Investing in China: Great opportunities foreseen with innovative moves, says Bloomberg

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With volatility and uncertainties in the global market, China has continued to push forward its reform and opening-up measures, which has given market participants globally a lot of confidence, Li Bing, head of Bloomberg Asia Pacific, told CGTN on Thursday.

Li shared his insights in an interview on the sidelines of a forum themed “Investing in Asia: Spotlight on China” in Abu Dhabi, United Arab Emirates,  and expressed his long-term optimism over the Chinese market.

Noting examples such as the Bond Connect, the southbound Bond Connect and northbound Swap Connect, he highlighted China’s innovative moves to further open up so that global investors have ease of access to the market with great potential.

With a vision to reach its carbon emissions peak before 2030 and become carbon neutral before 2060, China attaches great importance to sustainable finance as one of the key roles in developing its green economy. Li believes that China has taken a leading role in this endeavor.

“China has played a huge part in that globally in terms of the race to net zero,” Li said. “Without China’s participation, I think it’s very difficult for the world to achieve that goal.”

Apart from China’s stronger leading role in the sustainable finance sector, traditional finance, such as the fixed-income market, will also continue to offer tremendous opportunities, he added.