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The State Council, China's Cabinet, has issued an action plan for peaking the country's carbon emissions during the 15th Five-Year Plan (2026-30), setting 2030 targets that include cutting carbon dioxide emissions per unit of GDP by 17 percent from 2025 levels and raising the share of nonfossil fuels in total energy consumption by 3.3 percentage points to 25 percent.
In the first six months since island-wide special customs operations were launched, Hainan Free Trade Port has delivered robust economic results, with duty-free sales surging, trade expanding and the FTP's cross-border financial account system gaining significant traction.
