Chairman of the Bank of Communications Ren Deqi: Suggest to introduce national level transition financial standards as soon as possible, fully covering key high-carbon industries.

On June 19, Ren Deqi, Chairman of Bank of Communications, stated at the 2025 Lujiazui Forum that it is necessary to strengthen the coordination between financial policy and industrial policy. He suggested that national-level transition finance standards should be introduced as soon as possible, covering key high-carbon industries comprehensively. He also proposed to support companies that align with the national industrial policy direction, achieve carbon reduction through the adoption of advanced technologies or equipment upgrades in the industry.