Nansha promotes green financial development

Updated: 2020-07-29 chinadaily.com.cn

The Nansha financial work bureau introduced the district's green financial development during a conference jointly held by the Guangzhou branch of the People's Bank of China, the Department of Industry and Information Technology of Guangdong province, the Guangdong Financial Supervisory Authority, and the Guangzhou financial bureau on July 23.

Nansha has devoted great efforts in becoming a demonstration zone for green finance and sustainable development. Currently, it has initially built an excellent environment for green financial development, boosting high-quality development of Nansha's economy and accelerating the construction of an international financial hub in the Guangdong-Hong Kong-Macao Greater Bay Area.

By the end of 2019, Nansha has realized an overall added value of the financial industry of 12.89 billion yuan ($1.84 billion), ranking third in Guangzhou. A total of 11 licensed corporate financial institutions have settled in the area, accounting for 20 percent of the total number in Guangzhou.


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