China-Europe Qingdao Forum on Sustainable Development and 2022 International Health and Environment Industry Development Forum Held in Beijing

In addition, the Green Model of the China-Europe Rural Revitalization Initiative was officially rolled out at the opening ceremony. Built upon the abundant ecological, industrial and cultural resources of Qingdao West Coast New Area, the project will provide a new China-Europe cooperation model for integrating energy transformation, industrial transformation, ecological restoration and green finance, in a move to realize sustainable development in the areas of industry, agriculture, culture, and water utilization, while serving as a demonstration project for the cooperation between China and Europe on green rural revitalization.

In addition, the Green Model of the China-Europe Rural Revitalization Initiative was officially rolled out at the opening ceremony. Built upon the abundant ecological, industrial and cultural resources of Qingdao West Coast New Area, the project will provide a new China-Europe cooperation model for integrating energy transformation, industrial transformation, ecological restoration and green finance, in a move to realize sustainable development in the areas of industry, agriculture, culture, and water utilization, while serving as a demonstration project for the cooperation between China and Europe on green rural revitalization.

At the event, an advisory board for collaboration between China and Europe to develop environment- and climate-related industries was formally established. The board is composed of some of the world's leading academicians and experts in energy, environment, climate and economy. It will provide guidance both on academic research as well as industrial and sustainable development for the China-Europe Environment and Climate Qingdao Forum, the International Sustainable Development Innovation Center and the China-Europe Environment and Climate Industries Cooperation Zone.

During the forum, China and the EU achieved productive cooperation results. Qingdao West Coast New Area initiated environmental cooperation projects with the IHEIA, Chongwa (Macao) Financial Assets Exchange Co., Ltd. and Shandong Future Group Co., Ltd., while the Bank of Qingdao signed a memorandum of cooperation with the World Bank's International Finance Corporation (IFC) to jointly promote green and sustainable financial development, giving a strong boost to the city's green economic development. In addition, experts at the conference delivered keynote speeches and attended roundtable dialogues at which they discussed carbon peaking and carbon neutrality, green development, green finance, and China-Europe green industries cooperation.

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