Core Viewpoint - The NGTC has launched a digital solution for gold and jewelry traceability, addressing industry challenges and enhancing trust through digital technology [1][2] Industry Overview - China is the largest jewelry consumption market globally, with over 224,000 jewelry enterprises and approximately 4 million people employed in the sector. The market size is estimated at 800 billion yuan, with a compound annual growth rate of 6.3% over the past five years [1] - The jewelry industry is undergoing a transformation towards digitalization, intelligence, internationalization, and branding, with around 80% of testing institutions adopting digital upgrades [1][2] Digital Solution Features - The digital solution is based on a unique identification system ("one item, one code, one certificate") that provides each piece of jewelry with an unalterable digital identity, ensuring traceability from production to sale [2][4] - The solution includes two core components: the "Baoshu Code" and NGTC's digital certificate, which together enhance operational efficiency for businesses and build consumer trust [2][4] Market Trends - The jewelry industry is experiencing a shift from scale expansion to value cultivation, characterized by consumption upgrades, accelerated industry transformation, and a rebuilding of the market trust system [2][3] - The emergence of Digital Product Passports (DPP) allows for electronic access to product data, proving product origin and identity in global trade [3] Technological Integration - Advanced technologies such as AI, big data, IoT, blockchain, and new materials are significantly impacting the jewelry industry, driving innovation and transformation [6] - The NGTC aims to enhance its technological capabilities and develop internationally advanced testing technologies and standards [6] Application in Supply Chain - The digital solution facilitates traceability from raw material extraction to sales, ensuring that each product is verified and linked to its digital identity throughout the supply chain [5] - In traditional sales, products are tested and assigned digital certificates before sale, allowing consumers to access product information easily [5]

Core Viewpoint - The forum focused on "creating digital product passports to support sustainable trade development," highlighting the importance of energy innovation and digital empowerment in achieving ESG goals and industrial upgrades [1][3]. Group 1: Energy Structure and Challenges - The global energy structure is still dominated by fossil fuels, accounting for 80% of the total energy mix, with significant regional disparities in energy reliance [3]. - Non-OECD countries in regions like Asia-Pacific and the Middle East continue to heavily depend on fossil fuels, resulting in high carbon intensity, while OECD countries have lower carbon intensity due to decreasing coal usage [3]. - The upcoming EU Carbon Border Adjustment Mechanism (CBAM) and Digital Product Passport (DPP) regulations will pose significant challenges for developing countries outside the EU [3]. Group 2: Opportunities in Energy Transition - Historical data shows that global wind and solar power installations have increased by tens of thousands to hundreds of thousands of times over the past 30 years, with China nearing a 500,000-fold increase by 2024, showcasing a new low-carbon development path [3][4]. - Achieving net-zero emissions by 2050-2060 requires an annual growth rate of over 8%-10% in zero-carbon energy or faster growth in negative carbon technologies [3]. Group 3: AI and Energy Innovation - The synergy between AI and energy is seen as a major trend for energy innovation, focusing on clean, low-carbon, and efficient energy solutions [4]. - The "AI + Energy" action plan released by the National Energy Administration and the National Development and Reform Commission is a response to the growing energy demands of AI data centers [4]. Group 4: Trade and Investment Opportunities - The EU's CBAM and DPP should be viewed as opportunities rather than just challenges, as China's green products like photovoltaics, lithium batteries, and electric vehicles can provide significant carbon reduction benefits during their usage phase [5]. - The DPP can transform invisible environmental benefits into visible, inclusive real-world assets, attracting investment and financing to create a new paradigm for development in the Global South [5].

Core Viewpoint - The 2025 Gulangyu Forum on ESG and Sustainable Industrial Development Innovation successfully held in Xiamen focused on "Building Digital Product Passports to Support Sustainable Trade Development" and aimed to enhance the international sustainable trade system through collaborative initiatives [1][3][29]. Group 1: Forum Overview - The forum attracted over 400 participants from government, international organizations, industry think tanks, and leading enterprises to discuss the current status and trends of sustainable trade [1][3]. - The event was co-hosted by various organizations, including the Xiamen Municipal Government and the Green Finance 60 Forum (GF60), highlighting the collaborative effort in promoting sustainable trade [1][3]. Group 2: Key Discussions - Experts emphasized the importance of Digital Product Passports (DPP) in enhancing supply chain resilience and sustainable trade, with the EU set to implement DPP requirements by February 2027, making it essential for exporting companies [6][8]. - The forum addressed the intersection of international trade and climate policy, particularly through mechanisms like the EU Carbon Border Adjustment Mechanism (CBAM), which taxes imports based on carbon content [8][10]. Group 3: Initiatives and Recommendations - The "Gulangyu Initiative" was launched to promote international cooperation, fair trade, and sustainable development, calling for a collaborative approach to build a credible trade system [29][31]. - Recommendations included government support for enterprises to prepare for DPP requirements, financial institutions providing green credit for technological upgrades, and companies updating products to meet new EU standards [15][19]. Group 4: Industry Perspectives - Various industry leaders discussed the need for enhanced carbon transparency and the establishment of a unified carbon footprint standard to improve competitiveness in the international green trade system [38][40]. - The integration of digital technologies and low-carbon solutions was highlighted as a pathway for industries to achieve sustainable development and meet international trade requirements [22][42].