National Development and Reform Commission and other departments: for energy-saving and carbon reduction renovation projects that meet the conditions, a fund subsidy will be provided based on 20% of the approved total investment, with priority given to projects that achieve benchmark efficiency levels after renovation.

The National Development and Reform Commission and other departments have issued a notice on launching a three-year action plan to promote energy-saving and carbon reduction transformations in key industries. It points out that the National Development and Reform Commission, together with relevant departments, will increase central investment support, and provide funding subsidies for energy-saving and carbon reduction projects that meet the conditions, based on 20% of the approved total investment. Priority will be given to projects that achieve benchmark energy efficiency levels after the transformation. Local governments are encouraged to coordinate the use of existing funding channels to support the implementation of energy-saving and carbon reduction projects in key industries. Tax incentives for energy-saving equipment, technology upgrades, and comprehensive resource utilization should be effectively implemented, and financial institutions are encouraged to provide diversified financial products and services around the needs of energy-saving and carbon reduction transformations.