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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
German Chancellor Olaf Scholz visited Chongqing, China's rising EV hub. Amid EU tariff considerations, this trip highlights China-Germany green cooperation potential. What further opportunities could arise? Chen Bin, VP of China EximBank, discusses green financial collaboration.
Chen Bin: The Export-Import Bank of China and KfW Development Bank are both witnesses and participants in China-Germany financial cooperation. One representative project is the Hengshui Lake wetland conservation and management project in Hebei Province, which is a very important example of China-Germany cooperation in biodiversity and sustainable natural resource management. We have introduced advanced governance concepts, further enriched local biodiversity, effectively improved the local ecological environment, and practiced the concept advocated by President Xi Jinping that "Lucid waters and lush mountains are invaluable assets."
Environmental protection has been a challenge facing humanity, for which the space is boundless for our cooperation in green finance. In addition to our cooperation with KfW in the past, there has been extensive financial cooperation in areas like ESG (Environmental, Social, Governance) with many German financial institutions such as Deutsche Bank, Commerzbank, and others in Asian, African, and Middle Eastern markets. Going forward, we hope to expand cooperation in green innovation, low-carbon development, energy transition, etc.