The Central Financial Work Conference pointed out five major articles on technology finance, green finance, inclusive finance, elderly care finance, and digital finance. On November 13th, the reporter learned from the Guangdong Provincial Branch of the People's Bank of China that as of the end of September 2023, the balance of green loans in Guangdong had exceeded the three trillion yuan mark for the first time. It took 18 months to grow from 1 trillion yuan to 2 trillion yuan, and 12 months to grow from 2 trillion yuan to 3 trillion yuan, further activating the development momentum of green finance. As of the end of September 2023, the balance of green loans in Guangdong reached 303.6 billion yuan, a year-on-year increase of 45.9%, which is 35 percentage points higher than various loans; The balance of green loans accounted for 11.3% of all loans, an increase of 2.7 percentage points compared to the same period last year. From a regional perspective, the main providers of green credit funds in Guangdong are mainly concentrated in financial institutions in the Pearl River Delta region. As of the end of September 2023, the total green loan balance of financial institutions in the Pearl River Delta region reached 2745.3 billion yuan, accounting for 90.6% of the total green loan balance in the province. Guangzhou's demonstration role as one of the first batch of green finance reform and innovation pilot zones in China is more prominent, with green loan balances accounting for one-third of the province's total. From the perspective of branches, large state-owned banks and joint-stock commercial banks are the "main force" in green loan issuance. The balance of green loans from large state-owned banks and joint-stock commercial banks reached 1964.6 billion yuan and 433.3 billion yuan respectively, accounting for 79% of the total green credit balance in the province. In terms of different purposes, green credit mainly focuses on infrastructure upgrading (1260.2 billion yuan, accounting for 41.6%), clean energy industry (845.8 billion yuan, accounting for 27.9%), and energy conservation and environmental protection industry (635.6 billion yuan, accounting for 21.0%), with a focus on building energy conservation and green buildings (603.2 billion yuan, accounting for 19.9%), clean energy facility construction and operation (491 billion yuan, accounting for 16.2%) Green transportation (447.7 billion yuan, accounting for 14.8%) and efficient energy-saving equipment manufacturing (315.8 billion yuan, accounting for 10.4%). Green finance is an important means of supporting high-quality economic and social development. Next, the Guangdong Provincial Branch of the People's Bank of China will conscientiously implement the important deployment of the Central Financial Work Conference to allocate more financial resources to promote green development, implement the work deployment of the headquarters to vigorously develop green finance, and further improve the incentive and constraint mechanism of green finance around the various arrangements of the Guangdong Provincial Party Committee and Government to promote green and beautiful Guangdong ecological construction, and strengthen the construction of green finance capabilities of financial institutions, We will solidly promote the disclosure of environmental information by financial institutions, accelerate the formulation and implementation of transitional financial standards, promote the interconnection of green financial markets in the Guangdong Hong Kong Macao Greater Bay Area, and strive to do a good job in green finance. We will provide high-quality green financial services to support and guarantee the high-quality development of Guangdong's economy and society. (New News Agency)
Edit：Hu Sen Ming Responsible editor：Li Xi
Source：GD TODAY
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