MNI BRIEF: China To Boost Environmental Equipment Industry
MNI (BEIJING) - China will support environmental protection equipment manufacturers to issue green bonds, expand financing channels and access government investment funds, the Ministry of Industry and Information Technology said on Wednesday, noting the sector's crucial foundation for the country’s green and low-carbon initiatives.
The ministry will support firms to build multinational corporations, enhance international influence and increase trade.
The island province of Hainan's officials are expecting the province's green development credentials will attract European companies, a senior provincial official told MNI on the side lines of this year’s National People’s Congress. (See MNI INTERVIEW: Hainan Green FTZ to Attract EU Investors - NPC)