Zhongtai Securities' Feng Yidong: Suggests optimizing the carbon emission tax system and further improving the carbon emission rights trading market.

On the occasion of the National People's Congress and the Chinese People's Political Consultative Conference in 2026, Feng Yidong, a member of the National Committee of the Chinese People's Political Consultative Conference and general manager of Zhongtai Securities, suggested optimizing the carbon tax system and further improving the carbon emissions trading market. Firstly, it is proposed to increase the types of carbon quota taxes, strengthen the control of carbon quota holding and excess emissions. Secondly, establish a linkage mechanism between carbon quota holding tax and the national storage and cancellation mechanism to strengthen the control of total carbon emissions. Finally, build a differentiated carbon tax mechanism based on "regional cooperation and industry classification" to promote the optimization of regional industrial layout.