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China's PBOC and multiple ministries issued guidance to support international sci‑tech innovation centers in Beijing‑Tianjin‑Hebei, the Yangtze River Delta and the Guangdong‑Hong Kong‑Macao Greater Bay Area. The guidance calls for building cross‑regi

2026-10-19

China's PBOC and multiple ministries issued guidance to support international sci‑tech innovation centers in Beijing‑Tianjin‑Hebei, the Yangtze River Delta and the Guangdong‑Hong Kong‑Macao Greater Bay Area. The guidance calls for building cross‑regional tech‑finance service alliances and, subject to effective prevention of cross‑sector financial risks, directing banks, securities firms, insurers, venture capital, guarantors and leasing firms to deepen cooperation, pilot new service models and establish risk‑sharing frameworks for major R&D projects. It mandates coordinated financial services and financing for major tech projects, upstream/downstream industry chains and cross‑regional commercialization of technology, creation of a cross‑regional sci‑tech fund matrix to back original innovation and industrial deployment, and establishment of integrated regional tech‑finance platforms that combine enterprise demand, financial services and supporting policies.

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2026-10-19

ECB official Sleijpen said the remaining carbon budget to keep warming within the Paris 1.5°C target is nearly exhausted, warning the choice is now between a ‘bad but manageable’ outcome and one that is ‘unmanageable’. Speaking in Manila on Monday as

ECB official Sleijpen said the remaining carbon budget to keep warming within the Paris 1.5°C target is nearly exhausted, warning the choice is now between a ‘bad but manageable’ outcome and one that is ‘unmanageable’. Speaking in Manila on Monday as chair of the Network for Greening the Financial System and a senior figure at the Dutch central bank, he said scientific evidence shows emissions allowances for 1.5°C are almost used up.
2026-10-19

PBOC'S PAN said at the 2026 Financial Street Forum the central bank will expand Standing Lending Facility (SLF) eligibility to include domestic foreign-funded legal‑entity banks, and will apply the same operational arrangements to Nationwide banks to

PBOC'S PAN said at the 2026 Financial Street Forum the central bank will expand Standing Lending Facility (SLF) eligibility to include domestic foreign-funded legal‑entity banks, and will apply the same operational arrangements to Nationwide banks to achieve full coverage of domestic deposit‑taking financial institutions. Inclusion will give those banks access to PBOC liquidity channels, supporting their business operations.
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