Core Insights - The press conference highlighted the importance of high-level ecological protection in promoting high-quality development, with a focus on climate change as a significant global challenge [1][2] - The Ministry of Ecology and Environment has made substantial progress in establishing a national carbon market, which is now the largest in the world, covering over 60% of the country's carbon dioxide emissions [1][2] Group 1: Carbon Market Development - The national carbon emissions trading market has achieved a cumulative trading volume of 714 million tons and a total transaction value of 48.961 billion yuan as of September 18, 2025 [2] - The market has seen improvements in the standardization, accuracy, and timeliness of carbon emissions data statistics [2] - The carbon market is recognized as a significant measure for achieving carbon peak and carbon neutrality, enhancing China's efforts to address climate change [2] Group 2: Regulatory Framework - The Ministry has initiated the establishment of a voluntary greenhouse gas reduction trading market and has issued several key documents to support the carbon market's development [1] - Over 30 regulatory measures have been formulated, contributing to a multi-tiered and relatively complete regulatory framework for the carbon market [1]