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Wei Quan, Yipu Li, and Xun Li of Han Kun Law Offices report that China has made great strides in developing its green finance markets as the country strives for alignment with international standards

Administration of environmental protectionGreen bond standards committeeMinistry of ecologyNational financial regulatory administrationInternational capital market associationChina securities regulatory commissionPeople bankClimate bonds initiative standardNational developmentChina banking regulatory commissionUn environment programmeInsurance regulatory commissionReform commissionGreen financial systemState administrationEnvironmental protection