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SOURCE / ECONOMY Carbon trading key to 2060 neutrality target By Global Times Published: Jan 26, 2021 06:08 PM View of piles of coal on a quay in Rizhao, East China s Shandong Province Photo: cnsphoto China s securities regulator approved the establishment of the Guangzhou Futures Exchange in South China s Guangdong Province on Friday, making it the fifth futures exchange center in China, raising speculation on whether carbon emission allowance futures will become the first trading class to feature on the index. Apart from the Guangzhou Exchange, China also has the Shanghai Futures Exchange, Zhengzhou Commodity Exchange, Dalian Commodity Exchange and China Financial Futures Exchange. Approved by the State Council, the China Securities Regulatory Commission (CSRC) officially approved the establishment of the Guangzhou Futures Exchange, which will play a critical role in improving the capital market system, Gao Li, spokesperson for the CSRC, said on Friday.

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