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China is a world leader with regard to renewable energy resources, and its mature renewable energy technology and strong financial support will deliver more clean energy for the African people, said Joseph Jacobelli, a senior analyst of Asian utilities and infrastructure at Bloomberg Intelligence in Hong Kong.
China is one of the world's largest and fastest-growing green finance markets, which still has huge growth potential. Currently, the balance of green loans accounted for about 10 percent of China's outstanding loan balance, and the volume of green bonds accounted for only about 1 percent of the total volume of bond issuance, said Gracie Sun, managing director of the Paulson Institute's Green Finance Center.
China has seen significant improvement in its business environment in recent years, said Lau.
China has yet to establish a nationwide standard of green labeled products and enterprises, and there is no specific timetable for regulatory changes on the national level.
China is set to become the world's largest 5G market by 2025, with 460 million 5G users, according to a forecast by the Global System for Mobile Communications Association, an industry group.
来源：资阳报