Lates News

The Ministry of Industry and Information Technology and 7 other departments have issued a notice on the "Stable Growth Work Plan for the Petrochemical Industry (2025-2026)." It mentions utilizing existing policy channels such as long-term special national bonds to increase support for industrial technological innovation, equipment upgrading, and transformation. The petrochemical industry will be included in the key supported areas of the manufacturing industry's new technology transformation city pilot policy. Financial institutions are encouraged to implement credit policies that support and control according to industrial layout and capacity regulation directions. The People's Bank of China Credit Market Service Platform and the National Industry-Finance Cooperation Platform are fully utilized to enhance the quality and efficiency of financial services.