On July 29, 2022, the Green Bond Standard Committee released the “China Green Bond Principles”. The Principles are self-regulated frameworks for stakeholders’ reference to best practice of the Green Bond Market. Its purpose is to promote standardization and high-quality development across China Green Bond Market. The release of the Principles is of great significance for implementing the national green financial development strategy and promoting the high-quality development of the bond market. The introduction of China version of GBP marks that Chinese green bond standards is further compatible with international best practices. (CHN)
Ministry of Transport releases action plan to strengthen multimodal freight transport
On 29 September 2026, the Ministry of Transport, together with 11 other government departments and the China State Railway Group, issued the “Action Plan for Promoting High-Quality Development of Multimodal Transport and Optimizing the Transport Structure” (2026–2030). By 2030, the plan aims to improve links between railways, ports, inland terminals, logistics parks and industrial zones, strengthening multimodal freight services. Targets include an 80% railway connection rate in multimodal transport areas at coastal ports and more than 90% of freight transfers at key hubs completed within one hour. It also promotes shifts of suitable bulk freight from road to rail and water. For key industries, the plan targets an 85% share of clean transport.