12月12日金融一线消息，杭州银行今日发布公告称，经相关监管机构批准，该行于近日在全国银行间债 券市场成功发行"杭州银行股份有限公司2025年绿色金融债券"（以下简称"本期债券"）。 本期债券于2025年12月10日簿记建档，并于2025年12月12日发行完毕，发行规模为人民币50亿元，其中 品种一为3年期固定利率债券，发行规模为40亿元，票面利率为1.78%；品种二为3年期浮动利率债券， 发行规模为10亿元，首个利率重置期票面利率为1.83%，固定利差0.35%。本期债券的募集资金将依据 适用法律和监管部门的批准，用于《绿色金融支持项目目录（2025年版）》规定的绿色产业项目。 责任编辑：曹睿潼 责任编辑：曹睿潼 12月12日金融一线消息，杭州银行今日发布公告称，经相关监管机构批准，该行于近日在全国银行间债 券市场成功发行"杭州银行股份有限公司2025年绿色金融债券"（以下简称"本期债券"）。 本期债券于2025年12月10日簿记建档，并于2025年12月12日发行完毕，发行规模为人民币50亿元，其中 品种一为3年期固定利率债券，发行规模为40亿元，票面利率为1.78%；品种二为3年期浮动利率债券， 发行规 ...

"发挥绿色工厂在制造业绿色低碳转型中的基础性和导向性作用，实施绿色工厂提质扩面计划，计划到 2030年，国家、省、市各级绿色工厂产值占比提高到40%。制定绿色工厂梯度培育管理办法，优化评价 指标体系。引导绿色工厂深挖节能降碳潜力，培育一批零碳工厂。"王鹏介绍。 编辑 岳彩周 截至目前，国家层面已经累计培育6430家绿色工厂、491家绿色工业园区、727家绿色供应链，推广超4 万种绿色产品。其中，绿色工厂产值占制造业总产值比重从2020年的9%提高到20%，绿色工业园区单 位工业增加值能耗、水耗仅为全国平均水平的2/3和1/4，固废平均处置利用率超过95%，带动区域绿色 转型作用持续显现。 王鹏表示，今年修订的《绿色工厂评价通则》，聚焦绿色工厂的能源低碳化、资源高效化、生产洁净 化、产品绿色化、用地集约化等5个主要方面，通过科学的"尺子"量出真正的"含绿量"，再通过金融工 具将"含绿量"转化为"融资易"和"成本低"的实实在在的好处，从而激励绿色工厂不断提高"含绿量"。 中国人民银行信贷市场司副司长余剑提到，近5年，绿色贷款持续保持20%以上较高增速。截至2025年3 季度末，绿色贷款余额43.51万亿元，同比增 ...

Core Insights - The Ministry of Industry and Information Technology (MIIT) and the People's Bank of China have issued a notice to support the construction of green factories through green finance policies, focusing on projects that implement green low-carbon technologies as outlined in the "Green Finance Support Project Directory (2025 Edition)" [2] Group 1: Green Factory Construction - The initiative emphasizes accelerating the construction of green factories, aiming for the output value of green factories at national, provincial, and municipal levels to reach 40% by 2030 [3] - A gradient cultivation management approach for green factories will be established, optimizing the evaluation index system to enhance energy-saving and carbon-reduction potential [3] - The plan includes fostering a number of zero-carbon factories as part of the green factory development strategy [3] Group 2: Green Supply Chain Development - The initiative promotes the development of green supply chains, encouraging large enterprises to lead the transition through green procurement policies that increase the proportion of green factories among suppliers [3] - Services such as green diagnostics and supply chain finance will be provided to facilitate the green low-carbon transformation of upstream and downstream suppliers [3] - The exploration of carbon footprint management models within supply chains is encouraged, promoting data sharing on carbon emissions among enterprises [3] Group 3: Green Industrial Park Development - A plan for enhancing green industrial parks is to be implemented, focusing on the green transformation of high-tech zones and industrial parks [3] - The establishment of dual control management systems for carbon emissions within parks is supported, alongside the construction of green factories [3] - The initiative aims to cultivate a number of zero-carbon industrial parks as part of the broader green development strategy [3]

Core Insights - The "2025 China Sustainable Investment Development Forum" was held on December 12, organized by Shanghai Jiao Tong University and focused on the integration of technology and sustainable finance to foster a new development model [1][7] - The forum emphasized the need to leverage technological innovation and financial systems to create a resilient, efficient, and inclusive sustainable development paradigm, moving away from traditional pollution-first approaches [2][8] - Key discussions included the role of artificial intelligence in transforming green finance practices and the collaboration between technology and industry to create a sustainable ecosystem [2][9] Group 1: Forum Overview - The forum featured three keynote speeches and two thematic dialogues, gathering decision-makers and thought leaders from policy, technology, finance, and industry to discuss collaborative pathways for sustainable development [1][7] - The theme of the forum was "Technology Integration and New Ecology of Sustainable Development," highlighting the importance of synergy between technology and finance [1][7] Group 2: Keynote Speakers and Insights - Notable speakers included Ma Weihua, former president of China Merchants Bank, and Wang Yanfeng, executive dean of the AI Institute at Shanghai Jiao Tong University, who shared insights on their respective fields [3][9] - The forum also announced the publication of the "Shanghai ESG Development Report and Case Collection," which aims to reflect the current state of ESG development in Shanghai and provide reference examples for other regions [3][9] Group 3: Research Achievements - The Sustainable Investment Research Center at Shanghai Jiao Tong University reported on significant research outcomes, including the "2025 Shanghai ESG Development Report" and studies on biodiversity protection and the impact of generative AI on corporate valuation [4][10] - The center focuses on financial empowerment for low-carbon transitions and green value creation, hosting various exchange activities to gather insights on sustainable investment [4][10] Group 4: Thematic Dialogues - The first dialogue addressed "Technology Innovation: AI Reshaping Green Finance Practices and Boundaries," featuring discussions on compliance and ethical considerations in AI applications within finance [5][11] - The second dialogue focused on "Renewing Ecology: Building a Collaborative Innovation Pathway for Sustainable Development," where industry leaders shared experiences on breaking down barriers and fostering cross-sector cooperation [6][12]

2025年以来，财信人寿紧扣行业发展脉搏，以价值经营为核心，以客户为中心，坚守风险底线，聚焦价 值和服务，在净利润、市场竞争力、投资收益等多方面实现突破性进展，正深度融入地方发展战略，多 维度释放寿险企业的高质量发展活力。 经营实力和市场竞争力双提升 财信人寿2025年盈利表现亮眼，截至三季度末，公司实现净盈利6.73亿元，同比成功由亏转盈，长期盈 利能力的底层支撑持续夯实。 与此同时，财信人寿市场竞争力稳步攀升，2025年三季度末，在57家已披露信息的非上市寿险公司中， 公司总资产排名第29位、净资产排名第27位、保险业务收入排名第26位，净利润排名第17位，其中净利 润较2024年末排名大幅上升 35 位，核心财务指标的跨越式提升，印证了公司经营实力的持续增强，彰 显出稳健的经营底色。 充分发挥"耐心资本"独特优势 2025年，财信人寿充分发挥保险资金规模大、期限长、稳定性强的"耐心资本"独特优势，坚定不移服务 实体经济与国家战略。通过精准的战略布局与专业的投资管理，公司在支持科技创新、绿色转型及盘活 存量资产等多个维度持续发力，为服务湖南"三高四新"战略、践行金融"五篇大文章"提供了生动实践， 并实现了 ...

Core Viewpoint - The People's Bank of China emphasizes the significant growth of green loans and the implementation of supportive policies for green finance to facilitate the transition to a green economy [1][3]. Group 1: Green Loan Growth - Over the past five years, green loans have maintained a growth rate of over 20% [3]. - As of the end of Q3 2025, the balance of green loans reached 43.51 trillion yuan, representing a year-on-year increase of 22.9%, which is 16.4 percentage points higher than the growth rate of all loans [1][3]. Group 2: Policy Framework - The People's Bank of China has established a top-level design to enhance financial support for green low-carbon development and the construction of a beautiful China [1]. - A new "Green Finance Support Project Directory (2025 Edition)" has been released to standardize various green financial products, including loans, bonds, and insurance [1][3]. Group 3: Product and Market Development - Financial institutions are encouraged to increase green credit issuance and innovate products such as Environment-Oriented Development (EOD) loans and sustainability-linked loans [2][6]. - New financing channels for green projects have been developed, including carbon-neutral bonds, transition bonds, and blue bonds [2][6]. Group 4: Incentive Mechanisms - An 800 billion yuan carbon reduction support tool has been established to incentivize financial institutions to support key areas such as clean energy and carbon reduction technologies [2][6]. - A green finance assessment for financial institutions has been implemented, incorporating their performance in green loans, bonds, and product innovation into evaluation metrics [2][6]. Group 5: Achievements in Green Finance - The cumulative issuance of green bonds has reached 4.95 trillion yuan, with a balance of 2.29 trillion yuan, positioning China among the top globally [3][6]. - The carbon reduction support tool has facilitated the issuance of carbon reduction loans totaling 1.38 trillion yuan [3][6].

Core Viewpoint - The article discusses the implementation of green finance policies to support the construction of green factories in China, emphasizing the importance of sustainable development and low-carbon technologies in industrial practices [1][10]. Group 1: Key Support Directions - The focus is on supporting national green factories through the "Green Finance Support Project Directory (2025 Edition)" and related policies, aiming to enhance energy efficiency, resource utilization, and overall green development [2][11]. - Three main categories of investment projects are highlighted: 1. Research and industrial application projects targeting major technological innovations and new product developments in traditional industries [2][11]. 2. Technology transformation and upgrade projects aimed at energy saving, pollution reduction, and the adoption of clean materials [3][12]. 3. Zero-carbon factory construction projects to explore carbon reduction potential [4][13]. Group 2: Strengthening Supply-Demand Connection - Provincial industrial and information departments are tasked with collecting financing needs from green factories through an online platform, ensuring compliance and recommending projects quarterly [5][13]. - The Ministry of Industry and Information Technology will relay financing needs to the People's Bank of China, which will facilitate connections with financial institutions to provide market-based support [5][14]. Group 3: Enhancing Financial Support - Financial institutions are encouraged to develop tailored green finance plans, streamline approval processes, and create incentives for supporting green factory projects [6][14]. - There is a push for increased green credit support, including the development of flexible loan products to meet the specific needs of green factories [7][15]. - Direct financing channels are to be expanded, allowing eligible companies to issue green bonds to raise funds for green factory investments [7][15]. Group 4: Implementation and Organizational Support - Collaboration between various departments is emphasized to ensure effective communication and the establishment of a replicable model for green finance support [8][16]. - Regular updates on policies and financial products related to green factory support will be disseminated to create a conducive environment for sustainable industrial practices [8][16].

Core Viewpoint - The forum focused on the theme of "Vitality and Resilience, Innovation and Empowerment," aiming to respond to contemporary challenges and explore future pathways for development [2]. Group 1: Central Enterprises and Financial Integration - Zhao Zhao, Assistant President of Sinochem Capital, emphasized the importance of central enterprises (SOEs) in integrating industry and finance to empower the real economy, highlighting the need for innovative financial methods [2][3]. - The core of SOEs' financial integration lies in adhering to the service of the real economy, actively responding to national calls, and focusing on five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance [2][3]. Group 2: Characteristics of Financial Licenses - SOEs are prioritizing the cultivation of financial licenses that can empower their main businesses, particularly in areas like industrial funds and financing leasing [2][3]. - The analysis pointed out that SOEs are also considering licenses with fewer restrictions on related transactions and lower capital consumption as important factors in their strategic layout [2][3]. Group 3: Core Competitiveness and Future Directions - Providing differentiated financial services along the industrial chain has become a key strategy for SOEs to build core competitiveness in their financial sectors [3]. - Zhao emphasized the need to prioritize compliance and risk prevention over mere scale, fostering a new pattern of high-quality development [3]. - The future focus for SOEs in financial integration will be on leveraging existing license capabilities and enhancing financial support for major strategies and key areas [3][4]. Group 4: Practical Exploration by Sinochem Capital - Sinochem Capital has engaged in various financial and service sectors, including trust, factoring, industrial funds, business services, and insurance brokerage, through controlling and participating in different entities [3][4]. - The company has established distinctive brands and advantages in areas such as securities services, inclusive finance, supply chain finance, and risk services, supporting the development of core industries like life sciences and petrochemicals [4]. Group 5: Commitment to Quality Development - The path of financial integration for SOEs is fundamentally about maintaining a commitment to political and social responsibilities while serving their primary business roles [4]. - Sinochem Capital and similar SOE platforms will continue to deepen financial collaboration, providing high-quality and empathetic financial services to support the high-quality development of the real economy and improve the lives of households [4].

在支持政策方面，通知提出，健全内部管理机制，支持金融机构制定绿色金融支持绿色工厂工作方 案，建立有效服务绿色工厂建设发展的激励机制。强化绿色信贷支持，鼓励金融机构根据绿色工厂资金 使用特点，合理确定贷款期限、还款周期；强化科技赋能，优化风险评估机制。 新华社北京12月12日电（记者周圆）记者12日从工业和信息化部获悉，工业和信息化部办公厅、中 国人民银行办公厅日前联合印发《关于用好绿色金融政策支持绿色工厂建设的通知》，进一步建立完善 绿色金融支持绿色工厂工作机制。 绿色工厂作为绿色制造的核心单元，其产值占制造业总产值比重超过20%，是实现"双碳"目标的重 要抓手。目前，国家层面已经累计培育6430家绿色工厂。工业和信息化部节能与综合利用司司长王鹏介 绍，通知旨在发挥绿色金融牵引作用，推动金融机构开发支持绿色制造的金融产品，加大对绿色工厂节 能、低碳、节水、环保、资源综合利用等领域的投入。 通知明确了研发和产业化应用项目、技术改造升级项目、零碳工厂建设项目等重点支持方向，主要 内容包括，重点支持传统产业绿色低碳重大工艺革新、"卡脖子"技术、短板装备等攻关和产业化应用项 目；国家绿色工厂深挖降碳潜力，开展零碳工厂 ...

Core Insights - The 13th China Responsible Investment Forum successfully held discussions on global responsible investment trends and ESG investment opportunities, highlighting the importance of sustainable practices in agriculture and finance [1][15][31] Group 1: Event Overview - The forum was co-hosted by the China Green Finance Committee and various international organizations, featuring experts from regulatory, market, academic, and international sectors [1][15] - A parallel forum focused on "Sustainable Agriculture Development and Natural Finance," emphasizing the structural complementary advantages between China and Brazil in the agricultural supply chain [1][4] Group 2: Key Discussions - Discussions highlighted the transition from traditional bulk trade to sustainable supply chains, driven by green finance and multi-stakeholder collaboration [1][4][20] - The World Resources Institute noted that discussions on "natural capital" have evolved to become a core factor influencing funding costs, with a focus on nature-based solutions in climate action [3][19] Group 3: Agricultural Cooperation - China and Brazil's agricultural cooperation is seen as crucial for global food security, facing challenges such as climate change and differing standards [4][20] - The partnership is expected to enhance both countries' positions in global environmental governance and accelerate the implementation of green finance strategies [8][24] Group 4: Financial Tools and Risks - The FAIRR Initiative presented research on natural risks, including water and deforestation risks associated with soybean production, and how these impact investor communications with Chinese companies [6][22] - The need for financial tools to quantify and reflect "natural" value in investment decisions was emphasized, alongside the importance of addressing local needs in Brazil for effective green finance implementation [10][26] Group 5: Future Challenges and Collaboration - The roundtable discussions underscored the necessity for collaboration among governments, financial institutions, enterprises, and social organizations to effectively integrate natural capital with sustainable agricultural development [28][29] - The importance of existing data for decision-making in natural and financial contexts was highlighted, stressing that delays in data acquisition could jeopardize environmental and food security [29]