{"id":8645,"date":"2025-07-25T15:54:42","date_gmt":"2025-07-25T07:54:42","guid":{"rendered":"https:\/\/www.akademisains.gov.my\/asmsj\/?post_type=article&p=8645"},"modified":"2025-08-18T15:39:11","modified_gmt":"2025-08-18T07:39:11","slug":"the-impact-of-the-establishment-of-the-carbon-trading-market-in-china","status":"publish","type":"article","link":"https:\/\/www.akademisains.gov.my\/asmsj\/article\/the-impact-of-the-establishment-of-the-carbon-trading-market-in-china\/","title":{"rendered":"The Impact of the Establishment of the Carbon Trading Market in China"},"content":{"rendered":"

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ASM Sc. J., 20(2), 2025<\/p>\r\n\t\t

Published on July 25, 2025<\/p>\r\n

https:\/\/doi.org\/10.32802\/asmscj.2025.1988<\/a><\/p>\r\n \r\n

Author: <\/strong>Leong Wai Yie and Huang Guang Nan<\/p>\r\n \r\n

Abstract<\/strong><\/p>\r\n\t\t\t

Carbon emission trading has become the main method for global governance of greenhouse gas emissions, covering about 23% of global emissions. As climate issues become increasingly serious, countries or regions seek a balance between profits and environmental protection and formulate strict emission policies. Carbon emission trading not only affects the environment, but also has a significant impact on global trade, promoting green innovation and low-carbon transformation of Chinese companies. This paper compares four models and uses the model in Wang and Ren's article for regression analysis. The results show that the establishment of a carbon trading market has significantly suppressed China's exports of high-polluting products but promoted the export of green products and driven the green transformation of enterprises. It is also proposed that China should gradually improve the carbon trading market, establish a legal system and trading system, promote the green transformation of products, accelerate the green and low-carbon transformation of enterprises, deepen the influence of the international carbon market, and promote the development of global low-carbon undertakings.<\/p>\r\n \r\n

Keywords:<\/strong>\r\n carbon market, carbon trading, climate action, Regression Model <\/p>\r\n <\/div>\r\n\t\r\n\t\r\n\t\r\n\t

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How to Cite<\/h3>\r\n

\r\n 2025. The Impact of the Establishment of the Carbon Trading Market in China. ASM Science Journal<\/em>, 20(2), 1-9. https:\/\/doi.org\/10.32802\/asmscj.2025.1988<\/a> <\/p>\r\n\r\n

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