Our country has built the world's largest green bond market.

This year, China's first national standard in the field of green finance was officially released. The People's Bank of China also led the revision of the directory of green finance support projects, defining the scope of various domestic green finance products. Transition financial standards for the coal, electricity, steel, building materials, and agriculture industries have already been applied in more than 20 provinces and cities. Ma Jun, Director of the Green Finance Professional Committee of the China Finance Association, stated that we have built the world's largest green bond market, and these financial instruments have effectively supported the development of our green industry. Statistics show that as of the end of the first quarter of this year, China's green loan balance has reached 40.6 trillion yuan, green bond balance is 2.13 trillion yuan, with a cumulative issuance exceeding 4.33 trillion yuan.