Core Viewpoint - The 2026 China Chief Economist Forum held in Shanghai emphasized the theme "Chess in the Middle Game: Building a Strong Nation" and highlighted the development of a carbon governance mechanism over the next five years, focusing on carbon accounting as a foundation for market opportunities in carbon and electricity sectors [1][3]. Group 1: Carbon Governance Mechanism - The future carbon governance mechanism will include local carbon assessment, local carbon control, enterprise carbon management, project carbon evaluation, product carbon footprint, and international carbon coordination [1][3]. - Carbon accounting will be essential for accurately determining peak carbon emissions, formulating reduction pathways, and facilitating effective coordination in international trade [1][3]. Group 2: Market Opportunities - Two significant market opportunities are anticipated: the expansion of the carbon market and the differentiation in the electricity market, where green and non-green electricity will have distinct value differences [1][3]. - The marketization of green energy pricing and application will be driven by these developments, making carbon accounting-related fields a key area for investment focus [1][3].