20 17. according to news reports, in 20 17, China will start the national carbon emission trading system and develop green finance, which will cover key industrial industries such as steel, electric power, chemical industry, building materials, paper making and non-ferrous metals. People's Republic of China (PRC), referred to as "China" for short, was founded in1June, 949+1 year1October, located in the east of Asia and on the west coast of the Pacific Ocean.