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Business Development Bank, the first foreign-funded bank in China, established its representative office in Chengdu recently. After eight-years' low-sped deelopment in Guangdong, it finally enters Western China.

It is introduced that Business Development bank's clients mainly are mid-scale enterprises and its business focuses on mid- or long- term loans. Nowadays, the bank has applied for RMB business. It will offer RMB financing business for foreign-funded investment enterprises and foreign currency financing service for Chinese-funded enterprises.