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Newsletter summary

The State Administration of Financial Supervision and Administration issued guidelines to promote the high-quality development of green insurance, encourage insurance funds to increase the allocation of green bonds, and enhance investment in green industries.

Text of news flash

[the State Administration of Financial Supervision and Administration recently issued guidelines aimed at promoting the high-quality development of green insurance] the financial department stressed that the allocation of green bonds will be strengthened on the premise of ensuring risk control and commercial sustainability. At the same time, increase investment in green industries. The advantages of long-term investment of insurance funds will be brought into full play, especially in promoting green bonds and green industry investment. The financial department also adheres to the principle of asset-liability matching and actively uses insurance asset management products and other tools to increase financial support for green, low-carbon, circular economy and other key areas. Through these measures, the asset allocation in the field of green industry will be gradually improved. The rewritten description is described in sequence, highlighting the key points, while maintainingBaitfishThe use of short sentences and commas is convenient for readers to read and understand quickly. While keeping the data accurate, the article also avoidsBaitfishThe insertion of a personal point of view, trying to maintain the balance of the narrative.

baitfish| State Financial Supervision and Administration: Promote high-quality development of green insurance and increase the allocation of green bonds