China Supports Capital-Raising by Green Enterprises


China will continue to support enterprises engaged in energy conservation or environmental protection to raise capital through listing on the stock market, as long as they conform with relevant provisions, China Securities Regulatory Commission (CSRC) announced on February 8.
Emerging industries like energy conservation and environmental protection are significant for China’s economy to transform and upgrade. CSRC has been paying attention to financing of small and medium-sized enterprises (SME), urging them to diversify financing channels to cut financing costs.
By June 2016, the number of energy-conservation and environmental-protection enterprises listed on the SME board and Growth Enterprises Market board had reached 70 and 59, respectively.