China has introduced a pilot program aimed at green foreign debt financing to attract global capital into its green sector, as announced by the State Administration of Foreign Exchange (SAFE). The initiative is being piloted across 16 regions and cities, including Shanghai, Beijing, Hebei province, and Qingdao. This program eases restrictions on the amount of foreign capital that companies can raise for climate-related projects, supporting China's goals to reduce greenhouse gas emissions and stimulate economic growth. Concurrently, Shanghai, China's financial hub, has implemented new real estate policy measures effective from August 26, 2025. These include raising individual housing provident fund loan limits, allowing withdrawals for down payments, temporarily exempting property tax for first-time homebuyers, and removing restrictions on the number of homes eligible residents, including non-residents, can purchase in outer suburbs. These housing policy adjustments are part of Shanghai's efforts to address the prolonged property market crisis.