The first stage (20 1 1-20 13) is the start-up stage of local pilot projects. 2011/0 In June, the National Development and Reform Commission issued the Notice on Launching the Pilot Work of Carbon Emissions Trading, which marked the official start of the pilot work of carbon emissions trading in China. In June of 20 13, the first pilot market of carbon emission rights in China was established in Shenzhen, followed by seven first carbon pilot markets in Beijing, Shanghai, Tianjin, Chongqing, Hubei and Guangdong, and Fujian became the eighth carbon market trading pilot in China. At present, the pilot areas can operate in an orderly and effective manner and continue to play a leading role in technological innovation and policy system innovation in the national carbon market.

The second stage (20 14-20 19) is the preparatory stage for the national unified carbon market. 20 13 The Third Plenary Session of the 18th CPC Central Committee made it clear that building a national carbon market has become one of the important tasks of comprehensively deepening reform. 20 14, 14 In February, the Interim Measures for the Management of Carbon Emissions Trading was issued, which clarified the overall framework of the national carbon market construction from the institutional level. In September of 20 15, it was confirmed for the first time that the national unified carbon market trading system would be opened in 20 17. 2065438+February 2007, 65438+2007 "National Carbon Emission Trading Market Construction Scheme (Power Generation Industry)" was issued, which marked the beginning of the construction of a unified carbon market in China. In 20 18, the specific technical operation of carbon market construction began to become the main construction task, such as data submission, registration and other system construction work to accelerate follow-up. 20 19 with the completion of relevant basic work, the national unified carbon market, which is dominated by quota trading in power generation industry, has entered an important simulation operation stage.

The third stage (since 2020) is the stage of gradual maturity of the national unified carbon market. In 2020, the construction of the national carbon market will enter a stage of deepening and improving. After nearly three years of preparation and simulation operation, the national unified carbon market for power industry was officially launched in July 20021,which is of great practical significance to the realization of China's "double carbon" goal. In addition, in addition to the power generation industry, the industry coverage will gradually expand, such as steel, petrochemical, chemical, aviation and other key industries. With the passage of time, the products and ways of trading in the national carbon market will be further enriched, and the China carbon market will become the largest carbon market in the world.