China Archives - Page 4 of 4

19 Nov China Establishes RMB200bn Relending Facility to Support Clean Coal Use

Posted at 11:23 by Jordy Leo

China will set up a special relending facility worth RMB200bn (USD31.35bn) to support the clean and effective use of coal, as announced at an executive meeting of the State Council on November 17, according to its official website on the next day. Specifically, banks with...

18 Nov Common Ground Taxonomy: Consolidation of China and EU Green Definitions

Posted at 15:00 by Helena Zhu

The Common Ground Taxonomy (CGT), a comparative study of the green taxonomies of China and the EU, was published by the International Platform on Sustainable Finance (IPSF) on November 4 at the COP26. The CGT’s mission was to comprehensively assess existing taxonomies and identify commonalities...

08 Nov IPSF Releases Common Ground Taxonomy Built on EU, China Green Taxonomies

Posted at 15:46 by Helena Zhu

The International Platform on Sustainable Finance (IPSF) on November 4 released the Common Ground Taxonomy, a green investment classification system built on the green taxonomies of the EU and China, as reported by Caixin Global on November 5. Developed over two years, the Common Ground...

27 Sep China Issues First Operating Guidance for Green Bond Evaluation Agencies

Posted at 16:54 by Una Qu

China Green Bond Standard Committee (CGBSC) released the first operating guidance to regulate the domestic green bond evaluation market on September 24, according to the press on the National Association of Financial Market Institutional Investors (NAFMII) on the same day. The guidance will focus on...

13 Sep China Continues Strengthening Controls of Online Games for Teen Anti-Addiction

Posted at 17:41 by Una Qu

Chinese authorities on September 8 summoned major online gaming companies such as Tencent [0700:HK] and NetEase [NTES:US], along with game account rental and game broadcasting platforms, reiterating the gaming anti-addiction policy implementation to protect teenagers, as reported by Xinhuanet on the same day. The central...

08 Sep China Launches National Green Electricity Trading Trial

Posted at 17:42 by Una Qu

State Grid Corporation of China and China Southern Power Grid (CSG) launched the national-level green electricity trading trial for the first time on September 7, following approval from NDRC and National Energy Administration (NEA), as reported by Xinhuanet on the same day. According to the...

25 Aug China Passes Personal Information Protection Law, Effective in November

Posted at 17:20 by Maria Ma

The Standing Committee of the 13th National People's Congress (NPC) approved the Personal Information Protection Law (PIPL) on August 20, which will take into force on November 1, as reported by Chinanews.com on the same day. The law stipulates that no organization or individual shall...

12 Aug China to Enhance Anti-Monopoly Enforcement under New Development Outline

Posted at 16:57 by Edward Chen

The Central Committee of the Communist Party of China (CPC) and State Council on August 11 jointly released an implementation outline for the government’s development under the rule of law for the next five years, as reported by Caixin the next day. The outline underscored...

01 Apr INSIGHTS | Green Taxonomies: China, EU, and Common Ground Taxonomy

Posted at 13:37 by Una Qu

After the UK first announced its 2050 carbon neutrality by legislation in 2008, as of 2020, 30 countries and regions worldwide had proposed their carbon neutrality targets. Among them, as a member of Paris Agreement, China also promised to peak the country’s carbon emissions by...

23 Oct China’s ESG Application in Wealth Management Industry

Posted at 09:17 by Emilie Wu

China’s practices on social responsibility investment ESG, which stands for environmental, social, and governance, is a long-term growth investment strategy that focuses on the non-financial performance of a company. The core of ESG-themed investment is to explore a sustainable development path that finds a balance between...

China Tag