Forestry Equity Exchange, a trading platform of forestry rights and resources in the country, was set up in Beijing on Monday, the Shanghai Securities News reported.
The state-owned exchange, with a registered capital of RMB 100 million, is part of the Chinese government's effort to facilitate the sustainable development of forestry resources and respond to the global climate exchange.
The exchange will provide a wide range of services such as forestry equity information enquiry, custody, assets assessment, and financing, etc, which are expected to help build a transparent and just trading mechanism in the forestry industry.
