Core Viewpoint - Huzhou is leveraging green finance to support sustainable development and environmental protection, transforming its economy while addressing industrial pollution issues [1][2][3] Group 1: Green Finance Initiatives - Huzhou has established itself as a national pilot zone for green finance reform, implementing 28 green finance standards and creating over 150 green financial products [3] - The city has seen an average annual growth rate of over 40% in green credit balance from 2017 to 2024, with green credit accounting for over 33% of total credit, significantly higher than the national average [3] - Huzhou's green finance practices have been recognized as typical cases by the G20 Sustainable Finance Working Group [3] Group 2: Company Case Study - Zhejiang Mingjing Environmental Technology Group, founded by Wu Jian, has become a key player in hazardous waste disposal and resource recycling, with an annual hazardous waste disposal capacity of 186,800 tons [2] - The company received 140 million yuan in credit support from Huzhou Bank, which facilitated the construction of a facility capable of processing 90,000 tons of hazardous waste annually [2] - Over 90% of the hazardous waste processed by the company is converted into energy and recycled products, leading to a 15% reduction in electricity consumption and a 20% decrease in disposal costs [2] Group 3: Policy Support for Low-Carbon Transition - In 2022, Huzhou initiated a transformation finance reform, becoming the only pilot for such reforms in the province, with a focus on supporting low-carbon transitions in eight high-energy-consuming industries [4] - The city has developed a regional support directory for transformation finance, granting 59 billion yuan in credit to 317 transformation enterprises and projects [4] - Huzhou has implemented 31 policies to support low-carbon transition, including loan subsidies and special support for financial institutions [4]
（活力中国调研行）浙江湖州：金融“含绿量” 持续赋能绿色发展“含金量”
Zhong Guo Xin Wen Wang·2025-08-07 18:13