Industry WIKI

Green finance is officially promoted as an important feature of the Belt and Road Initiative, China's signature global economic development initiative. The official vision for the BRI calls for an environmentally friendly "Green Belt and Road".

Since the late 2000s, the People's Republic of China (PRC) has sought to internationalize its official currency, the renminbi (RMB) or Chinese yuan (CNY). This initiative aims to reduce dependence on the United States dollar and enhance China's influence in the global financial system. Key strategies have included promoting the use of the yuan in international trade invoicing, cross-bord