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"Central SOEs, however, have been doing a good job in environmental protection sectors," said Zhong.

"China has launched an ambitious initiative to develop a vibrant green finance sector in a short period, and its efforts are driving change at home and abroad as countries seek innovative means to finance their own efforts in green development and to mitigate climate change," Lehr said.

"China is not the enemy," Jeffrey Sachs, a professor at Columbia University, wrote in an opinion column published by CNN. "It is a nation trying to raise its living standards through education, international trade, infrastructure investment and improved technologies.

"Canada has highly developed science and technology for sustainable mining, a robust financial system and easily accessible legal, financial and intermediary services, all of which makes potential investors feel welcome and confident," said Victor Oh, a Canadian legislator.

"China has become the largest producer globally of electricity from bioenergy, and with major new initiatives across heat, electricity and transport, the country is anticipated to provide almost a fifth of global bioenergy growth by 2023," he said.