Two departments: support financial institutions in formulating green financial support for green factories, clarify key areas for green financial support for green factory construction.

08:47 12/12/2025

Support financial institutions in formulating green finance support plans for green factories, determine relevant departments responsibilities, clarify key areas for green finance support for green factory construction, optimize green factory business approval processes, and improve the efficiency of approval for key projects.

On December 12, the General Offices of the Ministry of Industry and Information Technology and the People's Bank of China issued a notice on utilizing green financial policies to support the construction of green factories. It mentioned the need to improve internal management mechanisms, support financial institutions in formulating work plans to support green factories, determine relevant departments' responsibilities, specify key areas for green financial support, optimize business approval processes for green factories, and enhance efficiency in approving key projects. It also emphasized the establishment of effective incentive mechanisms to support the development of green factories, providing policy support in areas such as internal transfer pricing, due diligence exemption systems, and loan approval channels to enhance green financial service capabilities. The notice further promoted specialized financial innovations to strengthen the service brand of green factories and improve business quality.

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