Free Trial

PBOC to Further Promote Green Finance: Xinhua

CHINA PRESS
MNI (Singapore)

The PBOC will vigorously promote the establishment of pilot zones for green finance reform, focusing on strengthening resource allocation, risk management and market pricing to increase financial support for low-carbon development, Xinhua News Agency reported citing Deputy Governor Liu Guiping. These pilot zones should create conditions for the calculations and disclosures of climate-related information such as carbon emissions, and reduce the dependence of economic development on high-carbon industries by upgrading investment structure, Xinhua said citing Liu.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.