Green finance on the rise in Guanshanhu

Guanshanhu district in Guiyang, capital of Southwest China's Guizhou province, has been actively developing green finance to add new impetus to the high-quality development of the real economy.

In 2022, Guanshanhu was designated as a provincial pilot area for green finance.

The Guanshanhu green finance court, established in 2017, has developed an integrated dispute resolution mechanism.

This mechanism prioritizes the filing, trial, and execution of green finance disputes, boosting the confidence of market entities and supporting green finance in the district, thereby promoting the high-quality development of the real economy.

The district emphasizes the development of the financial industry and the construction of a center for green finance institutions. Data shows that since 2022, 50 financial and related enterprises have been introduced, with a total investment of 623 million yuan ($85.39 million).

In addition, the Guanshanhu Fund Town has attracted 34 fund companies.

Meanwhile, the district has assisted local enterprises in applying for provincial-level funds. In 2022, a total of 19 projects were applied for, and two projects received money from the fund.

The Guizhou Guanshanhu Fund Town. [Photo/guanshanhu.gov.cn]