On June 14, 2017, during the 176th executive meeting of the State Council, it was decided to establish green finance reform and innovation pilot zones in selected provinces (Zhejiang, Guangdong, Xinjiang, Guizhou, and Jiangxi), each with its own focus and characteristics. The People's Bank of China and six other ministries jointly issued the overall plan for the construction of these pilot zones, aiming to explore replicable and scalable green financial systems and mechanisms in a "bottom-up" manner. The practice of the green finance reform and innovation pilot zones has proven that by effectively allocating resources, green finance has facilitated the green transformation of the economy and society.

On March 27, 2024, the People's Bank of China, along with six other ministries and commissions, jointly issued the "Guiding Opinions on Further Strengthening Financial Support for Green and Low-carbon Development," reinforcing the role of green finance in promoting the green and low-carbon transformation of economic society. On August 11, the CPC Central Committee and the State Council released the "Opinions on Accelerating the Comprehensive Green Transformation of Economic and Social Development," marking a new stage in China's green transformation. Against this backdrop, the People's Bank of China has actively promoted the formulation of national-level transition finance standards across multiple industries. Meanwhile, various regions have also formulated transition finance standards for different industries in combination with their local industrial characteristics, achieving remarkable results.

To study and summarize the development experiences of local pilot projects, the IFS has established a dedicated section called “Chinese Green Finance and Transition Finance”.This section is divided into seven modules, comprehensively showcasing practical cases, forward-looking practices, and the latest updates from various pilot regions in their endeavors to promote green and low-carbon development.