China's Ministry of Finance proposes draft guideline for unifying corporate sustainability disclosures by 2030, aligning with global ESG focus.

China's Ministry of Finance is seeking opinions on a draft guideline aimed at unifying corporate sustainability disclosures by 2030. The move comes amid global focus on Environmental, Social, and Governance (ESG) issues. The draft guideline, named "Corporate Sustainability Disclosure Standards -- Basic Standards," will help Chinese companies better engage in global trade and investment activities, enhance international competitiveness, and support China's institutional opening-up.