China: Notice by the Ministry of Commerce and the Ministry of Ecology and Environment on Issuing the “Green Development Guidelines for Overseas Investment and Cooperation” (Unofficial translation)
Notice by the Ministry of Commerce and the Ministry of Ecology and Environment on Issuing the “Green Development Guidelines for Overseas Investment and Cooperation”, 15 July 2021
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Green Development Guidelines of Foreign Investment and Cooperation
The Guidelines has been issued in order to implement the Central Committee of CPC and the State Council’s decision, accelerate green development of foreign investment cooperation and foster a new development paradigm.
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III. Highlights
(i) Adhere to the concept of green development. [...]
(ii) Promote green production and operation. [...]
(iii) Construct green infrastructure. [...]
(iv) Establish green overseas economic and trade cooperation zones. [...]
(v) Foster green technology innovation. [...]
(vi) Promote enterprises’ green transformation. [...]
(vii) Prevent ecological and environmental risks. [...]
(vii) Follow international green rules and standards. [...]
(viii) Optimize green regulatory services. [...]
(ix) Enhance the reputation of green development. [...]
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Cc: China Development Bank, Export-Import Bank of China, China Export and Credit Insurance Corporation.
General Office of the Ministry of Commerce
Issued on July 15, 2021