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China is witnessing an exponential growth in carbon reduction effort and interest in ESG and sustainable investments. Caixin will bring you a timely update with insights on what is happening in the world’s second-largest economy on climate change, impact investing, green finance and more.
Key Questions Facing China’s Carbon Ambitions
Meeting the nation’s 2030/2060 goals for reducing carbon emissions will require a solid foundation of data, measurement and analysis so that there is a clear, quantifiable target, former central bank governor Zhou Xiaochuan says.

Analysis: China Unveils Key Upgrades for National Carbon Market
Beijing plans to finally impose emissions caps on certain industries as early as 2027

CX Weekly Briefing: China Bets Big on Fusion
Also in this week’s roundup: Yuan’s official reference rate against dollar hits strongest level since November, State Council issues guidelines for free preschool

Energy Insider: China Intensifies Crackdown on Hyper Competition, Green Electricity Trading Doubles
Steel industry at risk of missing decarbonization target, polysilicon-makers face inspection

CX Briefing: China Levies VAT on Government Bond Interest Income
Also in today’s rundown: Another insurer under Tomorrow Holding gets license revoked for a spate of misconduct, Nova Fusion bags $500 million in angel funding amid nuclear energy frenzy

Energy Insider: China Pursues the ‘Holy Grail’ of Clean Energy, Solar Installations Plummet
BYD pushes vehicle-to-grid charging in U.K., Beijing names executives of mega dam developer

China Launches National Fusion Energy Firm With $1.6 Billion Investment From SOEs
China Fusion Energy Co. is to lead the development of controllable nuclear fusion technology, mimicking the sun’s energy process

Energy Insider: China Starts Building Super-Sized Dam, Beijing Backs Cross-Grid Power Trading
Export rules for lithium battery tech get tightened, auto industry ordered to tackle ‘irrational competition’

Caixin Weekly | Seeking Answers to the Issue of Excessive Punishments for Minor Offenses
China's draft Environmental Code has sparked debate over excessive minimum fines and proportionality, with over 11,000 public comments collected by June 13, 2024. Many grassroots enforcement officers argue penalties like 20,000–100,000 CNY minimum fines disproportionately burden small businesses, resulting in reduced enforcement and reluctance to penalize. While the draft Code revises some provisions, key concerns over high penalty thresholds and proportionality ("punishment fitting the offense") remain unresolved, prompting calls for adjustments before the planned 2026 approval.

Energy Insider: Clean Energy Begins to ‘Bend’ China’s Emissions Curve, Beijing Approves New Long-Distance Power Lines
Sinopec launches floating solar farm, liquid batteries could stabilize grid

Opinion: How to Unleash China’s Entrepreneurial Spirit
For entrepreneurs, a stable, fair and predictable business environment is indispensable

Caixin Weekly | Indonesia at a Crossroads in Economic Transformation
China-Indonesia economic ties are deepening, with bilateral trade reaching $147.8 billion in 2024 (up 6.1% YoY) and China being Indonesia’s top trading partner for 12 consecutive years. Indonesia aims for rapid industrialization and a transition to green energy (net zero by 2060), but remains heavily reliant on coal, with renewables only 14.1% of the energy mix in 2024. Chinese investment is central in Indonesia's nickel, battery, and EV sectors, but challenges remain in energy transition, talent shortage, infrastructure, and green compliance for exports.

CX Daily: Project to Beat Back the Sahara Struggles to Take Root, Even With Chinese Expertise
China’s surveyed urban youth unemployment rate drops. The country will open its ETF options market to foreign investors starting in October.

‘Massive and Strong’ China Needs to Become Massive and Green, Policy Adviser Says
Cutting consumption of energy and mineral resources is essential to ensure a sustainable future for China, says Huang Qifan

Energy Insider: Beijing Pushes Hydrogen Industry Development, Inner Mongolia Leads in Renewables Installation
Oil giant expands offshore drilling, new long-distance power lines to transmit green electricity

In Depth: Project to Beat Back the Sahara Struggles to Take Root, Even With Chinese Expertise
Despite some modest successes, the Great Green Wall has been hampered by an insufficient budget, climate change and political upheaval in one of Africa’s most unstable regions