Core Viewpoint - The 20th China Economic Forum highlighted two financial innovation cases from China National Petroleum Corporation (CNPC) and Kunlun Insurance Brokerage, showcasing their contributions to green finance and carbon capture technology [1][9]. Group 1: Event Overview - The 20th China Economic Forum was held on November 18 in Nansha, Guangzhou, focusing on "Chinese-style modernization and the economic outlook for the 15th Five-Year Plan" [1]. - The forum attracted over 200 representatives from government, listed companies, financial institutions, and industry experts to discuss topics such as technological innovation policies and financial empowerment for scientific innovation [1]. Group 2: Climate Fund and MOFs Technology - The "Climate Fund based on MOFs materials for gas separation technology" was recognized as a significant case, involving Beijing Blue Shell Clean Energy Technology Co., Ltd., which was invested in by CNPC's OGCI Kunlun Climate Investment Fund in 2023 [2]. - Blue Shell Clean Energy has established the first domestic MOFs carbon capture and utilization facility, achieving a cumulative processing of 32 million cubic meters of associated gas by September 2025 [4]. - The project has successfully captured CO2 with an energy consumption of ≤1.0 GJ per ton, demonstrating effective carbon capture and methane recovery [4]. Group 3: Kunlun Insurance Brokerage's CCUS Insurance - Kunlun Insurance Brokerage introduced a CCUS carbon asset loss insurance to mitigate risks associated with CCUS projects, supporting enterprises in achieving carbon reduction goals [6]. - The first CCUS carbon asset insurance in the oil and petrochemical industry was successfully underwritten for Jilin Oilfield, with an insurance amount of 1.5 million yuan, marking a significant innovation in the sector [8]. - The successful implementation of this insurance product lays a foundation for promoting CCUS insurance products across the oil and petrochemical industry [8]. Group 4: Future Implications - The two recognized green financial innovations will serve as important vehicles for national financial innovation achievements, targeting government departments, regulatory bodies, financial institutions, and mainstream media for dissemination [9].

Core Insights - The financial support for mining enterprises in the Hotan region is significantly increasing, with green mining loans reaching 2.25 billion yuan, a year-on-year growth of 102.64% [1] - The integration of solar energy into mining operations has led to over 80% of production electricity coming from solar sources, reducing costs and aligning with green development goals [2] - The digital transformation of traditional mining operations is being facilitated by financial institutions, with AI technology achieving over 98% sorting accuracy in ore selection [3] - Technological upgrades in mining operations are resulting in a reduction of carbon emissions by approximately 12,000 tons annually, with over 90% removal rate of heavy metal pollutants [4] Financial Support and Green Initiatives - The People's Bank of China in Hotan is actively guiding financial institutions to enhance support for mining enterprises, with green loans making up 12.56% of the total green finance loans in the region [1] - The region's photovoltaic-related loan balance has reached 6.546 billion yuan, reflecting a year-on-year increase of 56.73%, facilitating the widespread application of solar energy in mining [2] Digital Transformation - The implementation of AI and smart control systems in the Huoshao Cloud lead-zinc mine has doubled the average annual lead ingot output per person to 400 tons compared to the industry average [3] - The China Bank in Hotan has invested 420 million yuan in the digital factory construction, with total credit support from local banks reaching approximately 4 billion yuan [3] Environmental Impact and Technological Upgrades - Financial institutions are providing targeted loans of 700 million yuan to support environmental upgrades in mining operations, including waste heat power generation and wastewater treatment [4] - The mining operations have achieved significant improvements in waste, water, and air treatment, surpassing traditional smelting plants in both economic and ecological benefits [4]

Core Viewpoint - The financial sector in Xinyang is actively supporting the revitalization of the revolutionary old area through innovative financial products and services, focusing on agriculture, green finance, technology, and cultural tourism [1][2][3][4][5][6][7] Group 1: Agricultural Support - The Agricultural Bank provided a timely loan of 2 million yuan to a tea farmer, enabling early production of tea, highlighting the importance of financial support for local agriculture [2] - By May 2025, the total balance of inclusive loans in Xinyang reached 69.14 billion yuan, with an increase of 4.34 billion yuan since the beginning of the year [2] Group 2: Green Finance Initiatives - The People's Bank of China Xinyang Branch has issued 6.88 billion yuan in preferential loans to support green projects, leading the province in scale [3] - By March 2025, the balance of green loans in Xinyang reached 32.214 billion yuan, reflecting a year-on-year growth of 21% [3] Group 3: Technological Financial Support - The Xinyang Branch of the People's Bank has implemented a technology finance work plan, focusing on expanding scale and optimizing services, resulting in a technology loan balance exceeding 25 billion yuan by May 2025, with a growth of 10.2% since the beginning of the year [5] - Loans to technology-based SMEs reached 3.86 billion yuan, showing a significant increase of 30.1% [5] Group 4: Cultural and Tourism Development - The Xinyang financial institutions are promoting red tourism and rural study through innovative products like "Red Tourism Loan" and "Red City Study Loan," with a total loan balance for related industries reaching 2.47 billion yuan by June 2025 [6] - The integration of finance, technology, and education at the Dabie Mountain Cadre Academy exemplifies the digital transformation in red education [6] Group 5: Overall Impact - The financial initiatives in Xinyang are transforming the local economy, enhancing agricultural productivity, promoting green projects, supporting technological innovation, and fostering cultural tourism, reflecting the enduring spirit of the anti-Japanese war and the revitalization of the old revolutionary area [7]

推进绿色服务创新，畅通绿色企业融资渠道。中国人民银行日喀则市分行大力推进绿色金融产品和服务 创新，持续深化政银企合作长效机制，组织辖内各银行机构先后召开14场"一月一主题"政银企融资会， 共为16家中小微企业提供5900万元绿色信贷资金。同时，中国人民银行日喀则市分行结合辖区绿色产业 规划，强化与相关行业部门的沟通协调和信息交流，形成重点产业信贷服务需求清单，组织银行机构据 此清单开展专项对接，完成了川藏铁路、萨迦县风光储一体化项目等重点绿色产业项目的融资对接工 作，完成信贷资金投放21.8亿元。 丰富绿色金融工具，助力绿色金融产品日趋丰富。中国人民银行日喀则市分行按照绿色金融"一地一 品""一行一策"原则，积极推动绿色普惠融合发展。引导农业银行日喀则市分行从基础能力、绿色包 装、场所设计、节能降耗等方面制定实施方案，通过采取营业大厅使用无碳材料装饰、卫生间使用水循 环功能等节能减排举措，完成桑珠孜城西分理处绿色网点验收工作。与此同时，该行通过试点"绿色积 分"模式，为江孜县班觉伦布村农户提供绿色通道专项金融服务，优先办理农户信息建档、"四卡"贷款 证申请及升级、贷款审批发放等业务。截至9月末，共为28户农户 ...

Core Viewpoint - Qingyin Wealth Management has successfully navigated its first five years by adhering to the principles of the Asset Management New Regulations, focusing on value creation rather than mere scale expansion, and aligning its strategies with the evolving needs of investors and the broader economy [1][2][9] Group 1: Company Development and Strategy - Qingyin Wealth Management was established as the first city commercial bank wealth management subsidiary in Northern China and the sixth nationwide, responding to market demands and the strategic transformation of its parent company, Qingdao Bank [1] - The company has transitioned from a focus on "scale expansion" to "value creation," emphasizing high-quality development and collaboration with its parent bank to enhance wealth management services [2][9] - Over five years, Qingyin Wealth Management has issued 2,820 products, raising a total of 25,283.59 billion yuan and generating 536.40 billion yuan in returns for clients [3] Group 2: Product Innovation - The product offerings have evolved from "single fixed income" to a diversified portfolio, including cash management, fixed income, "fixed income plus," and equity products, catering to the wealth upgrade needs of residents [4] - The "fixed income plus" products have been a strategic focus, achieving an average annualized return of 3.68% over a specific period, outperforming the market average by 69 basis points [4] - The company has launched the "Tianyuan series" of fixed income products aimed at retirement finance, raising over 6.9 billion yuan, with a focus on high-quality bonds and non-standard assets [4][5] Group 3: Service to the Real Economy - Qingyin Wealth Management positions itself as a strategic partner to the real economy, channeling funds into national strategic areas and supporting green finance initiatives [5][6] - The company has pioneered the issuance of carbon-neutral and ESG-themed products, aligning with national goals for sustainable development [5][6] Group 4: Technological Empowerment - The company has implemented a three-step strategy for digital transformation, focusing on online investment trading, data-driven operations, and intelligent management decision-making [7] - Qingyin Wealth Management has developed a proprietary investment trading platform and a big data management system to enhance investment efficiency and risk control [7][8] - The integration of AI technology into research and decision-making processes is being advanced through the development of an intelligent investment research platform [8] Group 5: Future Outlook - The company aims to transition from being a participant in the financial industry to becoming a key institutional investor, driven by policy support, capital market participation, and product innovation [9] - Qingyin Wealth Management will continue to prioritize high-quality development while maintaining steady growth, focusing on professional capabilities and customer needs [9][10]

Core Viewpoint - Qingyin Wealth Management has successfully transformed from a scale-driven model to a value-driven approach, focusing on high-quality development and aligning with the asset management regulations since its establishment five years ago [3][12]. Group 1: Company Development - Qingyin Wealth Management was established in 2020 as the first wealth management subsidiary of a city commercial bank in Northern China, following the implementation of the "Regulations on Wealth Management Subsidiaries of Commercial Banks" [1]. - The company has adhered to its founding principle of "trust and manage wealth for others," responding to market demands and supporting the strategic transformation of its parent company, Qingdao Bank [1][3]. Group 2: Business Model Transformation - The company has shifted its business model from "scale expansion" to "value creation," emphasizing high-quality development and compliance with asset management regulations [3]. - Qingyin Wealth Management has expanded its distribution channels from 3 to 104, improving product structure and increasing the proportion of products with a maturity of one year or more by over 11 percentage points since the beginning of the year [3][4]. Group 3: Product Innovation - The product offerings have evolved from "single fixed income" to "diversified allocation," creating a product matrix that includes cash management, fixed income, "fixed income +," equity, and thematic products [5]. - The "fixed income +" products have been a strategic focus, with a controlled risk exposure and a dynamic management approach to enhance returns while managing risks [5][6]. Group 4: Commitment to Investors - Over five years, Qingyin Wealth Management has issued 2,820 products, raising a total of 25,283.59 billion yuan and generating 536.40 million yuan in returns for clients [4]. - The company has successfully managed low-volatility products, with 291 products maturing at a scale of 462 billion yuan, achieving returns that meet or exceed performance benchmarks [4]. Group 5: Service to the Real Economy - Qingyin Wealth Management has positioned itself as a strategic partner for the real economy, directing funds towards national strategic areas and supporting green finance initiatives [8]. - The company has launched various themed products, including carbon neutrality and ESG, with a total issuance of 144 products and a fundraising scale exceeding 18.3 billion yuan [8]. Group 6: Technological Empowerment - The company has implemented a three-step strategy for digital transformation, focusing on online investment trading, data-driven operations, and intelligent management decision-making [9]. - Qingyin Wealth Management has developed a proprietary investment trading platform and a big data platform to enhance investment management efficiency and risk control [9][10]. Group 7: Future Outlook - The company aims to transition from a "scale-first" approach to a focus on "high-quality development" during the 14th Five-Year Plan period, becoming a key institutional investor in the asset management industry [12][13]. - Qingyin Wealth Management will continue to innovate products and upgrade services while maintaining a balance between quality and steady growth, reinforcing its operational foundation and risk resilience [12][13].

自1995年中国第一家城市商业银行落子深圳，如今城商行已走过三十年历程。作为民营银行中的数字金 融先锋，近年来，新网银行深耕科技金融、绿色金融、普惠金融、养老金融、数字金融五大领域，以线 上服务触达小微、AI风控筑牢屏障、绿色金融助力"双碳"、适老化服务传递温度，为实体经济注入数字 时代的澎湃动能。 新网银行持续细化科技企业分类，深入挖掘融资需求。针对科创初创企业普遍缺乏抵押物及税务、发票 等标准化数据的特点，提供全线上、无抵押、零接触的数字金融产品，并在标准化产品基础上优化专属 风控模型，精准匹配科创企业融资需求。 绿色金融：数字双碳驱动，协同创新零碳路 绿色金融方面，新网银行以"碳中和银行"为战略锚点，将"双碳"目标深度嵌入发展蓝图。其绿色实践贯 穿自身低碳运营和客户低碳转型双维度，展现了金融与环保和谐共生的新范式。 一方面，新网银行通过数字化技术优化业务流程，降低碳排放。通过购买核证碳减排量，对经营活动产 生的碳排放实施中和处理。另一方面，创新推出"低碳循环贷""绿易融"等数字金融产品，精准匹配再生 资源小微企业的融资需求，助力行业绿色转型。 普惠金融：小微成长春雨，润泽万家创业梦 科技金融：专利转化引 ...

Core Viewpoint - The Central Financial Work Conference has outlined the direction for financial development in the new era, emphasizing the acceleration of building a strong financial nation and the importance of the "Action Plan for Promoting High-Quality Development of Public Funds" as part of the capital market policy framework [1] Group 1: Mission and Service Enhancement - Financial institutions are urged to integrate into the national development framework, focusing on serving the real economy and prioritizing functional roles [1] - There is a call to shift from a focus on scale to a focus on returns, enhancing the investment research system and aligning management fees with investor interests [2] Group 2: Investment and Compliance - The industry is encouraged to enhance equity investment capabilities and develop a comprehensive asset allocation system, promoting long-term and value investment strategies [2] - Compliance and risk management are emphasized, with a focus on internal controls and preventing illegal activities such as insider trading [2] Group 3: Cultural and Institutional Development - The promotion of a strong financial culture is essential for sustainable industry development, with an emphasis on ethical standards and professional capabilities in talent development [2][3] - The goal is to build modern, first-class investment institutions with improved governance and operational efficiency, while fostering a collaborative industry environment [3] Group 4: Strategic Collaboration - Fund managers are encouraged to take a leading role in the industry, while sales institutions must adhere to investor suitability management [3] - The importance of strategic cooperation among various financial entities is highlighted to create a positive and interactive industry landscape [3]

● 本报记者 黄灵灵 深圳创业板和科创板IPO企业数量占同期深圳IPO企业家数逾八成；企业直接融资规模较"十三五"期间 增长超50%；企业累计实现交易所债券融资超2.4万亿元……"十四五"时期，深圳资本市场以其韧性与活 力，交出了一份服务实体经济高质量发展的亮眼答卷。 记者了解到，"十五五"期间，深圳资本市场将聚焦发展新质生产力、进一步深化改革开放、做好金 融"五篇大文章"、强化投资者合法权益保护四方面重点发力，助力深圳建设具有全球重要影响力的产业 金融中心。 服务实体经济成效显著 五年来，深圳资本市场展现了较强的韧性，不仅实现直接融资规模稳步扩容、结构持续优化，更以多元 融资渠道与高效资本配置能力，为实体经济高质量发展注入强劲动力。 "十四五"时期，深圳企业直接融资规模约2.8万亿元，较"十三五"期间增长超50%，融资规模稳居全国大 中城市第三；深圳辖区创业板和科创板IPO企业数量占同期深圳IPO企业家数逾八成；截至目前，深圳 创业板与科创板上市公司数量超200家，在辖区上市公司中占比过半……一系列数据表明，资本市场促 进科技、资本和产业高水平循环的枢纽作用进一步增强。 除IPO外，深圳资本市场通过并购重组 ...

作为中德金融合作的重要参与者，中国工商银行在本届活动中受到特别关注。中国工商银行金融市场部 总经理王海璐表示，工商银行自1999年在法兰克福设立首家亚洲以外海外分行以来，已深耕德国和欧洲 市场26年，服务网络从法兰克福拓展至柏林、慕尼黑、杜塞尔多夫等德国主要城市，在欧洲16国建立综 合机构布局，业务范围延伸至公司金融、金融市场、清算结算等多元领域。 11月17 日，中国工商银行金融市场部总经理王海璐在活动现场发表致辞。 新华社发（张琪 摄） 新华社法兰克福11月18日电（记者 胡尊元）第28届欧元金融周暨第11届"中国日"活动17日在德国金融 中心法兰克福举行。中国工商银行法兰克福分行荣获"法兰克福金融中心杰出贡献奖"。 11月17 日，中国工商银行法兰克福分行荣获"法兰克福金融中心杰出贡献奖"。 新华社发（张琪 摄） 中国驻法兰克福总领事黄昳扬在致辞中表示，在国际环境波动加剧、不稳定性和不确定性显著上升的背 景下，中德关系保持稳健发展，关键在于三点：一是两国在各层级始终保持高度的沟通与相互理解意 愿；二是双方在金融等专业领域合作持续深化；三是双方长期发展理念高度契合，未来可在"创新、开 放、可持续"领域不断 ...