Low-carbon Economy launches China's economic development engine, experts say

A number of experts said that the future Low-carbon economy will become the engine of China's economic development.　　They are present on September 17 by the European Union Alumni Association and the Chinese University students environmental Education base and other units hosted by the "First super-thaw Low Carbon Economic Summit Forum" to make the above statement. Tang, head of CDM at China's Datang group, said future carbon trading would be promising. As long as economic costs are poor, he says, the carbon trading market will exist. The main variables for future impact are the European Union, the United States, China, and Japan. In the future, the international market will develop into multiple regional multi-level market forms. And the current problems, first, the policy level for the construction of the market credit system, and secondly, the establishment of the data system.　　Third, the Low-carbon economy can not quickly drive the economic development. Huang Lin, deputy director of Soochow Securities Research Institute, said Low-carbon could be the engine of China's economic development. China's gas emissions have been rising and developing faster globally. Therefore, we have a lot of business opportunities in the process of governance. A Low-carbon economy can spur employment in China and may become a new economic engine. Huang Lin points out that the carbon market has been generated since the Kyoto Protocol's low carbon emissions limit. Britain, the United States, the European Union have carbon exchanges, we have such exchanges in China, but the scale is not big enough, the product is not rich enough, Carbon trust products also emerged.