In recent years, the construction of China's carbon emission trading market has been steadily promoted. Since October 2011, China has launched pilot projects for local carbon emission trading markets in Beijing, Tianjin, Shanghai, Chongqing, Guangdong, Hubei, Shenzhen and other places. As of December 29, 2023, the Shanghai carbon emission trading market has attracted more than 1,860 units to open accounts for trading, with a cumulative trading volume of 240 million tons and a cumulative turnov