2 1 Shi Ji Jing Ji Bao Dao·2025-08-18 10:30Core Viewpoint - The development of green finance is essential for transforming ecological advantages into economic benefits, aligning with national "dual carbon" goals and promoting sustainable development [1][2][4]. Group 1: Green Finance Development - CITIC Bank Hangzhou Branch has established a robust green finance service system, aiming to support Zhejiang's ecological development and achieve a green transformation [1][2]. - By June 2025, the green loan balance of CITIC Bank Hangzhou Branch is expected to reach nearly 100 billion, with a compound annual growth rate of 39% over the past three years, leading the CITIC system [1][3]. - The branch has created a benchmark for green finance development within the CITIC Bank system, with its Huzhou branch being the first to be designated as a green finance demonstration branch [1][3]. Group 2: Strategic Framework and Implementation - The branch has formed a special working group for green finance, establishing a management system that aligns with the overall strategy for green finance development [2]. - A comprehensive action plan has been developed, consisting of 15 measures to promote green finance business and improve supporting policies, ensuring effective implementation [2][3]. Group 3: Performance and Incentives - The branch has integrated green finance into its performance assessment, setting growth targets for green loans to stimulate business expansion [3]. - It has achieved continuous growth, exceeding targets for three consecutive years, with green credit covering all six major green industries in Zhejiang [3][5]. Group 4: Innovative Financing Models - CITIC Bank Hangzhou Branch has introduced innovative financing models for rural green development, supporting 136 projects with over 30 billion in credit [5]. - The branch has developed products like "ESG Green Efficiency Loans" to support traditional manufacturing's green upgrades and align with regional modernization efforts [5][6]. Group 5: Collaborative Ecosystem - Leveraging the synergy between finance and industry, the branch provides comprehensive green services, including capital market services and carbon reduction solutions [6]. - The branch's multi-layered green finance product system meets diverse market needs, encompassing loans, bonds, and personal green finance products [5][6].