BEIJING, Dec 30 — China has issued the first 85.5 billion yuan batch of low-cost loans to financial institutions to promote green projects and corporate efforts to cut carbon emissions, the central bank said today.
The CERF is part of China’s broader goal of bringing carbon emissions to a peak before 2030 and achieving carbon neutrality by 2060, as well as to shelter the economy from the economic fallout of the Covid-19 pandemic. The bank has also officially rolled out low-cost loans to support companies’ efforts to use clean coal, Sun Guofeng, head of the PBOC’s monetary policy department, said a news conference. He did not say how much has been provided already.
But banks are required to certify the loans have been issued to firms that can help the economy adopt cleaner energy or improve energy efficiency.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WHO warns of Omicron overload as China, Europe impose new curbs | Malay MailBERLIN, Dec 28 — The WHO warned today that the Omicron coronavirus variant could lead to overwhelmed healthcare systems even though early studies suggest it leads to milder disease, as China and Germany brought back tough restrictions to stamp out new infection surges. China put hundreds of...
Source: malaymail - 🏆 1. / 86 Read more »
Calls for modernisation of China region beset by rights fears | Malay MailBEIJING, Dec 29 — The new party chief in China’s Xinjiang called for improved business conditions in his first official visit to the region, where forced labour accusations have prompted some countries to announce a diplomatic boycott of the upcoming Beijing Winter Olympics. After overseeing...
Source: malaymail - 🏆 1. / 86 Read more »
Court rules vernacular schools constitutionally protected, throws out Malay-Muslim group’s suit | Malay MailKUALA LUMPUR, Dec 29 — Malaysia’s vernacular schools were consistent with its Federal Constitution, the High Court reiterated today when rejecting a lawsuit seeking for the government to abolish education using Mandarin and Tamil. In reading his summary judgment this morning, Justice Datuk Mohd... Time to establish Iban schools, dusun schools, kadazan schools, orang asli schools, bidayuh schools, bajau schools etc. Deep state, obviously. Froth and growl will follow. So much is rotten in our country. Yet so much good is done by the people themselves.
Source: malaymail - 🏆 1. / 86 Read more »
China's Xian marks first week of lockdown as Covid cases persist | Malay MailBEIJING, Dec 29 ― A lockdown of 13 million people in the Chinese city of Xian entered its seventh day today, with many unable to leave their homes and virtually dependent on deliveries of necessities as new Covid-19 infections persisted. Xian reported 151 domestically transmitted infections...
Source: malaymail - 🏆 1. / 86 Read more »
AirAsia to complete RM974.5m rights issue Dec 31 | Malay MailKUALA LUMPUR, Dec 29 — AirAsia Group Bhd (AAGB) will complete its renounceable rights issue to its existing shareholders upon listing of the Redeemable Convertible Unsecured Islamic Debt Securities (RCUIDS) and Warrants on Friday. The group will be able to raise RM974.5 million — a strong...
Source: malaymail - 🏆 1. / 86 Read more »
Liverpool need to improve before Chelsea clash, says Van Dijk | Malay MailLONDON, Dec 29 — Liverpool captain Virgil van Dijk says he and his team-mates need to “look in the mirror and improve” after the 1-0 loss to Leicester dealt a blow to their Premier League title prospects. Leaders Manchester City can extend their advantage to nine points later today if they... Banyak hadis sahih yang dapat disahkan menentang hak Muhammad Qasim sebagai Imam Mahdi. Dia sendiri tidak menuntut gelaran ini, tetapi orang di seluruh dunia memanggilnya hanya dengan mimpi ilahi-Nya. Mengapa mimpi ini sangat penting?
Source: malaymail - 🏆 1. / 86 Read more »