11 February 2018 – The CBEEX published its annual market report for the Beijing pilot ETS. According to the report, 7.53 million tons of allowances have been traded in 2017 with a value of CNY 0.236 billion. Among it, 2.47 million tons were traded at the exchange with a value of CNY 123 million; 5.05 million tons were traded OTC with a value of CNY 113 billion. This means a 3.48% increase of allowances traded with a 0.03% increase in value compared to 2016 values. Exchange trading and OTC trading increased by 0.35% and 5.09%.
The Beijing Government Report, which was announced by the mayor of Beijing, Chen Jining, in the end of January already stated that the CO2 emissions per unit GDP had decreased by 28.2% since the launch of the Beijing pilot ETS five years ago.
http://www.cbeex.com.cn/article/xxfw/xz/bjtscndhq/

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Sino-German Cooperation on Emissions Trading Systems, Carbon Market Mechanisms, and Industry-related N2O Mitigation

Project country
China
Political Partners
German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU); Ministry of Ecology and Environment of the People's Republic of China (MEE)
Implementation Partners
National Center for Climate Change Strategy and International Cooperation of the People's Republic of China (NCSC)
Duration
07/2012 - 09/2022

The project has been supporting the development of ETS in China since 2012. Since the launch of the Chinese national ETS, the project provides support to further refine the ETS and strengthen the political and technical dialogue between China and Germany on carbon market topics. Since 2020, the project also supports the abatement of industry related N2O emissions through capacity building, studies, workshops, and various exchange formats.