The Singaporean Monetary Authority announced cooperation with the People's Bank of China to establish a green financial industry working group to deepen cooperation, promote exchanges in public and private, and better drive private funds to invest in the region in this area.Sustainable development needs.
Singapore and China will expand cooperation in green finance and capital markets, including the establishment of a green financial industry working group, and launch three ETFs under the China -New Listing Fund (ETF) market interconnection project before the end of the year.It will launch a low -carbon index.
The Singapore Financial Authority on Tuesday (November 1) at the Joint Council for Bilateral COPERATION (JCBC), a statement was issued to announce a statement in cooperation with the People's Bank of China to establish a green financial industry working team toDeepen cooperation, promote exchanges between the public and private fields, and better drive the demand for sustainable development of private funds to invest in the region.
The new working group will cooperate with the standards and definitions of green finance, green and transformation financing solutions, as well as data and technology promoters to drive the circulation of green funds and promote investment opportunities in the green fields of China and region.
will launch a three -listed fund
In December last year, the Singapore Exchange signed a memorandum of understanding with the Shenzhen Stock Exchange to achieve the interconnection of the China -New Listing Fund (ETF) market.The two parties announced their first three ETFs at the JCBC conference on Tuesday, and investors in the new China two places invest in each other in each other.The participating ETFs were launched by China Southern Fund Management and Southern Dongying Asset Management (Singapore), as well as Ping An Fund Management and Dahua Bank Investment Management.
The New Stock Exchange will also launch a low -carbon index with the Shanghai and Shenzhen Stock Exchange this year.The new index will provide a benchmark for fund managers to launch green funds focusing on China, Asians and other countries in Asia to enhance investors' interest in regional green investment opportunities.
Liang Xinsong, deputy director of the HKMA, pointed out that finance plays a key role in accelerating Singapore's sustainable future transformation, so the establishment of the Green Financial Working Group is very timely.
In addition to cooperation in the green finance and capital market, the new China also reached 19 forgive memorandum and cooperation agreements at this JCBC meeting, which is the most in recent years.
Wang Ruijie: The new project is progressing in the new China project and pioneering the new cooperation field
Wang Ruijie, Chairman of the New Fang of JCBC, Singapore Vice Premier and Minister of Economic Policy, said in a media interview after the meeting that the two countries have made significant progress in the six major cooperation areas and three intergovernmental cooperation projects, and they have continued to develop more.Many new cooperation areas.
For example, the Singapore Customs Bureau and the China Customs General Administration issued a joint statement, announcing the launch of a TRACK and Trace function at the end of this year.
This function of the interconnection and interconnection alliance chain based on the "single window" of blockchain technology will integrate the customs clearance logistics status information, and write the data into the blockchain.Yangshan Port pilot.This function will enhance the visualization of new Chinese container goods and enable enterprises to better manage the supply chain and capital flow.
Looking forward to next year, the second intergovernmental cooperation project of the two countries -Zhongxin Tianjin Ecological City will usher in the 15th anniversary of its establishment in 2023.Wang Ruijie believes that this is the good time to update the development strategy of the two countries.
He said: "Tianjin Ecological City was launched in 2008. At that time, climate change has not yet become the world's top issue. Now it is how we update how to create low -carbon development and promote solutions to more cities in China and regions.Time. "
Advanced technology and intelligent technology are important tools for sustainable development.To this end, Singapore University of Science and Technology Design will cooperate with Tianjin Ecological City to develop and use smart technology and solutions that can develop sustainable development to support the development of ecological cities into intelligent and low -carbon cities.
