Two Departments Call for Utilizing Green Finance Policies to Support the Development of Green Factories

The Ministry of Industry and Information Technology (MIIT) and the People's Bank of China (PBC) have jointly released the Circular on Leveraging Green Finance Policies to Support the Development of Green Factories (the "Circular").

The Circular calls for providing key support for investment projects undertaken by national-level green factories that utilize green and low-carbon technologies listed in the Catalog of Projects Supported by Green Finance (2025 Edition) issued by the PBC and two other departments, as well as those included in relevant policy plans and technical catalogs issued by national authorities, with a view to enhancing enterprises' green development capabilities in low-carbon energy use, efficient resource utilization, clean production, green product development, and intensive land use, among other areas. The projects covered fall into three main categories: R&D and industrial application projects, technological transformation and upgrading projects, and zero-carbon factory construction projects. The Circular further sets forth the arrangements in multiple aspects, such as strengthening supply–demand alignment and increasing financial support. Notably, it stresses the actions to improve internal management mechanisms, support financial institutions in formulating work plans for green finance to support green factories, designate responsible departments, identify key areas for green finance support in green factory development, optimize the approval process for green factory-related business, and improve approval efficiency for major projects.



(Source: https://www.miit.gov.cn/zwgk/zcwj/wjfb/tz/art/2025/art_819b78cd9fb34870aa09ed1daf3524b5.html)

Note: The link to the Chinese official website of the document is for your reference.