Aerial photo taken on Aug. 17, 2020 shows a photovoltaic power station at a green industrial development park in the Tibetan Autonomous Prefecture of Hainan, northwest China's Qinghai Province. (Xinhua/Zhang Long)
BEIJING, April 6 (Xinhua) -- China ranked as the leading issuer for green bond offerings, surpassing the United States in the first quarter of this year, latest data from Refinitiv, a global provider of financial market data and infrastructure, showed recently.
According to Refinitiv, China has issued 15.7 billion U.S. dollars worth of green bonds in the first quarter of this year, four times the figure registered last year.
Analysts noted that the prosperity of China's green bond issuance is largely due to China's effective control of the COVID-19 pandemic and stable economic recovery.
By the end of 2020, China has boasted the green bond stocks of 813.2 billion yuan, ranking second in the world.
In February, China issued its first batch of carbon-neutral bonds in the interbank bond market as part of the country's efforts to meet its 2060 carbon-neutral target. (Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)
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