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State-owned companies accelerating progress on crucial infrastructure projects

State-owned companies accelerating progress on crucial infrastructure projects
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State-owned firms gather pace on key infra projects

Green bond sector sprouting up nationwide

Green bond sector sprouting up nationwide By JIANG XUEQING | China Daily | Updated: 2021-03-16 09:47 Share CLOSE Employees of State Grid Suzhou Power Supply Co check facilities at a charging station in Suzhou, Jiangsu province, in December. [Photo/Xinhua] Environmentally sustainable financing system key to peaking CO2 emissions by 2030, reaching carbon neutrality by 2060 China s green bond market has been growing steadily as the system keeps improving and the idea of environmentally sustainable investment deepens. In 2020, the world s second-largest economy issued 216 green bonds worth 222.88 billion yuan ($34.48 billion). Domestic issuers altogether issued 18 green bonds overseas, worth a total of about 49.6 billion yuan, according to a report released by China Lianhe Credit Rating Co Ltd.

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