At the Lujiazui Forum plenary on June 18, CPPCC standing committee member Zhou Hanmin said international green bonds typically show a green premium—slightly lower financing costs than plain bonds—but that premium is not evident in China. Chinese issuers receive limited benefit from green bond labels, leaving issuance incentives weak. Zhou blamed a shallow domestic green investor base, limited tax incentives and inadequate risk compensation, and proposed establishing tax incentives, improving int

2026-06-18

At the Lujiazui Forum plenary on June 18, CPPCC standing committee member Zhou Hanmin said international green bonds typically show a green premium—slightly lower financing costs than plain bonds—but that premium is not evident in China. Chinese issuers receive limited benefit from green bond labels, leaving issuance incentives weak. Zhou blamed a shallow domestic green investor base, limited tax incentives and inadequate risk compensation, and proposed establishing tax incentives, improving interest-subsidy policies and creating a green guarantee mechanism to ensure green assets carry value.