Wu said financial institutions have been acknowledged as playing a vital role in driving sustainable development and the low-carbon transformation of economies.

CICC is committed to building a sustainable future through international cooperation and using China's experience to aid the global development of sustainable finance, he said.

"As a full-service investment bank, CICC is leveraging professional know-how across research, investment banking and asset management to contribute to sustainable development."

He pointed out that over the past three years, his firm closed green-related equity and debt financings of over 1.4 trillion yuan ($195.8 billion).

He said the AFF event was timely as the world faces a complex international situation, and there is more need than ever for discussion on key issues, multilateral exchanges and understanding.

"There are a lot of challenges in the market in the short term, as there is a lack of investor confidence caused by complex factors," Wu said.

As a long-term partner of AFF for the twelfth year, CICC continues the engagement by demonstrating its expertise through on-site exhibitions. The firm's experts have shared forward-thinking perspectives and elaborate on its initiatives related to sustainable development, emphasizing the commitment to international cooperation and green finance.