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"China will push for the growth of the global green-bond market as population growth and urbanization will create demand for environmental solutions," BoA Merrill Lynch's thematic investing strategist Ma Beijia said at a news conference recently.

"Compared with previous measures, the new round of development will be characteristic with more permission granted to the Pudong new area government in economic regulations, administrative approval, planning and governance," said Ma.

"Chinese had to learn nuclear knowledge from abroad back in the 1950s, and then we were able to make our own findings and developed our own technologies," Zhang said.

"Climate change is driving this problem to a place where you simply can't deal with it," he said

"Companies' willingness to issue debentures is stronger now as liquidity is fairly ample, which has driven financing costs down," said Su Li, chief bond analyst with Beijing-based Golden Credit Rating International.