[Policy Update] MOFCOM and Eight Other Departments Issue "Notice on Implementing the Green Consumption Promotion Action"

📰 News Highlight

The Ministry of Commerce (MOFCOM), in collaboration with eight other departments including the National Development and Reform Commission (NDRC) and the Ministry of Ecology and Environment (MEE), officially released the "Notice on Implementing the Green Consumption Promotion Action". This policy outlines a strategic roadmap for green consumption during the "15th Five-Year Plan" period (2026-2030).

⚙️ Core Components

1.       Green Products Supply: Expanding the supply of high-quality green products, including certified agricultural goods, eco-friendly home appliances and furniture, and new energy vehicles.

2.       Green Services Development: Promoting green services such as catering, accommodation, and housekeeping to meet growing demand for sustainable lifestyles.

3.       Incentives & Support Policies: Providing financial and fiscal support to reduce the cost of green consumption and encourage enterprises to adopt green business models.

💡 Key Takeaways

1.       Green Goes Mainstream: Green consumption shifts from a niche choice to a mass-market standard, embedding sustainability into everyday spending.

2.       Finance as a Catalyst: Green finance and consumer credit help close the price gap, accelerating adoption of sustainable products.

3.       Supply Chain Transformation: Green service standards drive end-to-end supply chain upgrades, boosting demand for sustainable packaging, waste management, and energy-efficient infrastructure.

[Market Update] BTG Homeinns Partners with Alipay and Ant Forest to Launch "Green Stay" Initiative

📰 News Highlight

BTG Homeinns Hotels (Group) officially announced a deep strategic partnership with Alipay and Ant Forest in Shanghai. This collaboration integrates low-carbon and environmental protection concepts into the entire hotel stay experience. Following the Ministry of Commerce's recent "Notice on Implementing Green Consumption Promotion Actions," this initiative introduces innovative incentives—to encourage sustainable lifestyle choices.

💡 Key Takeaways

1.       Green & Low-Carbon Stay: Guests are rewarded for reusing linens and bringing their own toiletries through app-based incentives.

2.       Clean Plate Initiative: Interactive dining tools encourage food waste reduction with Ant Forest rewards.

3.       Public Welfare Forest: Saved energy is converted into real tree planting via a dedicated Ant Forest partnership.

[Carbon Market]

During January 12 – January 16, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 2,959,630 tons, with a total transaction value of USD 28,563,874.73. The highest price was USD 10.63/ton, and the lowest price was USD 9.00/ton. For bulk agreement transactions, the volume was 2,842,000 tons, with a transaction value of USD 27,251,580.03.