Developing Green Finance to Promote the Development of New Agricultural Business Entities

¹ School of Management, Jiangsu University Zhenjiang, China
² School of Management, Jiangsu University Zhenjiang, China

^* Corresponding author. Email: qmei@ujs.edu.cn

Abstract

The Chinese government is paying attention to the development of new agricultural business entities and improving green finance is a key to achieve the goal of rural revitalization. The study depends on both primary analysis based on semi-structured interviews and secondary analysis obtained from government reports, annual reports, published articles and academic papers to find out what can be learned from the experience in the UK. From analysis, this study found three major lessons that can be learned from the UK’s practice, including to develop a proper green financial regulatory system, to build a more mature market transaction system and to construct a more transparent green information sharing platform. Besides, the commercial banks in China need to deal with four challenges in the process of expanding green finance.