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[Ministry of Ecology and Environment: Expanding the Coverage of the National Carbon Emission Trading Market to Basically Cover Major Emissioning Industries in the Industrial Sector by 2027] On October 29, the Ministry of Ecology and Environment held its regular press conference for October. Xia Yingxian, Director of the Department of Climate Change, stated that the construction of the national carbon market will be accelerated. First, the coverage of the national carbon emission trading market will be expanded, basically covering major emissioning industries in the industrial sector by 2027. Second, quota control and paid allocation will be implemented. Based on national greenhouse gas emission control targets and the requirements of dual carbon emission control, the focus will gradually shift from intensity control to total quota control, steadily promoting a combination of free and paid carbon emission quota allocation, and orderly increasing the proportion of paid allocation. Third, quotas will be gradually tightened. The coordination between the national carbon emission trading market and industrial policies will be strengthened to enhance the scarcity of quotas, promote more accurate and comprehensive carbon prices that reflect my country's emission reduction costs, and provide clearer price signals for key industry structural optimization and green and low-carbon transformation. Fourth, the construction of a voluntary emission reduction trading market will be accelerated. Fifth, we will strive to enhance the vitality of the national carbon market. We will explore and develop green financial products and services related to carbon emission rights and certified voluntary emission reductions, gradually enrich the types and number of trading entities, and strengthen market transaction supervision. We will establish a scientific and comprehensive methodological system, accelerate the development of methodologies in key areas, and effectively serve the social responsibility for emission reduction and the transformation of ecological value based on the "Two Mountains" theory.