share
 

China rolls out measures to promote green finance

0 Comment(s)Print E-mail Xinhua, October 13, 2024
Adjust font size:

China has unveiled a guideline on the development of green finance, outlining 19 important measures for key areas to promote the building of a beautiful China.

Focusing on key areas such as the green development of key industries and ecological protection and restoration, China will work to create a project library for the building of a beautiful China and effectively improve the precision of financial support, according to the guideline jointly issued by four government agencies, including the People's Bank of China and the Ministry of Ecology and Environment.

The guideline stresses enhancing the capacities of financial institutions to provide green financial services and enriching products and services for the area.

Efforts should be made to increase loan issuance and beef up financing support for green development, the document states.

It also calls for stepping up innovation in green financial products for key links and areas such as regional ecological and environmental protection projects, the development of the carbon market and green consumption.

A coordination mechanism across government agencies will be established to ensure implementation of these measures, the guideline says.


Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter