The special exhibition zone on low-carbon and environmental protection made its debut at the fourth China International Import Expo, covering an area of over 15,000 square meters.
China has set its goal to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060.
Guided by the country's "dual carbon goals", world-renowned enterprises find growing opportunities in the sustainable practices in China.
On top of the financial instruments introduced earlier to support the reduction of carbon emissions, a targeted relending program with a quota of 200 billion yuan ($31.3 billion) will be rolled out to support the clean and efficient use of coal.
The program will provide targeted support for safe, efficient, green and smart coal mining, clean and efficient coal processing, clean and efficient use of coal-fired power, clean industrial combustion and heating, clean residential heating and the comprehensive utilization of coal resources, and promote the development and utilization of coal-bed methane.
National banks will issue loans at their discretion to eligible projects in the supported areas at a rate basically on par with the prime rate of loans with the same maturity.