The stories are exaggerated but are more or less similar to fragmentary information that I gained personally. 22 Observable and objective criteria include deposits and withdrawals from firms' accounts as well as deposits on housing rent. There also are cases where lenders, not banks, manage the accounts for deposits on housing rent.
It also allows the PBOC to monitor green loans provided by banks as well as other underlying data. Financial technologies, such as Big Data, Artificial Intelligence and Blockchain, are expected to play an increasingly important role in supporting green finance. I am happy to see many FinTech firms attending this virtual event.