China Promotes Sustainable Growth

Published: 13.09.2017 Related countries:  China China

As part of its determination to promote global sustainable growth, China vows to encourage cross-border green bond flows and green finance investment.

As part of its determination to promote global sustainable growth, China vows to encourage cross-border green bond flows and green finance investment. PBOC Deputy Governor Chen Yulu states that China will follow through with this commitment by building clear roadmaps and enhancing cooperation with countries that share similar values when it comes to climate change. Chinese green bonds represent about 2% of the total issuance of bonds in the domestic market, which is far higher than the 0.2% share in the global marketplace.