The People's Banks of China in Beijing, Tianjin, and Hebei jointly convened a meeting to promote financial support for the coordinated upgrading and i...
TL;DR
The People's Bank of China branches in Beijing, Tianjin, and Hebei held a meeting to boost financial support for regional industrial integration. It emphasized funding key areas like non-capital function relocation, Xiong'an New Area, and transport integration, while innovating financial products and services.
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According to Foresight News , citing Jinshi Daily, the Beijing, Tianjin, and Hebei branches of the People's Bank of China jointly convened a meeting in Beijing on the 2025 Beijing-Tianjin-Hebei Coordination Mechanism and a meeting to promote financial support for the coordinated upgrading of advanced industries in the Beijing-Tianjin-Hebei region. The meeting emphasized that industrial integration is the core content and key support for the coordinated development of the Beijing-Tianjin-Hebei region. It stressed the need to continue providing financial support in key areas, focusing on the relocation of non-capital functions from Beijing, the construction of Xiong'an New Area and Beijing's sub-center, the integration of transportation in the Beijing-Tianjin-Hebei region, and ecological environmental protection. The meeting called for actively innovating financing products and models such as credit and bonds, continuously optimizing financial services in areas such as credit reporting, payment, and digital RMB, promoting the rational flow of financial resources in the Beijing-Tianjin-Hebei region, and better supporting the comprehensive, high-quality, and in-depth advancement of the coordinated development of the Beijing-Tianjin-Hebei region.