MNI POLICY: China 2019 Green Bond Sales Rise 30%, Ma Jun Says

By Archie Zhang

     BEIJING (MNI) - Chinese public and private entities sold over CNY350

billion green bonds in domestic and overseas markets in 2019, 30% more than a

year ago, as the country sought funding for projects in clean energy,

environmental protection, sustainable transportation and buildings, said Ma Jun,

the Chairman of the Green Finance Committee of the China Finance Association.

     Since 2016, China has in total raised total CNY1.1 trillion via the sale of

green bonds, Ma said at the Asian Finance Forum on Tuesday. 

     China, as one of the world's largest green finance markets, is seeking

standardization in partnership with Europe to allow companies from both sides to

offer bonds in each other's markets, such as green panda bonds in China, Ma

said.

--MNI Beijing Bureau; +86 (10) 8532-5998; email: archie.zhang@marketnews.com

--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com

--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com

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