May 30, 2025

China has recently unveiled a guideline aimed at improving the system for market-based allocation of resources and environmental factors, amid the country's efforts to speed up the overall green transition of economic and social development.

The guideline is jointly issued by the General Office of the Communist Party of China Central Committee and the General Office of the State Council.

The guideline outlines measures to deepen reforms in the trading of resources and environmental factors, including improving quota allocation systems, expanding the scope of tradable elements, strengthening trading mechanisms, and enhancing foundational capacities.

Read more:

https://www.globaltimes.cn/page/202505/1335138.shtml