Significant progress was made during the 14th Five-Year Plan period (2021–2025) in promoting green development and reducing carbon emissions, according to the Ministry of Ecology and Environment.
At a press conference held on Wednesday, the ministry's officials said that China established the largest clean power supply system and the largest clean steel production system globally during the period. Meanwhile, the market penetration rate of new energy vehicles in the country exceeded 50 percent and the proportion of clean transportation in key regions and industries reached 78 percent.
China has also established the world's most extensive carbon emissions trading market, marking a major milestone in its efforts to combat climate change, the ministry noted.
The cumulative trading volume of carbon emission allowances had reached 865 million tons, with a total transaction value of 57.663 billion yuan (about 8.29 billion U.S. dollars) by the end of 2025.
In addition, the ministry stated that China launched a national voluntary greenhouse gas emission reduction trading market, took the lead in establishing a product carbon footprint management system, and issued the "National Adaptation Strategy to Climate Change 2035" to enhance climate resilience in key areas. Over the past five years, new quality productivity has driven development, speeding up the green and low-carbon transition.
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