About Green Finance
Hong Kong Innovation Services Limited is participating in the establishment of a green finance platform in the Hong Kong Special Administrative Region. According to the 2019 Research Report on China's Green Bond Market: China's green bond total issuance research RMB 386.2 billion dollars in year 2019, consolidating its leading position at the world's green bond market.
China currently has about RMB 7-8 trillion of urban construction investment bonds that will be matured within five years. In response to the COVID-19 epidemic, the issuance of urban construction investment bonds by governments at all levels will be increased dramatically.
Dr. MA Jun, a Consultant to the People’s Bank of China and Director of the Green Finance Committee of the Chinese Finance Society, pointed out that starting from 2013, the People’s Bank of China estimates that China will need RMB 4 trillion dollars annually to invest in the environmental protection industry. But the Government can only provide 10% of the green investment capital, so the financial system must devote most of its resources to the entire green finance investment.
China Green Bond Market 2019 Research Report