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].

Core Insights - The article emphasizes the accelerating global green transition and the increasing consensus on sustainable development, highlighting the role of ESG (Environmental, Social, and Governance) principles in transforming international trade dynamics [2] - The upcoming 2025 Gulangyu Forum will focus on sustainable trade and the implementation of digital product passports (DPP) as a key tool for promoting high-quality sustainable trade development [4][5] Group 1: ESG and Sustainable Development - ESG principles are driving systemic changes in international trade, with a significant rise in demand for environmentally friendly technologies and low-carbon products [2] - The Xiamen Action Plan aims to enhance ESG practices, focusing on green industrial transformation and creating new competitive advantages in international cooperation [3] Group 2: 2025 Gulangyu Forum - The forum will take place from September 9, 2025, as part of the 25th China International Investment and Trade Fair, focusing on the integration of green and digital initiatives [4] - The forum will gather representatives from government, international organizations, academia, and leading enterprises to discuss policy trends and share practical experiences in sustainable trade [6] Group 3: Key Initiatives and Themes - The Gulangyu Initiative will be launched to foster global cooperation in sustainable trade, presenting a "China solution" for international sustainable trade systems [5] - The forum will explore the core topic of digital product passports (DPP), discussing global development trends and industry practices to guide green low-carbon transformation [7]

Core Insights - The article emphasizes the transformative impact of ESG (Environmental, Social, and Governance) principles and digital technologies on international trade, highlighting the shift towards sustainable trade as a key driver for economic growth and climate change response [1] Group 1: Sustainable Trade and Digital Product Passport (DPP) - Sustainable trade is emerging as a crucial mechanism for addressing climate change and is evolving into a new engine for economic growth, focusing on industrial restructuring, trade rule reform, and supply chain management upgrades [1] - The Digital Product Passport (DPP) is identified as a vital tool for promoting high-quality sustainable trade by providing essential information throughout the product lifecycle [1] Group 2: Xiamen's ESG Development Action Plan - Xiamen City has launched the "ESG Development Action Plan (2025-2027)" aimed at fostering a new industrial green transformation, enhancing international cooperation, and driving high-quality development through an ESG framework [2] - The DPP will support Xiamen's ESG initiatives and help establish a public service platform for sustainable trade, enhancing the city's competitive edge in international openness [2] Group 3: Upcoming Forum and Initiatives - The 25th China International Investment and Trade Fair (CIFIT) will take place in Xiamen from September 8 to 11, 2025, focusing on the integration of "green and digital" themes to create high-level cooperation platforms [2] - The "2025 Gulangyu Forum: ESG and Sustainable Industrial Development Innovation Forum" will be held on September 9, 2025, gathering representatives from government, international organizations, and leading enterprises to discuss sustainable trade [3] Group 4: Forum Highlights - The forum will launch the "Gulangyu Initiative" to unite global cooperation efforts and contribute to the development of a sustainable trade system, showcasing Xiamen's actions in the sustainable development field [4] - It aims to create a high-level platform for practical cooperation and exchange of ideas among diverse stakeholders, including government, academia, and industry leaders [5] - The forum will focus on DPP-related topics, exploring global development trends and industry practices to provide guidance for green and low-carbon transformation [6]