Group 1 - The year marks the 20th anniversary of the "Green Mountains and Clear Water are Gold and Silver Mountains" concept and the 5th anniversary of the "dual carbon" goals, highlighting the importance of green finance in China's economic transformation [1] - Huzhou has established a green finance capability construction base, collaborating with 10 banks including the National Development Bank and the Agricultural Development Bank of China, to enhance green finance initiatives [1] - Since becoming one of the first national pilot zones for green finance reform in 2017, Huzhou has developed a "six-work system" for green finance, achieving 74 innovative pilot results and an annual growth rate of 41% in green credit [1] Group 2 - China has become the world's largest green finance market, with green loan balances increasing from less than 6 trillion yuan to 36.6 trillion yuan by the end of 2024, reflecting a growth rate of 21.7% year-on-year [2] - The issuance of green bonds has reached nearly 1 trillion yuan annually, with total green investment and financing exceeding 5 trillion yuan each year [2] - A variety of financial products, including green bonds and green insurance, are emerging, with innovative offerings like "carbon effect loans" and "zero-carbon car insurance" being introduced in Huzhou [2] Group 3 - The People's Bank of China aims to enhance the connection between green finance and transformation finance, promoting financial support for biodiversity protection and deepening international cooperation in green finance [3] - Huzhou's experience in green finance reform is being replicated in various regions and countries, demonstrating its effectiveness in guiding financial resources towards green industries and projects [3] - Deepening green finance reform is crucial for promoting economic green transformation, improving financial service capabilities, and providing practical experience for international cooperation [3]
金融改革向“绿”行成果丰 中国已成全球最大绿色金融市场
Zheng Quan Ri Bao Wang·2025-07-07 02:45