This year, the Ministry of Ecology and Environment, together with four other ministries, released the "Guidance on Promoting a Green Belt and Road". Realizing this ambition requires green finance the full range of financial services that support the transformation to an environmentally and climate-friendly economy. Green finance in China has seen strong development based on the "'Guidelines for Establishing a Green Financial System" published by the People's Bank of China and six other govemment agencies in 2016.