On April 26, 2022, the Financial Bureau of Guangzhou Nansha Development Zone, Hong Kong financial affairs and Treasury Bureau and Guangzhou Nansha Guangdong Hong Kong cooperation Advisory Committee held a seminar to explore strengthening cooperation and promoting green finance and Climate Investment and financing.
Liao Xiaosheng, director of the Financial Bureau of Guangzhou Nansha Development Zone, introduced the financial development of Nansha, the current situation of financial cooperation between Nansha and Hong Kong, the climate investment and financing work of Nansha and the next work plan. Guangzhou Nansha explored and innovated the green and low-carbon financing mechanism, launched the first China Construction Bank Corporation(601939) climate sub branch and Industrial Bank Co.Ltd(601166) Green Financial Innovation Center in China, launched the first green financial leasing online platform, green bank leasing, the first carbon neutral financial leasing service platform of China Southern Power Grid, and launched the country’s first public carbon neutral asset-backed commercial paper (ABCP), the country’s first inter-bank market REITs and energy industry REITs Shenzhen Stock Exchange’s first single carbon neutral car rental ABS and other innovative businesses; Gather a number of green finance think tanks and platforms, such as China finance 40 people forum, Guangzhou Green Finance Research Institute, climate investment and financing exchange center of Guangzhou Green Finance Association and carbon neutral digital technology laboratory, to promote academic research, practical innovation and international exchanges of green finance.
Chen Haolian, deputy director of the Hong Kong Bureau of financial services and the Treasury, said that Hong Kong is an international financial center. The world’s first offshore RMB green bond with the theme of Guangdong, Hong Kong and Macao and the offshore RMB green bond issued by the local people’s Government of the mainland for the first time were issued in Hong Kong. The Hong Kong Green bond market has developed rapidly. The total amount of green bonds arranged and issued in Hong Kong in 2021 reached US $31.3 billion, which will promote green finance There are many cooperation spaces in the climate investment and financing project library, which can jointly promote the development of national climate change projects and enterprises, introduce green funds for them, and improve the breadth, depth and product richness of Hong Kong’s green finance.
Mr. Yue Yi, chairman of Guangzhou Nansha Guangdong Hong Kong cooperation Advisory Committee, Mr. Su Jinliang, vice chairman, and Ms. Liao Aiyi, Deputy Secretary General of the Secretariat attended the meeting and said that they would continue to support and promote the joint construction of green finance and Climate Investment and financing in Dawan district between Guangzhou Nansha and Hong Kong.
On April 14, 2021, under the initiative of Liang Zhenying, vice chairman of the 13th CPPCC National Committee, the Management Committee of Guangzhou Nansha Development Zone established the Guangzhou Nansha Guangdong Hong Kong cooperation Advisory Committee, with nine special working groups including the special working group on financial cooperation, and the Secretariat of the special working group on financial cooperation is set up in the Financial Bureau of Guangzhou Nansha Development Zone. The meeting gave full play to the role of “super contact” of Guangzhou Nansha Guangdong Hong Kong cooperation Advisory Committee. Guangzhou Nansha will further rely on Guangzhou Nansha Guangdong Hong Kong cooperation Advisory Committee to deepen Guangdong Hong Kong financial cooperation and promote new progress in building a green financial hub in Dawan district with Hong Kong.
Since the publication of the outline of the development plan of Guangdong Hong Kong Macao Dawan District, the construction of Nansha Guangdong Hong Kong Macao comprehensive cooperation demonstration zone is entering a fast lane, accelerating the realization of “hard connection” with Hong Kong and Macao infrastructure, “soft connection” with rules and mechanisms, scientific and technological cooperation “smart connection”, industrial coordination “chain connection” and “heart connection” with communication and integration. Nansha has promoted the docking of financial rules between Guangdong, Hong Kong and Macao and the interconnection of the market. It has also obtained the construction transcripts of Guangzhou futures exchange and HSBC Global Training Center. In the next step, the Financial Bureau of Nansha Development Zone will work with the Hong Kong financial affairs and Treasury Bureau to accelerate various climate investment and financing work, strengthen exchanges and cooperation, organize activities and build project library, and form replicable and popularized Climate Investment and financing experience, Better serve the green, low-carbon and high-quality development of Dawan district and the construction of green financial hub in Dawan district.
