China's sustainable investing shows no sign of letting up
China DailyA vast expanse of solar panels shadows the surface of a semi-desert in Northwest China's Qinghai province, turning it into a photovoltaic park. China's recovery from the economic blow of the COVID-19 crisis presents a potential watershed moment for sustainable investing in the country. Across the range of ESG elements, Chinese policymakers are today faced with a historic opportunity in moving the country toward a more sustainable growth model. As is the case in many countries around the world, the depth and the speed of the economic contraction brought on by the pandemic-related lockdown has meant that kick-starting growth and preserving jobs have been the main concerns of Chinese policymakers in recent months, with more stimulus flowing into areas like infrastructure investment. In fact, as we consider the overall mix within the country, we are seeing brighter prospects for new economy areas like e-commerce and biotech.