"2024 Global ESG Leaders Conference" will be held in Shanghai from October 16th to 18th. Lucy Thomas, Managing Director of Sustainable Investments at UBS Group Asset Management, a director, spoke at the event. She mentioned that China plays a crucial role in addressing climate change, stating that it would be nearly impossible to curb climate change without China's participation. The Chinese government's attention to climate change and other environmental issues during the economic transition further demonstrates this point. According to the latest report from Carbon Brief, China's annual carbon emissions are expected to decrease this year, which is a remarkable achievement. China's performance in many green technology sectors is unparalleled. China now controls 80% of the global supply chain for solar panels and has recently become the world's largest electric auto manufacturer. Many countries worldwide admire this and are trying to imitate or seek to achieve diversification in global renewable energy supply. Looking ahead, if the planned installation capacities for solar and wind energy are completed on time, China's total installed capacity of wind and solar energy by the end of this year could easily reach 1,200 gigawatts, six years ahead of schedule."