The Jiangyin Xingcheng Special Steel Works Co Ltd. [Photo provided to wuxi.gov.cn]
For example, the Jiangyin Xingcheng Special Steel Works Co Ltd started recovering waste heat, optimizing its combustion system, and generating power with solar photovoltaics, and has upgraded its workshops to achieve ultra-low emissions.
Wang Yongjian, deputy general manager of Xingcheng, said that their factory's emissions of particulate matter, nitric oxide, and sulfur dioxide have been reduced by 18.9 percent, 58.3 percent, and 62.2 percent, respectively.
In recent years, Wuxi has improved its green finance-related policies and encouraged more financial institutions to invest in green projects.
A total of 800 million yuan in loans have been issued to the city's eco-friendly projects, and the city also saw the issuance of its first green bond with a total financing scale of 650 million yuan.