Zhong Guo Jin Rong Xin Xi Wang·2025-12-16 07:28Core Viewpoint - The successful implementation of the first green foreign debt pilot business by Bank of Communications in Zhejiang Province marks a significant step in translating green foreign debt policies into practice, providing local enterprises with new financing channels and reducing cross-border financing costs [1][2]. Group 1: Policy Implementation - The green foreign debt pilot policy in Zhejiang Province was officially introduced in December this year, leading to the rapid establishment of a joint service team by Bank of Communications to support enterprises [1]. - The team includes marketing and professional support, with proactive engagement from customer managers to meet enterprise needs and in-depth research on policy details by the international business team [1]. Group 2: Company Profile - The borrowing enterprise, Zhejiang Kaisi Technology Development Co., Ltd., established in 2008, focuses on the research, production, and sales of cosmetic raw materials and is recognized as a national high-tech enterprise [1]. - The company is also classified as a green specialized enterprise and is committed to low-carbon transformation through technology upgrades and energy efficiency improvements [1]. Group 3: Project Details - The green foreign debt of $1.5 million will be specifically used for energy-saving upgrades and process optimization of production equipment, further reducing carbon emissions [2]. - The successful registration of this green foreign debt is a key outcome of collaboration among banks, enterprises, and government, creating a replicable and scalable service model [2].