China Green Bond Market Opening to Foreign Issuers (2026)
Published: March 15, 2026
Executive Summary
China opened its green bond market to qualified foreign issuers in early 2026, allowing foreign companies and financial institutions to issue yuan-denominated green bonds in China's interbank market. Combined approvals and issuance procedures were streamlined to encourage participation.
Key Points
Qualified foreign companies and financial institutions can now issue green bonds in China's interbank bond market
Proceeds must fund projects on China's Green Bond Endorsed Projects Catalogue (2025 edition)
Streamlined approval: Combined review process replaces previous multi-agency approvals
Foreign issuers benefit from preferential regulatory treatment including simplified disclosure requirements
Strong demand signal: China's green bond market exceeded RMB 1.5 trillion outstanding in 2025
Aligns with China's 2060 carbon neutrality goal and 15th Five-Year Plan green finance priorities