China has proposed five pilot zones with the aim of promoting a " green energy " industry that will reduce the country 's war on air pollution , according to a statement issued by the central bank . The zones will be located in Guizhou , Jiangxi , Guangdong , Zhejiang and Zinjiang and will be given incentives to provide funding and credit to environmentally - friendly businesses . It has been estimated that China needs as much as 2020 ( $ 590bn ) to meet its environmental targets , with the government expected to provide 10 % to 15 % of the funding .
China has created five pilot zones with the aim of promoting a "green finance" industry that will bankroll the country's war on air pollution, according to a statement issued by the central bank. The zones will be located in Guizhou, Jiangxi, Guangdong, Zhejiang and Zinjiang and will be given incentives to provide funding and credit to environmentally-friendly businesses. It has been estimated that China needs as much as CNY4tn ($590bn) to meet its environmental targets, with the government expected to provide 10% to 15% of the funding.