Translating...
Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.
Share
Copied
The headquarters of the People's Bank of China in Beijing, China, July 23, 2022. /CFP
China's central bank said on Sunday it will extend three lending tools for carbon reduction as part of its efforts to support green development.
The People's Bank of China (PBOC) said it will extend a lending tool for supporting carbon emissions reduction to the end of 2024, according to a statement.
The central bank will also roll over a re-lending tool for the clean and efficient use of coal to the end of 2023.
"While ensuring the security of energy supply, [we will] support the economy to transform toward a green and low-carbon one, in a move to help achieve the goal of carbon neutrality in a scientific and orderly way," said the PBOC.
The PBOC said it will also extend a re-lending tool for the transportation and logistics sectors to the end of June in 2023.
MORE FROM CGTN
Business
12:26, 17-Mar-2025
Economy
10:16, 17-Mar-2025
China
09:15, 17-Mar-2025
China
08:33, 17-Mar-2025
TOP NEWS
China
14:54, 17-Mar-2025
Politics
13:54, 17-Mar-2025
Politics
11:40, 17-Mar-2025
Search Trends
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466