MNI China Daily Summary: Thursday, July 25

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CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

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China’s Carbon Accounting Brings Overseas Recognition

CHINA PRESS
MNI (BEIJING)
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Authorities’ plans for a national carbon footprint accounting system will help Chinese firms gain international recognition and transform the country’s production pattern, according to Liu Jiaqi, an energy specialist from Liaoning University. Wu Qi, a senior researcher at Pangu Think Tank, said financial institutions can now accurately assess firms’ carbon emissions and promote innovative green financial services, and drive the low-carbon transformation of intensive industries like steel and transportation. (Souce: Securities Daily)

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Authorities’ plans for a national carbon footprint accounting system will help Chinese firms gain international recognition and transform the country’s production pattern, according to Liu Jiaqi, an energy specialist from Liaoning University. Wu Qi, a senior researcher at Pangu Think Tank, said financial institutions can now accurately assess firms’ carbon emissions and promote innovative green financial services, and drive the low-carbon transformation of intensive industries like steel and transportation. (Souce: Securities Daily)