甘孜州地处青藏高原东南缘、横断山脉东北侧，森林面积达8119.35万亩，居全省之首，全州森林资源 主要分布在白玉、炉霍、雅江等县。然而，部分县域森林蓄积量增长乏力、生物多样性保护压力陡增， 林农增收渠道也受限于森林质量不均、生态功能退化、林区交通不便等。 近年来，中国人民银行甘孜州分行深度践行"森林是水库、钱库、粮库、碳库"重要理念，以"产业协同 促发展、生态经济双提升"为核心思路，通过为林业及关联产业经营主体定制专属金融服务，成功开辟 出生态保护与经济发展协同共进新路径。截至2025年10月末，全州涉林贷款余额已达22.6亿元，同比增 长18.5%，高于各项贷款平均增速7.92个百分点，直接惠及3.8万户林业及关联产业经营主体，绿色金融 赋能森林"四库"发展成效显著。 强化森林修复金融保障 作为全国重要生态功能区，甘孜州以建设生态强州为目标，持续推进森林保护与修复、特色林果业发 展，全力打通生态环境保护与产业协同发展的"任督二脉"。中国人民银行甘孜州分行指导金融机构，针 对林农普遍面临的"缺少抵质押物、贷款难、担保难"问题，创新推出"森林生态贷"，采用"银行+龙头企 业担保+订单质押"模式，实行整村推进、统 ...

Core Viewpoint - Shanxi Tunliu Rural Commercial Bank actively fulfills its social responsibility as the "main bank for rural revitalization," focusing on serving the agricultural sector and exploring new paths for financial services in rural revitalization [1] Group 1: Agricultural Loans and Financial Support - As of mid-October 2025, the bank's agricultural loan balance reached 5.443 billion yuan, with a net increase of 269 million yuan since the beginning of the year [1] - The bank has issued a total of 89.5 million yuan in loans supporting specialty industries, demonstrating a deep integration of finance and local agricultural characteristics [2] - The bank has provided 5.47 million yuan in loans specifically for chili cultivation, supporting local farmers in expanding their operations and improving their income [3] Group 2: Green Economy and Sustainable Development - The bank promotes the development of the "under-forest economy" by focusing on financial support for medicinal herb cultivation, leveraging local ecological resources [4] - It has implemented a targeted financial support model for green agriculture, including various loan products tailored to different stages of production and processing [4] - The bank has facilitated the establishment of a cooperative for colorful chili cultivation, providing 28.5 million yuan in loans to support local farmers and enhance collective income [6] Group 3: Community Engagement and Financial Inclusion - The bank has established a "dual-base" linkage mechanism with grassroots organizations to enhance financial inclusion and support rural revitalization [6] - It has conducted extensive surveys across 175 administrative villages, collecting data on 23,656 households and issuing pre-approval notices totaling 5.12 billion yuan [7] - The bank actively promotes the "one village, one product" strategy to strengthen collective economies, utilizing online platforms to streamline loan processes for farmers [8] Group 4: Success Stories and Impact - Local farmer Zhang Qiang successfully expanded his vegetable greenhouse operations with a 50,000 yuan loan from the bank, showcasing the positive impact of financial support on agricultural productivity [9] - The bank's efforts have led to significant increases in income for farmers, with many reporting enhanced resilience and profitability due to financial assistance [3][9]

站在自家生机盎然的林地里，广东省韶关市翁源县农康生态家庭农场负责人沈仲灯手握一本深绿色的权 证，笑容满面："过去守着'绿色银行'却取不出钱，现在这'林业经营收益权证'就是咱林农的'信用 卡'！"不久前，他凭此证顺利从翁源农商银行获得100万元授信。这笔资金让他大胆扩种苗木、试种中 药材，发展林下经济，思路一下子打开了。 沈仲灯的经历，是韶关市破解林业"资源变资产难、融资难、价值变现难"困境的生动缩影。作为粤北生 态屏障和广东重点林区，韶关森林覆盖率高达74.59%，但满目青山如何转化为发展动能？在中国人民 银行广东省分行指导下，中国人民银行韶关市分行推动全市金融机构以金融"五篇大文章"为战略工具 箱，创新构建"三级联动"服务模式，一步步激活这座巨大的"绿色宝库"。 确权破冰 一纸证书唤醒万重山 融资难，首先难在确权难。林子在那里，但它的经营收益权如何量化、如何抵押，过去没有路径。破局 始于前端确权——2025年3月，韶关在全省率先探索，推动翁源县颁发首批5张林业经营收益权证。这背 后，是数字金融提供的坚实支撑：利用动产融资统一登记公示系统，林业收益权信息得以在线登记、公 示与核验，实现了产权信息的透明化和可信 ...

中国人民银行宿迁市分行还单列47亿元支农支小再贷款专用额度，指导法人金融机构推出"再贷款+花 木贷""再贷款+绿企贷"等特色信贷产品，有效满足乡村绿色发展融资需求，在推动产业振兴的同时推动 生态振兴。2025年以来，法人金融机构已运用"再贷款+"特色产品撬动发放乡村振兴重点领域贷款177.6 亿元，其中绿色生态领域贷款27亿元，占比15%。 近年来，中国人民银行宿迁市分行聚焦绿色发展、乡村全面振兴，立足生态禀赋，不断优化绿色金融与 乡村振兴融合发展机制，推进乡村产业生态化和生态产业化。截至2025年10月末，全市涉农贷款余额达 2879.2亿元，占各项贷款38%，占比居全省第一。截至2025年9月末，全市绿色贷款余额达1390.1亿元， 同比增长44%，高于各项贷款增速34个百分点。 为构建有利于乡村振兴和小微企业绿色低碳转型的政策支持体系，中国人民银行宿迁市分行精心做好顶 层设计，出台《做好金融"五篇大文章"助力宿迁经济高质量发展行动方案》，组织实施绿色金融示范引 领行动和普惠金融深化巩固行动，引导金融机构加大绿色低碳、乡村振兴等重点领域金融支持力度， 为"双碳"目标下的农业农村现代化注入核心动能。开展金融 ...

冬季的青海高原，寒风掠过塔拉滩，再没有了漫天沙尘。极目远眺，光伏产业园内成千上万块蓝色光伏 板在阳光下熠熠生辉，如一片无垠的蓝色海洋绵延向天际；光伏板下，成群的藏羊低头觅食，牧民赶着 羊群穿梭其间，脸上洋溢着满足的笑意。 谁能想到，这片土地10年前还是"风吹石头跑，地上不长草"的半荒漠地带，如今已是生机盎然。蓝色的 光伏板、绿色的草和白色的羊群组成了一道亮丽的风景线，让塔拉滩变成了名副其实的"牧光之城"。 从荒漠到绿洲，从单一发电到"板上发电、板下牧羊"的循环发展，塔拉滩的生态奇迹背后，不仅有"水 光互补、牧光共生"模式的创新驱动，更离不开金融活水的持续滋养。"十四五"以来，中国人民银行青 海省分行重点发展绿色金融，持续加大对绿色低碳领域的支持力度，累计落地碳减排支持工具资金 420.4亿元，支持金融机构发放碳减排贷款700.6亿元，引导金融机构推出100余种绿色低碳相关信贷产品 和服务。近日，《金融时报》记者深入青海海南州共和县塔拉滩的光伏产业园，探寻这片土地的蝶变密 码与金融赋能之道。 向阳而生："蓝色海洋"造就"生态奇迹" 走进塔拉滩光伏产业园，生态蝶变的印记随处可见，而这一切的起点，要从10年前的水光 ...

2026年01月06日 国泰君安期货商品研究晨报-绿色金融与新能源 观点与策略 | 镍：现实压力背负与周期转变叙事博弈，宽幅震荡 | 2 | | --- | --- | | 不锈钢：现实基本面拖累，盘面博弈印尼政策为主 | 2 | | 碳酸锂：供给收缩担忧叠加需求向好预期，价格重心上移 | 4 | | 工业硅：基本面弱势格局 | 6 | | 多晶硅：高位震荡，关注消息面影响 | 6 | 国 泰 君 安 期 货 研 究 所 请务必阅读正文之后的免责条款部分 1 不锈钢：现实基本面拖累，盘面博弈印尼政策为主 张再宇 投资咨询从业资格号：Z0021479 zhangzaiyu@gtht.com 【基本面跟踪】 镍基本面数据 | | | 指标名称 | T | T-1 | T-5 | T-10 | T-22 | T-66 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 沪镍主力（收盘价） | 134,100 | 1,250 | 8,690 | 20,160 | 16,050 | 13,200 | | 期 | | 不锈钢主力（收盘价） | 1 ...

Group 1 - The core viewpoint of the articles highlights the significant progress made by Shaanxi in addressing climate change through policy development, carbon market construction, and carbon footprint management since the beginning of the 14th Five-Year Plan [1][2] Group 2 - Shaanxi has established a preliminary carbon footprint management system focusing on key industries such as energy chemicals, new energy vehicles, and specialty agriculture, conducting carbon footprint accounting studies for products like coal-based olefins and apples [1] - The province has been recognized with several accolades, including the selection of Xixian New Area, Shangluo City, and Tongchuan City as national climate-adaptive cities, and Xi'an as a national pilot city for pollution reduction and carbon reduction collaboration [1] - Financial support for green development has been emphasized, with Xixian New Area providing 12.7 billion yuan in financing to enterprises and facilitating carbon emission rights collateral loans to enhance corporate engagement in energy-saving and carbon reduction [2] - The province is advancing the control of non-CO2 greenhouse gas emissions, particularly methane, and is supporting demonstration projects for methane utilization in coal mines [2] - Future initiatives for the 15th Five-Year Plan will focus on high-quality participation in the national carbon market, promoting pollution reduction and carbon reduction efforts, and enhancing product carbon footprint management [2]

2025年，是中国金融业深化改革、稳中求进的关键之年。作为甘肃省唯一法人券商，华龙证券在服务区 域经济发展、拥抱资本市场变革中留下了坚实的足迹。这一年，公司经历了重要的领导层交接，在"十 四五"收官与"十五五"谋划之际，实现承前启后的过渡，迎来了新任掌门人。近日，华龙证券股份有限 公司党委书记、董事长王锡真接受了中国证券报记者的专访，深入阐述了公司"深耕甘肃、立足西北、 放眼全国"的战略思考与"行稳致远"的经营哲学。 文化的最终落脚点是"人"。华龙证券通过系列论坛、精准培训和完善的"引育用留"人才链条，不仅打造 一支政治素质过硬、本领高强的队伍，更营造一种"家文化"般的归属感与责任感。"只有当每位员工都 认同'诚信为本、服务至上'的核心价值观，并对其感到自豪时，我们传递给客户的才不仅仅是产品，更 是值得托付的信任。"王锡真表示。 做好金融"五篇大文章" 谈及未来华龙证券的发展战略，王锡真的思路清晰而坚定。他用"聚焦"二字概括了新班子的工作方向， 即聚焦主责主业、聚焦目标任务、聚焦深化改革。而这一切的最终目标，就是扎实做好中央金融工作会 议部署的科技金融、绿色金融、普惠金融、养老金融、数字金融这"五篇大文章"。 ...

● 本报记者 何昱璞 2025年，是中国金融业深化改革、稳中求进的关键之年。作为甘肃省唯一法人券商，华龙证券在服务区 域经济发展、拥抱资本市场变革中留下了坚实的足迹。这一年，公司经历了重要的领导层交接，在"十 四五"收官与"十五五"谋划之际，实现承前启后的过渡，迎来了新任掌门人。近日，华龙证券股份有限 公司党委书记、董事长王锡真接受了中国证券报记者的专访，深入阐述了公司"深耕甘肃、立足西北、 放眼全国"的战略思考与"行稳致远"的经营哲学。 厚植中国特色金融文化根基 华龙证券的股权结构清晰地界定了其发展起点：国有股占比61.18%，是甘肃省属国有金融企业。"我们 是'甘肃人民自己的券商'。"王锡真表示，"这不仅仅是一个市场身份，更是一份责任担当。" 色转型的"生态引擎"。在普惠金融方面，公司不仅通过创新债券工具缓解中小微企业融资难题，更将投 资者教育的课堂开到乡村集市，采用"乡村大喇叭"等接地气的方式，让金融知识惠及民生。 这种责任感，源于对金融功能性的重新认识。在他看来，新时期的金融机构，尤其是植根地方的券商， 必须强化服务实体经济、赋能区域发展的功能。华龙证券提出"深耕甘肃、立足西北、放眼全国"的战略 布局 ...

Core Viewpoint - The State Administration of Foreign Exchange (SAFE) in Beijing has launched a pilot policy for green foreign debt to support the development of green finance, with the Beijing region being one of the first to implement this initiative [1][2]. Group 1: Policy Implementation - The pilot policy aims to facilitate non-financial enterprises in borrowing foreign debt for green or low-carbon transformation projects [1]. - On the first day of the policy's effectiveness, local banks successfully registered green foreign debt contracts for four enterprises, with a total signing amount exceeding 60 million RMB, targeting sectors such as photovoltaic, green intelligent transportation systems, and information technology [1]. Group 2: Market Engagement - SAFE in Beijing has actively promoted the implementation of the pilot policy by conducting market research and identifying the current status of green financing [1]. - The agency organized bank seminars to explain the policy and guide banks in facilitating cooperation with enterprises, enhancing the understanding and utilization of the new green finance policy [2]. Group 3: Future Directions - SAFE in Beijing plans to continuously improve the operational mechanism of the green foreign debt pilot, track the implementation effects, and strengthen policy promotion and guidance [2]. - The goal is to widely release the benefits of the pilot policy and contribute to the high-quality development of the real economy [2].