国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Opinion / Op-Ed Contributors

Financial reform to boost green industry

By YUAN YING (China Daily) Updated: 2015-12-07 08:54

But the governments, on their part, have to initiate institutional reform to ensure green loans enjoy favorable interest subsidies or can be directly invested in industries. Internet-based financing is another option that could make green investments more attractive.

Noticeably, China's photovoltaic industry has witnessed a slew of innovations in financing, especially given that photo-voltaic power stations are seldom taken as a stable asset capable of independently generating cash flows, because borrowers' status is still considered very important.

As a financing route of high interest rate and short period (involving individuals, and financial and non-financial institutions), crowd-funding is a feasible solution for distributed photovoltaic projects which yield decent returns and high electricity output and price. Yet unlike many person-to-person projects, photovoltaic power projects need more time to provide long-term benefits at relatively low expenditure.

Luckily, equity crowd-funding business in China is now under proper management, as the China Securities Regulatory Commission issued regulations in August to create a healthy and orderly e-financing environment and correct illegal activities.

The online crowd-funding platforms launched by Chinese e-commerce giants like Alibaba and JD.com raised much more money beyond market expectations. It is thus foreseeable that a reform is about to take place in the finance channels available to photovoltaic projects.

For many, apart from the public-private partnerships between governments and social capital, asset securitization is also a big investment and financing trend, because it focuses less on the status of enterprises, allowing those lacking creditworthiness to attract investment as long as they own prime assets to generate healthy cash flows.

Enterprises with decent creditworthiness might even spend less in getting funds from other sources than directly obtaining loans from banks, while providing tailored products to potential investors during a flexible maturity period. Still, China's green industry, as the aforementioned financing innovations in the photovoltaic power industry indicate, can get a real boost if it manages to use government-led financial reform along with the Internet-based finance channels.

The author is a senior campaigner for climate and energy, Greenpeace East Asia.

Previous Page 1 2 Next Page

...
迁西县| 两当县| 石河子市| 社会| 浑源县| 竹北市| 新津县| 资溪县| 塔河县| 伊宁市| 石门县| 鄂托克旗| 靖州| 张家界市| 苏州市| 榆中县| 鹰潭市| 新和县| 内黄县| 库车县| 鄱阳县| 阿克苏市| 信阳市| 科尔| 垦利县| 龙陵县| 开原市| 湘潭市| 高台县| 明水县| 洪江市| 和平区| 厦门市| 芦山县| 西城区| 奉化市| 宜宾县| 文安县| 定远县| 兴山县| 福泉市|