Author

Ruichen Hong

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Ruichen Hong is a research assistant at the International Institute of Green Finance (IIGF). He received a Master of Accounting from the University of Glasgow,  UK, and is in the process of receiving the certification by the Association of Chartered Certified Accountants (ACCA) . He is a main author of the China Climate Financing Report and Establishing China’s Green Financial System: His research areas are climate finance, carbon finance, environment accounting and carbon accounting.

During the 2nd Belt and Road Forum for International Cooperation, Chinese President Xi Jinping announced that the China Development Bank (CDB) will provide special loans of 250 billion RMB to support BRI-related infrastructure, production capacity and financial cooperation. The special loans consist of three sub-loans, namely a special…