CHENGDU, Jan. 11 (NBD) -- Funds management industry should base on investment value and establish a sense of green investment, said Hong Lei, president of Asset Management Association of China (AMAC).

Hong said, the theme of green investment should be adopted into investment tools and strategies. Correspondingly, green investment products will be allocated in to the wealth management of investors.

According to Hong, green investment is not public welfare nor charitable activity, but a long-term investment activity of value. Green investment provides long-term capital for sustainable economic development and continuously improves economic fundamentals so as to share fruits of economic development and create value for investors.

As of Dec. 30, 2016, capital under the management of the AMAC reached 51.65 trillion yuan (7.46 trillion US dollars), up 39% year on year.

Email: gaohan@nbd.com.cn