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CDB and China Minsheng Bank Hold a Launch Ceremony and High-Profile Meeting for CDB Green Bond Counter for Carbon Neutrality

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Time:2021-03-26  Source:CDB

On March 23, CDB and China Minsheng Bank held the inauguration ceremony of CDB Green Bond Counter for Carbon Neutrality. Mr. Ouyang Weimin, Deputy Secretary of the Party Committee and President of CDB, and Mr. Gao Yingxin, Secretary of the Party Committee and Chairman of Minsheng Bank, attended the ceremony. Shi Jie and Hu Qinghua, members of the Party Committee and Vice Presidents of Minsheng Bank, and Zhou Xuedong, member of the Party Committee and Vice President of CDB, attended the ceremony.

Ouyang Weimin said at the inauguration ceremony that the successful launch of the counter is of great significance, which is a pragmatic initiative of both sides based on the new development stage to implement the new development concept and build a new development pattern. Such initiative would further enrich the supply of "Carbon Neutrality" financial products and guide the public to invest in green finance.

After the launch ceremony, Ouyang Weimin met with Gao Yingxin. Gao Yingxin noted that CDB, as a development financial institution under the leadership of the CPC, has long been committed to serving national strategies, and has complementary advantages with Minsheng Bank in terms of institutional positioning and development direction, and there is a huge space for future cooperation between the two sides. He hoped that the two sides will establish regular docking mechanisms in the fields of capital business, syndicated loans and international business, and further expand cooperation in credit and financial products in key areas, such as new infrastructure, high-end equipment manufacturing, strategic emerging industries, green finance and rural revitalization.

Ouyang Weimin said that Minsheng Bank is a joint-stock commercial bank featuring the development of private economy and an important partner of CDB. He hoped that both sides will continue to uphold their patriotism and responsibility, take this launch of green bond counter as an opportunity to deepen the cooperative relationship and establish fine and solid long-term cooperation mechanism. Both sides should deepen the traditional cooperation in bond investment, fund trading and syndicated loans, promote the manufacturing capital cooperation program and supply chain finance model to jointly support the development of SMEs, strengthen the international business cooperation concerning the "Belt and Road", deepen the business cooperation of subsidiaries at the group level, and actively explore the innovative model of student loans to better serve the high-quality development of the economy and society.