Top 10 highlights of China's economy in 2022
- By Zhu Bochen
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E-mail China.org.cn, March 26, 2022
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# Carbon trading market continuously optimized
Work concerning carbon peak and neutrality goals is expected to enter a critical implementation phase in 2022. Specifically, China's transportation and construction sectors will take the lead to reduce emission, and the energy and industrial fields will be required to speed up the elimination of backward production capacity, EY analyzed.
In addition, the national carbon market, which started trading on Jul. 16, 2021, will include more industries and sectors this year. Therefore, it is expected that the carbon quota price will continue to increase in the next decade, which will, in turn, facilitate the green transformation of industries and companies.
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