China launched its national emissions trading system (ETS) in 2021, becoming the world's largest carbon market by emissions coverage. As of April 2025, carbon prices of China's national ETS hovered around ** USD/tCO₂e. The China national ETS builds on the seven pilot projects that have been implemented in seven cities and provinces across the country. These pilot ETS will continue to operate alongside the national ETS, covering emissions not yet included in the national system.
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World Bank. (June 11, 2025). Carbon prices for emissions trading systems (ETS) in China from 2014 to 2025 (in U.S. dollars per metric ton of carbon dioxide equivalent) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 19, 2026, from /statistics/1474955/carbon-prices-in-china-by-ets/
World Bank. "Carbon prices for emissions trading systems (ETS) in China from 2014 to 2025 (in U.S. dollars per metric ton of carbon dioxide equivalent)." Chart. June 11, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 19, 2026. /statistics/1474955/carbon-prices-in-china-by-ets/
World Bank. (2025). Carbon prices for emissions trading systems (ETS) in China from 2014 to 2025 (in U.S. dollars per metric ton of carbon dioxide equivalent). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 19, 2026. /statistics/1474955/carbon-prices-in-china-by-ets/
World Bank. "Carbon Prices for Emissions Trading Systems (Ets) in China from 2014 to 2025 (in U.S. Dollars per Metric Ton of Carbon Dioxide Equivalent)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 11 Jun 2025, /statistics/1474955/carbon-prices-in-china-by-ets/
World Bank, Carbon prices for emissions trading systems (ETS) in China from 2014 to 2025 (in U.S. dollars per metric ton of carbon dioxide equivalent) ÌÇÐÄÆƽâ°æ, /statistics/1474955/carbon-prices-in-china-by-ets/ (last visited July 19, 2026)
Carbon prices for emissions trading systems (ETS) in China from 2014 to 2025 (in U.S. dollars per metric ton of carbon dioxide equivalent) [Graph], World Bank, June 11, 2025. [Online]. Available: /statistics/1474955/carbon-prices-in-china-by-ets/
