Consumer Staples, Industrials Dec 28, 2021 10:59 AM (GMT+8) · EqualOcean
The central bank today issued a document saying that in 2021, structural monetary policy will be the highlight of the central bank. In order to help carbon peak, carbon neutralization and support the development of key areas such as clean energy, energy conservation and environmental protection and carbon emission reduction technology, on November 8, 2021, the central bank launched a carbon emission reduction support tool to provide financial support to financial institutions at 60% of the loan principal, with an interest rate of only 1.75%, supporting financial institutions to issue carbon emission reduction loans to key areas. In addition, the structural monetary policy also sprinkled rain and dew on "agriculture, rural areas and farmers" and small and micro enterprises. On December 7, 2021, the central bank lowered the refinancing interest rate for agriculture and small loans by 0.25 percentage points.