Xie Boyang: Innovative Green Finance Provides New Impetus for China to Achieve High-level Green Development
2018/10/31 14:20:00 本站

On 26th October, the “2018 China Green Finance Innovation Development Forum” jointly organized by CBCGDF and China Council for the Promotion of International Trade Chongqing Committee was held in Chongqing. The forum was hosted by the Chongqing Finance Society, Chongqing Jiangbeizui Finance Promotion Association and Jiangbeizui Finance and Economics Think Tank.

 

At the opening ceremony of the forum, Xie Boyang, the State Council Counselor, the former Vice Chairman of the National Federation of Industry and Commerce and the head of CBCGDF, made an opening speech. The original speech is as follow:

 

Distinguished guests, ladies and gentlemen,

 

Hello everyone!

 

Here, on behalf of the Chairman of the China Biodiversity Conservation and Green Development Foundation, Hu Deping, I would like to express my heartfelt gratitude and warm welcome to all the guests and friends who have come to the “2018 China Green Finance Innovation Development Forum”!

 

The China Biodiversity Conservation and Green Development Foundation, referred to as the “CBCGDF”, is a national public fundraising foundation established by the permission of the State Council and supervised by China Association for Science and Technology and registered by the Ministry of Civil Affairs of the People’s Republic of China. The predecessor was the China Milu Deer Foundation founded in 1985 by the leading comrades of Lv Zhengcao, Qian Changzhao and Bao Erhan,  who were then vice-chairmen of the National Committee of the Chinese People’s Political Consultative Conference.

 

Since its inception, CBCGDF has been adhering to the principle of its establishing purpose which is “Widely contacting and mobilizing all aspects of society to care for and support biodiversity conservation and green development, protect the country’s natural environment and resources, promote sustainable socio-economic development, promote ecological civilization, and build a beautiful home for mankind”. The establishment of CBCGDF aims to maintain environmental justice through the construction of “China Conservation Area for something at somewhere” (CCAfa), the promotion of “Ecological ‘Belt and Road’” initiative international cooperation, the holding of large-scale environmental pubic welfare activities, and the organization of environmental protection academic forums. We will make our own efforts and contributions in the areas of promoting biodiversity conservation, promoting ecological civilization construction and green development.

 

Since the Fifth Plenary Session of the 18th CPC Central Committee, the five new development concepts of innovation, coordination, greenness, openness, and sharing have become the basic background of China’s long-term social and economic development during the 13th Five-Year Plan period. It has become a fresh and bright color in the new era of new development, and green development is undoubtedly required to be supported by green finance.

 

In March 2016, “Developing Green Finance and Establishing a Green Development Fund” was written into the “13th Five-Year Plan” and became a new boost to China’s sustainable development. On August 31 of the same year, the seven ministries and commissions including the People’s Bank of China and the Ministry of Finance jointly issued the “Guiding Opinions on Building a Green Financial System”. At the G20 Hangzhou Summit in September, they successfully reached consensus of international cooperation on green finance. The meeting of leaders of the G20 member countries in the financial sector has officially written seven initiatives to develop green finance into the communique. The report of the 19th National Congress of the Communist Party of China once again clearly called for “accelerating the reform of the ecological civilization system and building a beautiful China” and taking “development of green finance” as a path and necessary measure to promote green development. Therefore, how to innovate and develop green finance ahs become an important proposition for the development of the new era.

 

Under the guidance of Chairman Hu Deping’s “Green Locomotive Theory”, in 2012, CBCGDF set up a Green Enterprise Working Committee to guide enterprises to turn to low-carbon, recycling, environmental protection economy and take “green” road. At the end of 2016, CBCGDF established the “Green Financial Working Committee” and the Green Finance Department, and successively held a series of “International M&A and China Opportunities in Post-Crisis Political Context”, “Responsible Investment and Green Finance International” and other workshops and seminars, actively explore new modes of environmental public welfare organizations working in the green economy and green finance. In January 2017, CBCGDF and China Information Association jointly held the “First China Financial Innovation and Development High-Level Forum” successfully in Beijing to exchange and explore the practice and development of green finance in China. Today, we jointly welcomed the “2018 China Green Finance Innovation Development Forum” in Chongqing and decided to use Chongqing as the permanent hosting city of this forum to carry out green development and ecological civilization with governments and relevant units at all levels in Chongqing for long-term cooperation in construction and green finance.

 

The “2018 China Green Finance Innovation Development Forum” will be re-integrated with relevant government departments, social organizations, academic institutions, financial enterprises and institutions, and authoritative experts and scholars in the economic and financial circles on the basis of the first “China Financial Innovation and Development Forum”, focusing on the theme of the new era of green finance and new structural economics to help the high-quality development of the western economy, combined with green finance, the construction of the “Belt and Road” initiative, new structural economics, high-quality development of the western economy and other important issues, in-depth discussion and authoritative interpretation. We look forward to this event to play a positive role in the implementation of the green development concept and the promotion of green financial innovation.

 

CBCGDF will, as always, adhere to the working idea of “helping the ecology”, “supporting innovation”, “focusing on public welfare”, “persisting green” and “promoting development”, and look forward to in-depth exchanges and discussions with distinguished guests. I very much hope that this event, with the joint efforts of all parties involved, will write a new chapter for China’s financial innovation, open up a new realm for China’

 

Finally, please allow me, on behalf of CBCGDF ,to express my sincere gratitude to all the guests and to all the co-sponsors, academic support units, organizers, co-organizers and sponsoring companies that support and pay attention to this forum, focus on the green development cause, and thank the special guests and media friends.

 

I wish this event a complete success! Thank you!


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(Photo: CBCGDF)


Original Chinese article:

http://www.cbcgdf.org/NewsShow/4854/6568.html