Two departments: Support financial institutions in formulating green finance support green factory work plans, and clarify the key areas of green finance support for green factory construction.

According to the financial news app, on December 12th, the General Office of the Ministry of Industry and Information Technology and the General Office of the People's Bank of China issued a notice on making good use of 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 departmental responsibilities, clarify key areas for green financial support for green factory construction, optimize the approval process for green factory business, and improve the efficiency of approval for key projects. It also calls for the establishment of effective incentive mechanisms to promote the development of green factory construction, giving policy preference in areas such as internal transfer pricing, due diligence exemption systems, and loan approval channels, in order to enhance green financial service capabilities. Specialized financial innovation should be carried out to strengthen the green factory service brand and improve business quality.