Financial support urged to attain carbon targets
China's central bank chief vowed on Tuesday to mobilize financial support from all parties to realize the goal of the nation achieving carbon neutrality by 2060, and called for promoting a deepened opening-up of the domestic green financial market to foreign investors.
Hukou door opens wider to boost urbanization
The National Development and Reform Commission issued a notice on Tuesday, demanding that cities with a permanent urban population of less than 3 million fully cancel restrictions on household registration and give equal treatment to home renters and buyers while implementing the hukou policy.
China's central bank to double down on green finance
The PBOC plans to launch a support toolkit to provide low-cost funds for carbon emission reduction, and it will also support green finance through a host of measures ranging from commercial credit ratings, deposit insurance rates to collaterals for open market operations, the governor said.