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[BEIJING] China's banking regulator is considering the launch of asset-backed securities (ABS) based on loans to "green" industries, a spokesman said at a press conference in Beijing on Monday.
ABS are securities created by packaging together a pool of underlying assets, typically small loans that are difficult to sell individually.
China is expanding asset securitisation on an unprecedented scale as the government looks to increase liquidity without expanding the money supply.
Ye Yanfei, an official at the China Banking Regulatory Commission (CBRC), did not provide a launch date.
The country's banking regulator started to manage issuance of ABS through a registration system in November, simplifying the process.