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flag China outlines plan to expand carbon trading market and move towards carbon neutrality by 2030.

flag China has released a guideline to accelerate its transition to low-carbon development and expand its national carbon trading market. flag By 2027, the market will cover all major industries, with a cap-and-trade system in place by 2030. flag The guideline aims to improve the carbon quota allocation system, support voluntary emission reductions, and enhance international cooperation. flag This move is part of China's effort to reach peak carbon emissions and achieve carbon neutrality.

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