas rep offices, 5 group subsidiaries NPL ratio : 0.4% ROA : 0.78% ROE : 10.52% annual net profit : RMB 43.9 bln Yuan Asset Size Asset Quality Profit Capability

11 11 China Development Bank will remain committed to the principle of mutual benefit and will continue to work closely with our global partners to promote further cooperation in international finance.


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