Core Insights - Guangdong is enhancing financial support for the development of the circular economy through innovative practices and collaborative efforts among various stakeholders [2][3][4] Financial Support Initiatives - A total of 26 financial support cases for the circular economy were presented, showcasing the depth of integration between industry and finance [3][8] - 24 enterprises signed agreements with financial institutions, resulting in a cumulative credit scale of 29.76 billion yuan, covering major cities and multiple sectors of the circular economy [3][11] Market Growth Potential - The circular economy market in China is projected to reach 4.6 trillion yuan by 2024, with a compound annual growth rate of 10.32% from 2019 to 2024 [5] Policy and Infrastructure Development - Guangdong has established a solid foundation for cultivating the circular economy, supported by a series of policies and the creation of multiple national demonstration cities and parks [6][11] - The region has developed a circular economy system centered around the Pearl River Delta, leading the nation in industrial structure, scale, and technology levels [6] Financial Innovation and Demand - The diverse financial needs across different stages of the circular economy have prompted Guangdong to explore various financial support pathways [7][8] - The 26 financial support cases cover the entire circular economy chain, addressing financing challenges through targeted financial product innovations [8] International Cooperation and Standards - The event facilitated a multi-level cooperation platform, with local and international institutions sharing experiences and practices in supporting the circular economy [9][10] - Global development institutions and local banks signed cooperation intentions to enhance circular finance projects, indicating a commitment to international collaboration [10] Case Studies of Circular Economy Projects - The Fushan Circular Economy Industrial Park, with an investment of approximately 11 billion yuan, integrates multiple waste management functions and has received significant financial backing [13] - Jinfa Technology's project on plastic recycling has been recognized for its innovative approach, securing a credit agreement of 1.5 billion yuan to support its operations [14]