The second Innovation Forum on ESG and Sustainable Industry Development, part of the Gulangyu Forum, took place on Sept 9 in Xiamen, Fujian province.

Themed "Blended Finance for Sustainable Industry Development", the event attracted over 400 representatives from governmental departments, international organizations, financial institutions, research institutes, and the industrial sector, where participants discussed blended finance, cross-border sustainable cooperation, sustainable information disclosure, and energy transition, helping drive fresh momentum for regional green and low-carbon transformation and high-quality growth.

The forum showcased several achievements in sustainable industry development, including the release of the 2026 China and Gulf Region Sustainable Industry Investment and Financing Annual Report, and the signing of a strategic cooperation agreement between Xiamen Torch Group and State Power Investment Corporation Fujian Electric Power on promoting green, low-carbon financing cooperation and project implementation.

During the promotional session, representatives of the Xiamen Free Trade Zone highlighted the area's advantages in port environment, industry development, cross-border circulation, and professional services, seeking cooperation with Middle Eastern companies in commodity supply chains, new energy, capital services, and computing power.

Representatives from CATL, Ras Al Khaimah Economic Zone in the United Arab Emirates (UAE), Dubai Chambers, and X-Era AI shared their market insights and partnership needs, exploring opportunities for sustainable industrial cooperation between China and the Middle East.

The forum built consensus on deeper integration of green finance and sustainable industries and connected capital, technology, and projects.