ECONOMY

Green Growth

The banking and insurance regulator pledged to optimize financial services to facilitate the green development of the Yangtze River Economic Belt.

Financial institutions will be encouraged to innovate green finance and supply diversified financial products to boost the development of the economic belt, according to a statement released by the China Banking and Insurance Regulatory Commission on January 13.

Banking and insurance institutions will provide financing support to major projects that serve public interests despite a long period of investment returns.

More efforts will be made to push information sharing to enhance the efficiency and coverage of financial support, the statement said, stressing the importance of cross-region cooperation in the Yangtze River Economic Belt.

An action plan has been released to protect and restore the Yangtze River. The goals