In December 2020, there have been three regional pilot ETSs – Fujian, Guangdong and Tianjin – which published their allowance allocation plans for the year 2020.
According to the “(Trial) Administrative Measures” (draft for public comments) issued by the Ministry of Ecology and Environment (MEE), the companies covered by the regional ETS from 2019-2020 will be exempted from the national emission trading system for the corresponding years.