Feng Xin, School of Economics

Ma Shucai, Bureau of Retired Veteran Cadres of Liaoning Provincial Committee of CPC

Abstract: Under the new normal of slowing economic growth in China, the original economic development model at the expense of the environment is no longer sustainable. The development of green finance in China has become a consensus at both the policy and practical levels, as the financial system encourages the development of technology-intensive energy-saving and environmental protection industries, as well as high-technology and high-end service industries through the guidance of funds, which is of dual significance to the upgrading of industrial structure and environmental protection. The development of green finance in China is relatively early and has begun to take shape, but there are still many deficiencies. The development experience of green finance in developed countries has a certain revelation for China. This paper summarizes the green finance development experience of the United States, the United Kingdom, South Korea and other developed countries, and puts forward relevant suggestions for the further development of green finance in China.

Read the article here:           【可持续发展】中国绿色金融的发展现状、问题及国际经验的启示.pdf