China has become the world's largest green bond market.

The article titled "China's Green Bond Market Surpasses Global Peers" was published on the website of the Financial Times on the 5th. According to the analysis of data from the London Stock Exchange Group by the Financial Times, by 2025, the issuance of bonds in China certified or meeting the standards of the international "Climate Bond Initiative" will reach a record $70.3 billion, surpassing Europe and the United States for the first time to become the world's largest green bond market. China accounts for over 17% of the total global green bond issuance this year, while the United States only accounts for 3%. Alicia Garcia-Herrero, Chief Economist for Asia-Pacific at Societe Generale, said, "The United States has exited the competition, while the European market is also faltering."