Xinjiang explores green finance to support the development path of prefabricated buildings

Recently, the Xinjiang Autonomous Region Housing and Urban-Rural Development Department and other five departments jointly issued implementation opinions to promote green finance to support the development of prefabricated buildings in the region. The district is required to actively cultivate industrial bases, build a batch of prefabricated building demonstration projects, explore methods and paths for green finance to support the development of prefabricated buildings, and innovate financial products and services.

According to the implementation opinions, the scope of green finance to support prefabricated buildings mainly includes the following aspects: The first is public rental housing and affordable rental housing supported by the government's policies on land, taxation, and finance, as well as office buildings, hospitals, schools (kindergartens), cultural stadiums, underground pipe corridors, urban bridges, industrial park standard plants, and bus stations. The second is prefabricated buildings constructed in real estate development projects that meet the scope of green finance support; the third is prefabricated buildings such as rural light steel structures and modern wooden structures. The fourth is the prefabricated seismic reinforcement and existing building renovation projects; the fifth is the prefabricated building industrial base. Sixth, new technologies, new materials, new processes, new equipment used in prefabricated building design, parts and components production and processing, construction and installation, and later operations.

In view of the financing characteristics of prefabricated buildings, the implementation opinions proposed development loans and green commercial housing mortgage loans, development of prefabricated building acquisition loans and patent rights and other intellectual property pledge services. Support prefabricated building materials companies to issue corporate bonds, corporate bonds, short-term financing bills, medium-term notes, perpetual notes, establish prefabricated building development funds, differentiated housing credit support and other green financial support models.