Core Viewpoint - The article highlights the significant progress and achievements of Industrial Bank in the field of green finance over the past two decades, aligning with China's ecological civilization goals and the "Two Mountains" theory proposed by Xi Jinping [1][2][4]. Group 1: Historical Development - The "Two Mountains" theory was proposed by Xi Jinping 20 years ago, emphasizing the balance between ecological protection and economic growth [1]. - Industrial Bank was an early adopter of green finance in China, launching the first energy efficiency financing product in collaboration with the International Finance Corporation (IFC) in 2006 [2]. - The bank established the first green finance specialized institution in the industry in 2009, further enhancing its strategic position in green finance [2]. Group 2: Growth and Impact - By June 2025, the scale of green financing reached 2.43 trillion yuan, with an annual compound growth rate of 46.07%, and the number of green finance clients reached 86,500, growing at 52.87% annually [1]. - Projects supported by green loans are expected to reduce carbon dioxide emissions by 27.45 million tons annually [1]. - The bank has actively participated in various environmental policies and initiatives, including the launch of the first low-carbon themed credit card in 2010 [3]. Group 3: Strategic Goals and Innovations - In 2015, green finance was designated as a core business of Industrial Bank, with a goal to become a leading comprehensive service provider in green finance [5]. - The bank has developed a diverse range of green financial products, including green bonds, green retail, and green asset management [5]. - In response to the "dual carbon" strategy, the bank has shifted its focus from pollution control to collaborative services for carbon reduction and green growth [6]. Group 4: Future Directions - Industrial Bank aims to deepen its green finance system and enhance its digital capabilities, launching a self-developed "dual carbon management platform" in 2023 [7][8]. - The bank is committed to supporting the construction of a beautiful China by expanding its green finance services and upgrading its product offerings [9][12]. - As of June 2025, the bank's financing scale for green low-carbon transformation in high-carbon industries is expected to exceed 230 billion yuan [11].

Core Viewpoint - The article discusses the joint issuance of the "Action Plan to Support the Construction of Shanghai International Financial Center" by the Financial Regulatory Bureau and the Shanghai Municipal Government, outlining 27 specific measures to accelerate the development of Shanghai as an international financial hub [1][2]. Group 1: Financial Institution Aggregation - The plan emphasizes the need to promote the aggregation of financial institutions in Shanghai, enhancing the financial service functions [2]. - It encourages national banks to establish financial asset investment companies in Shanghai and supports foreign financial institutions in playing a larger role [2]. Group 2: Financial Services to the Real Economy - The initiative aims to improve the quality and efficiency of financial services to the real economy, focusing on technology finance, carbon finance, inclusive finance, pension finance, and digital finance [2][3]. - It seeks to establish Shanghai as an international green finance hub, promoting carbon finance-related business [2][7]. Group 3: Regulatory Enhancements - The plan calls for improving the forward-looking risk management capabilities of financial institutions in Shanghai, promoting sound operations [3]. - It emphasizes a prudent regulatory approach, supporting financial innovation trials in key areas such as service to the real economy and opening up [3][4]. Group 4: Policy Support and Talent Development - The action plan includes measures to enhance policy support, improve financial professional service levels, and strengthen the integration of party building with business [3]. - It aims to attract and cultivate high-level financial talent in Shanghai [3]. Group 5: Focus Areas for Financial Innovation - The regulatory body plans to establish a financial innovation regulatory mechanism, focusing on key areas such as service to the real economy and international openness [4]. - It aims to expand financial institutional openness by exploring cross-border loan businesses in the Shanghai Free Trade Zone [5]. Group 6: Synergy with Technology Innovation - The plan supports the linkage between the Shanghai International Financial Center and the International Technology Innovation Center, exploring financial service models suitable for technology enterprises [6]. Group 7: International Carbon Finance - The initiative encourages financial institutions in Shanghai to support the construction of a carbon trading market and participate in international carbon pricing [7].