9月10日，胶版印刷纸期货及期权，燃料油、石油沥青和纸浆期权在上海期货交易所（下称"上期所"）正式挂牌交易。其中，胶版印刷纸期货，燃料 油、石油沥青和纸浆期权于上午9时挂牌，胶版印刷纸期权于当日21时挂牌。同日起，石油沥青期货以及燃料油、石油沥青和纸浆期权纳入合格境外投资者 交易范围。 中国造纸协会理事长赵伟表示，胶版印刷纸作为造纸工业的重要分支，广泛应用于文化传播、书写和印刷领域。我国是全球最大的文化用纸生产国和消 费国，市场规模超千亿元，胶版印刷纸的产量和消费量亦位居世界首位。纸浆期货自2018年上市以来，已逐步成为行业定价和风险管理的重要工具。此次新 增胶版印刷纸期货及期权、纸浆期权，将进一步健全和完善造纸产业链避险体系，为企业提供更灵活的风险对冲手段，具有重要的现实意义。 中国纸业投资有限公司总经理严肃表示，在产业全力推进绿色低碳技术改造和应用的进程中，有效管理原材料成本与产品价格波动风险，提升资源配置 效率和经营稳定性是一个非常重要的课题。胶版印刷纸期货及期权为企业提供了管理价格风险的工具，增强企业经营韧性。同时，期货市场提供的价格信 号，将助力企业不断优化和完善经营策略，引导企业将更多资源投向提升 ...

Core Insights - The 2025 China International Service Trade Fair (CIFTIS) opened in Beijing, showcasing a focus on environmental services, particularly highlighting the advancements in green low-carbon technologies by major energy companies, referred to as the "Three Barrels of Oil" (China National Petroleum Corporation, China Petroleum & Chemical Corporation, and China National Offshore Oil Corporation) [1][2]. Group 1: Energy Companies' Innovations - The "Three Barrels of Oil" prominently displayed their latest achievements in hydrogen energy and CCUS (Carbon Capture, Utilization, and Storage) technologies at the environmental service exhibition [2]. - China National Petroleum Corporation has achieved a total hydrogen production capacity of 8,100 tons per year, with a year-on-year increase of 23%, and has built 26 hydrogen refueling stations, marking a 24% growth [2]. - China National Offshore Oil Corporation has implemented over 400 energy-saving and low-carbon projects since the 14th Five-Year Plan, resulting in energy savings equivalent to 1.04 million tons of standard coal and a reduction of 3.15 million tons of CO2 emissions [2]. Group 2: Collaborative Development of Clean Energy - China Petroleum & Chemical Corporation is advancing in five key areas of new energy services: hydrogen energy, CCUS, geothermal energy, wind and solar power, and biofuels, emphasizing the need for collaborative development among these technologies [3]. - The most effective immediate reduction in emissions is through enhancing the energy efficiency of existing equipment, followed by the establishment of a new energy system centered on hydrogen, geothermal, and renewable energy [3]. Group 3: CCUS and Hydrogen as Strategic Priorities - Experts indicate that CCUS and hydrogen energy are crucial for the green low-carbon transition of the "Three Barrels of Oil," as these technologies align closely with traditional energy industry chains [5]. - The application of CCUS technology in the petrochemical industry has significantly reduced greenhouse gas emissions, with potential for expansion into more industrial sectors [5]. Group 4: Zero-Carbon Park Initiatives - The construction of zero-carbon parks is gaining momentum, with over ten domestic and international companies presenting solutions at the fair [6][9]. - The zero-carbon park management platform includes systems for virtual power plant management, industrial energy management, and AI-driven energy supply and demand management [9]. - The integration of renewable energy sources, such as distributed solar power, is essential for the energy supply system of zero-carbon parks, with a focus on energy storage and efficiency [10][11]. Group 5: Future Development and Challenges - The construction of zero-carbon parks is a complex system engineering task that requires optimization of energy structures, technological innovation, and multi-dimensional collaboration [13]. - Future development paths for zero-carbon parks should explore mechanisms for zero-carbon certification and carbon monitoring, which significantly impact the economic feasibility and long-term competitiveness of projects [13].

Core Viewpoint - The article highlights the launch of a new energy storage solution by Hai Chen Energy, specifically designed for AI Data Centers (AIDC), which integrates lithium and sodium battery technologies to address the unique energy demands of the AIDC industry [2][5][6]. Group 1: Energy Storage Solutions - Hai Chen Energy introduced the ∞Power 6.25MWh 8h lithium long-duration energy storage system and the ∞Power N2.28MWh 1h sodium energy storage system, along with a dedicated lifespan assessment model for AIDC [2][5]. - The new solutions aim to enhance the stability and reliability of power supply for data centers, addressing the challenges posed by the intermittent nature of renewable energy sources like wind and solar [5][6]. Group 2: Technological Innovation - The integration of lithium and sodium battery technologies allows for cost advantages and improved safety, energy density, and operational efficiency [6][9]. - The ∞Power 6.25MWh 8h system is specifically designed to mitigate the volatility of renewable energy, providing stable and lasting support for data centers [6][9]. Group 3: Market Position and Strategy - Hai Chen Energy has established a comprehensive localized capability covering R&D, manufacturing, supply chain, marketing, delivery, and operation services, enhancing its ability to meet diverse customer needs [10]. - The company has achieved a significant milestone by becoming a top player in global energy storage battery shipments and power storage shipments as of the first half of 2025 [10].

Core Viewpoint - The report highlights significant progress in green building initiatives and energy transition in China, with a target of 1.69 billion square meters of new green buildings in urban areas by 2024, representing 97.9% of total new construction [1][2]. Group 1: Green Building Development - In 2024, the area of newly constructed green buildings in urban areas is projected to reach 1.69 billion square meters, accounting for 97.9% of the total new building area [1]. - The government is committed to promoting high-quality development of green buildings and advancing green construction practices [1]. Group 2: Energy Transition - By June 2025, the installed capacity of non-fossil energy is expected to reach 2.22 billion kilowatts, making up 60.9% of the total installed capacity [1]. - The report emphasizes the importance of improving the clean and efficient use of fossil energy, including the elimination of outdated coal power capacity and the steady increase in natural gas production and utilization [1]. Group 3: New Energy Production - Since the 14th Five-Year Plan, the production of photovoltaic components and lithium batteries has increased by 3.7 times and 6.4 times, respectively, with new energy vehicle production and sales leading globally for ten consecutive years [1]. Group 4: Carbon Market Development - The national carbon market is gradually improving, with a cumulative trading volume of carbon emission allowances reaching 670 million tons and a transaction value of 45.93 billion yuan by June 2025 [1]. Group 5: Challenges and Future Work - Despite progress, challenges remain in controlling carbon emission intensity and advancing green low-carbon transformation, necessitating improvements in the legal framework and policy coordination [2]. - Future work will focus on enhancing legal policies, accelerating green low-carbon transformation in key areas, and improving the capacity to adapt to climate change [2].

Core Viewpoint - Chongqing aims to achieve "full incineration and zero landfill" for municipal solid waste by the end of this year, as part of its "14th Five-Year Plan" for ecological environment protection [1][2] Group 1: Waste Management - Chongqing has added a daily waste processing capacity of 8,040 tons during the "14th Five-Year Plan" period [1] - The city is expected to fully implement waste incineration and eliminate landfilling by the end of this year [1] Group 2: Water Quality and Environmental Monitoring - A total of 74 water quality monitoring sections have been established in Chongqing to assess water environment quality, with a water quality excellence rate exceeding 97.3% for four consecutive years [1] - The water quality in the Yangtze River section in Chongqing has maintained excellence for eight consecutive years [1] Group 3: Air Quality - Chongqing has maintained over 325 days of good air quality for five consecutive years, with a continuous decrease in PM2.5 concentration [1] Group 4: Hazardous Waste Management - The city has increased hazardous waste utilization and disposal capacity by 146.1 million tons per year, establishing over 3,800 "waste-free city cells" [1] Group 5: Ecological Protection and Green Development - Chongqing has completed integrated protection and restoration projects for mountains, rivers, forests, fields, lakes, grasslands, and deserts in the core area of the Three Gorges Reservoir [2] - The forest coverage rate in Chongqing has increased to 55.07% due to the implementation of the "Two Banks Green Mountains, Thousand-Mile Forest Belt" project covering 1.9 million acres [2] Group 6: Green Economy and Carbon Market - Since the beginning of the "14th Five-Year Plan," Chongqing has approved over 11,000 environmental impact assessments for projects meeting environmental standards, involving investments exceeding 2.1 trillion yuan [2] - The local carbon market in Chongqing has traded 5.335 million tons of carbon, generating over 1.29 billion yuan [2] Group 7: Digital Environmental Governance - Chongqing is advancing a "digital ecological environment protection" framework to enhance environmental governance efficiency, breaking down information barriers [2] - The city has established over 30 local ecological civilization regulations, forming a comprehensive regulatory system covering major environmental factors [2]

Group 1 - The report highlights that China has established the world's largest and fastest-growing renewable energy system, contributing to a quarter of the global increase in green area [1] - As of June 2025, the proportion of non-fossil energy installed capacity is expected to reach 60.9% of total installed capacity [1] - The production of photovoltaic components and lithium batteries has increased by over 3.7 times and 6.4 times respectively since the 14th Five-Year Plan, with new energy vehicle sales leading globally for ten consecutive years [1] Group 2 - In 2024, the area of newly built green buildings in urban areas is projected to be 1.69 billion square meters, accounting for 97.9% of the total new urban construction area [2] - The report indicates that the carbon market is gradually improving, with significant contributions to global climate governance [2] - The challenges of achieving carbon peak and carbon neutrality are acknowledged, emphasizing the need for a robust national strategy and the formulation of 2035 NDC targets [2]

上党区韩店街道推进全域整治与沉陷治理融合，"抱团"整治采煤沉陷区、碎片化耕地、低效建设用 地，引入社会资本开发休闲农业，实现生态经济协同发展；屯留区统筹矿山治理基金，完成2253亩区域 治理；高河煤矿、司马煤业等推行充填式开采，减少源头沉陷；经坊煤业等推进煤矸石制砖，有效消纳 固废；明鑫煤矿探索煤矸石与羊粪制肥，改善土壤肥力……长治市各地因地制宜，开展采煤沉陷区治 理。 同时，长治市科学统筹治理基金使用，以采煤沉陷区综合治理为切入点，撬动全域土地综合整治， 加快绿色矿山建设，实现"源头控制—过程减排—末端修复—产业重构"全链条联动，推动煤矸石科学填 埋和就地消纳。此外，加强产业导入，将光伏产业和农业生产项目融入采煤沉陷区治理中。 长治市制定出台采煤沉陷区生态修复治理整改工作方案，成立市县企三级治理工作专班，逐矿明确 包联责任人，构建项目化实施、清单化管理、专班化推进的工作机制。建立调度通报预警、督查督办机 制。 如何让"乌金"蜕变为"绿金"？近年来，山西省长治市将采煤沉陷区生态修复治理作为绿色低碳转型 的重要抓手，积极探索创新治理模式，推动社会、经济、生态效益相统一。今年已开工采煤沉陷区治理 项目40个，治理 ...

Core Viewpoint - The integration of traditional agriculture and modern technology in Yunnan's tea industry exemplifies the concept of "green development," showcasing a successful model of "photovoltaic + tea garden" that revitalizes ancient tea mountains with contemporary innovation [1][2][3] Group 1: Project Overview - The Huaneng Yunnan Pu'er centralized photovoltaic power generation project has a total capacity of 697 megawatts, covering 12 sub-projects across three counties: Ning'er, Jinggu, and Lancang [2] - The project is expected to generate approximately 1.16 billion kilowatt-hours of electricity annually, sufficient to meet the energy needs of 320,000 households, while saving 380,000 tons of standard coal and reducing carbon dioxide emissions by 920,000 tons each year [2] Group 2: Technological Innovation - The project employs advanced technologies, including Longi Hi-MO 7 and Hi-MO 9 based on advanced BC battery technology, and utilizes drone hoisting technology for construction, enhancing efficiency and minimizing ecological disruption [2] - The combination of photovoltaic panels and tea cultivation has led to improved tea quality, as the panels provide shade that benefits the tea plants, resulting in increased income for local farmers [3] Group 3: Economic and Social Impact - The project is expected to generate approximately 42 million yuan in local tax revenue annually and provide around 177.83 million yuan in rental income for tea farmers over its operational period [2] - The successful implementation of the "photovoltaic + tea garden" model serves as a replicable and scalable solution for promoting ecological, economic, and social benefits in similar regions, aligning with the "Two Mountains" theory [3]

Core Viewpoint - During the "14th Five-Year Plan" period, China's rubber industry has achieved significant progress in industrial scale, technological innovation, structural transformation, and internationalization [1] Group 1: Industry Performance - The rubber industry in China has seen a profit growth of 62.8% compared to 2019, with the number of large-scale rubber product enterprises increasing by 26.3% [1] - The industry's operating revenue has grown by 18%, and the export delivery value has increased by 40.2% [1] - The production of radial tires has risen by 36.7% [1] Group 2: Technological Innovation - Advances in technological innovation include the development of bio-based rubber with significant energy-saving and carbon-reduction effects, and the transition from steam vulcanization machines to electric vulcanization machines [1] Group 3: Industry Upgrading - The industry is accelerating its upgrade from low-end to high-end products, moving towards green and intelligent development [1] Group 4: Internationalization - The rubber industry is actively expanding internationally, with companies establishing factories abroad and increasing export volumes [1] Group 5: Challenges - The industry faces challenges such as rapid capacity expansion, structural contradictions in low-end products, intensified competition, and significant pressure from international anti-dumping and countervailing policies, particularly affecting the tire sector [1] Group 6: Future Directions - The rubber industry aims to focus on green low-carbon, intelligent, high-end, and international development during the "15th Five-Year Plan" period [2] - Emphasis will be placed on promoting green low-carbon transformation in response to domestic and international policy requirements [2] - Accelerating the intelligent upgrade of the entire industry chain is a priority, including automation and smart product innovations [2] Group 7: High-End Development - The industry will focus on increasing the proportion of high-end products in natural and synthetic rubber, enhancing collaboration across the supply chain, and fostering partnerships with academic and research institutions [3] Group 8: Internationalization and Branding - The rubber industry will pursue internationalization and brand development, aiming to enhance product value and build globally recognized Chinese brands [3]

Core Viewpoint - The issuance of the "Opinions" by the Central Committee of the Communist Party of China and the State Council marks the first central document in the field of carbon markets, outlining a long-term development timetable and roadmap for China's national carbon market, aiming for comprehensive coverage by 2027 [1] Group 1: Mandatory Carbon Market - By 2027, the mandatory carbon market will expand its coverage from the current sectors of power generation, steel, cement, and aluminum smelting to include major emission industries in the industrial sector [2][3] - The allocation method for carbon quotas will shift from free allocation to a combination of free and paid allocation, gradually increasing the proportion of paid allocation [3] Group 2: Voluntary Carbon Market - The voluntary carbon market aims to achieve full coverage of key areas by 2027, expanding from current sectors such as renewable energy, methane reduction, energy efficiency improvement, and forestry carbon sinks to include biomass utilization and solid waste treatment [2] - By 2030, the goal is to establish a voluntary carbon market that is credible, transparent, methodologically unified, widely participatory, and aligned with international standards [2] Group 3: Market Mechanisms and Management - The national carbon market will implement total quota control in industries with relatively stable carbon emissions by 2027, with a pre-set total national carbon emission quota to be allocated downwards to enterprises [2] - A mechanism for quota reserves and market regulation will be established to balance supply and demand, enhancing market stability and liquidity while improving risk management capabilities [2]