China’s National Development Bank issues $1.7 billion of green bonds

[Photo/VCG] BEIJING – China’s National Development Bank (NDB), a key policy bank, has successfully released 12 billion yuan ($1.7 billion) in the form of three-year green financial bonds, with an issuance rate of 1.63 percent, which have attracted a wide variety of investors. The NDB has now reached a cumulative total of 189 billion yuan … Continue reading China’s National Development Bank issues $1.7 billion of green bonds

China to step up efforts for financial reforms

China expects to improve its macroeconomic governance system with further efforts to deepen the reform of the fiscal and financial systems as well as enhanced fiscal policy consistency, an official said on Friday. Han Wenxiu, executive deputy director of the office of the Central Committee for Financial and Economic Affairs, said at a news conference … Continue reading China to step up efforts for financial reforms