BOC strictly controls two high industry credit

Nanfang Daily News (Reporter/Lu Yi correspondent/Zhang Lei Cai) recently, the Bank of China promulgated the implementation of the "Support energy conservation and emission reduction Credit guideline", through the implementation of "green credit" to support clean energy and energy conservation and environmental protection industry development. It is understood that the guidelines clearly define the overall credit principle: actively support the development of clean energy and energy conservation and environmental protection industries, focus on supporting the construction of key energy-saving and emission reduction projects, the credit resources to the regions and enterprises with significant effect on energy-saving and emission reduction, and strictly control the new credit of enterprises in the "two high" industries that do not meet the national　　Accelerate exit of backward capacity projects. BOC Key Credit support industry, customers, projects, processes and products mainly include: Focus on supporting the central budget investment, the central government's special Fund for energy Saving and emission reduction project, "Eleven-Five" 10 key energy-saving projects, key watershed water pollution and other items, and actively support the waste heat boilers, new energy vehicles and other energy-saving products,　　As well as the overall coal gasification combined cycle power generation, coal power plant desulfurization and other energy-saving emission reduction technology, combined with the national Development and Reform Commission 2009 thousands of enterprises energy-saving target assessment results, focusing on supporting energy-saving and emission-reducing effect of enterprises. At the same time, the guidelines explicitly suggest that some enterprises and projects should not provide additional credit, and the stock of credit should be withdrawn as soon as possible. These enterprises and projects include: the restriction category and elimination category in the National Catalogue of industrial structure adjustment, as well as the projects and enterprises listed in the country to eliminate backward capacity, the projects and enterprises that have been released by the Ministry of Industry and Information technology, and those which have failed to meet the national environmental standards; No project loans shall be issued, and no working capital loans or trade financing support shall be issued for the projects which have been built illegally.