The Problems And Countermeasures In The Development Of China’s Green Finance

In order to implement the main points of economy and environment coordinatedevelopment of "12th Five-Year Program for China’s Economic and SocialDevelopment " and cope with the challenges and opportunities which GreenEconomic development mode brings to China’s financial industry, this essay makes asystematical analysis of what influences that the Green Finance has on China’seconomy. This is helpful for us to develop and transform China’s financial industry.First of all, this essay makes a presentation about basic theory of Green Finance.Anddemonstrates the necessity of developing Green finance in China. Second, the essaymakes an analysis of the state of development of Green Finance in China according toChina’s Green GDP data form2005to2009, and points out the problems during thedevelopment. Third, this essay provides the solutions to these problems: rationallyguide the government at all levels to strengthen the support for Green Finance;establish the specialized policy agency for Green Finance; perfect the China’s policysystem of Green Finance; guarantee information symmetry between financialinstitutions and environmental groups; develop high-quality teams specialized inGreen Finance; rapid promote the Green Finance products; increase innovation ofGreen Finance produces; take an active parts in international financial market, etc.In order to promote China’s economic development and bring financial industry intoplay to national economic growth and social stability, the financial agencies andenvironmental groups should corporate with government according to China’spractical situation. This will integrate the economy development and the environmentproblems and open up a development road of Green Finance with Chinesecharacteristics.