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MNI BRIEF: PBOC To Push Institutes To Support Green Agenda: Yi


The People's Bank of China will utilise commercial banks rating, rates on deposit insurances and macro-prudential assessments to nudge financial institutions towards support green finance and carbon emission cuts, People's Bank of China Governor Yi Gang said Tuesday in a speech to Bo'ao Forum.

China will continue to open up its financial sector and facilitate foreign investors to participate in the country's green finance market.

Recently, a senior PBOC official told MNI Beijing should, in part at least, use ecological data to measure economic growth data

MNI London Bureau | +44 203-865-3812 |
MNI London Bureau | +44 203-865-3812 |

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