China Green Bulletin: Foreign Banks Join PBOC Green Lending Program, Chongqing Is the Next Green Finance Hub

You are receiving the free biweekly version of China Green Bulletin. Sign up here for our email to keep up to date on green, energy and ESG news out of China.
Top News Items
Foreign banks join PBOC green lending program
The People’s Bank of China (PBOC) has included two foreign-funded banks in a lending program designed to reduce carbon emissions — Deutsche Bank (China) Co. Ltd. and Societe Generale (China) Ltd. are the first foreign institutions to get the approval. Under the program rolled out in November last year, lenders can apply for low-cost funding from the central bank after a green loan is made. The move will offer more opportunities for foreign lenders to take a part in and benefit from the country’s low-carbon shift.

Caixin Insight, the research arm of Caixin Global, is a strategic advisory helping clients assess policy risk and macroeconomics in China.
- 1Cover Story: China’s Factory Exodus Is Turning Vietnam Into the World’s Assembler
- 2Meituan Enters Open-Source AI Race With LongCat Model
- 3Ex-UBS Banker in Hong Kong Jailed 10 Years for Laundering $17.2 Million
- 4End of U.S. Tax Exemption Hits Chinese Air Cargo Carriers Differently
- 5China Rolls Out Subsidized Consumer Loans to Boost Spending
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas