Developing Green Finance

SINOSURE issued the Guiding Opinions on Stepping up Green Finance Development and the Opinions on the Accurate and Comprehensive Implementation of the New Development Philosophy, Carbon Peaking and Carbon Neutrality, strengthened the top-level design for green finance development, and improved the long-term mechanism for green finance operations. It established a working group for green finance development led by Chairman Song Shuguang to strengthen organizational support and overall coordination for green finance development. It incorporated green finance development and green development transformation into the top-level institutional arrangements such as the 14th Five-Year Plan, the reform action plan, and the guidance for supporting the formation of new development pattern, which consistently enhanced its green financial service capacity.