The State Council executive meeting held on May 23 reviewed and approved the "Action Plan for Green and Low Carbon Development of Manufacturing Industry (2025-2027)", and made arrangements to promote green and low-carbon development of manufacturing industry. Experts interviewed by reporters stated that comprehensively promoting the green and low-carbon development of the manufacturing industry is a fundamental requirement for implementing the new development concept and promoting new industrialization. Relevant deployments will increase support for major green and low-carbon technology research and application, accelerate the green transformation and upgrading of key industries, and continuously enhance the industrial green and low-carbon competitive advantage. The meeting pointed out that promoting green and low-carbon development in the manufacturing industry is the trend, and it is necessary to accelerate green technology innovation and the promotion and application of advanced green technologies, and strengthen the green background of new industrialization. Zhu Keli, Executive Director of the China Information Association and Founding President of the National Research Institute for New Economy, believes that the series of deployments made at the conference focus on the dual logic of global industrial transformation and domestic economic transformation. The deepening of global climate governance requires the manufacturing industry to take a green path, and the domestic economy needs to shift from high-speed growth to high-quality development, which also requires reshaping industrial competitiveness through green technology. The conference made requirements for the green and low-carbon development of both traditional and emerging industries, proposing to promote the deep green transformation of traditional industries, actively apply advanced equipment and technology, and accelerate the green transformation and upgrading of key industries in combination with the implementation of policies such as large-scale equipment updates. It also proposed to lead the high starting point green development of emerging industries, increase the promotion of clean energy and green products, and improve the level of resource recycling. Traditional industries are not synonymous with backwardness, and can be revitalized through technological innovation, equipment upgrading, and management optimization. ”Zhu Keli believes that the focus of traditional industry transformation is to promote the green reconstruction of the entire production chain with systematic thinking. Among them, the policy of large-scale equipment updates is a key lever to leverage green transformation. The implementation of policies should focus on targeting, prioritize the upgrading of inefficient equipment in high energy consuming industries, and provide financial and tax incentives to reduce enterprise costs. At the same time, device updates need to be deeply integrated with digitization and intelligence to maximize the marginal benefits of energy efficiency improvement. Liu Xiangdong, Deputy Director of the Research and Information Department of the China International Economic Exchange Center, believes that in the current trend of green and low-carbon development, the development of emerging industries should avoid the old path of "pollution first, treatment later". This requires emerging industries to integrate green technologies, processes, and standards throughout their planning and development, thereby driving the overall economic system towards low-carbon development and cultivating new industrial advantages for participating in international competition. It is suggested to actively promote the promotion and application of clean energy and green products in the next step, establish a regional renewable resource trading platform, and use IoT technology to monitor the entire process of solid waste generation, transportation, and disposal in key enterprises in real time, effectively develop green economy and circular economy, and improve the level of resource recycling. The green transformation of China's economic and social development continues to deepen. Taking the new energy industry as an example, in April this year, the production of new energy products such as new energy vehicles and charging piles increased by 38.9% and 43.1% respectively. At the same time, China is solidly promoting the energy-saving and carbon reduction transformation of key industries, strengthening the promotion and application of advanced green and low-carbon technology and equipment, and continuously reducing the energy consumption of industrial units above designated size in key industries. In addition, the meeting also proposed to strengthen the research and development of common technologies, improve standards in key areas, optimize relevant policies, improve green manufacturing and service systems, and better support and assist enterprises in transformation and upgrading. Liu Xiangdong believes that current enterprises still face constraints such as funding, standards, and industrial chain coordination in green transformation and upgrading, and the pace of green transformation of upstream and downstream enterprises in the industrial chain is not consistent. It is suggested to strengthen technological breakthroughs and standard guidance, focus on key products such as steel, electrolytic aluminum, lithium batteries, and new energy vehicles, clarify energy efficiency benchmark values, accelerate the development of a batch of carbon footprint accounting standards, and accelerate green technology innovation and the promotion and application of advanced green technologies. Promote the collaborative transformation of the industrial chain, guide leading enterprises to disclose supplier carbon footprint data, and encourage upstream and downstream enterprises in the industrial chain to implement energy-saving and low-carbon transformation. Innovate green financial tools, expand the issuance scale of carbon neutral bonds, and solve the financing difficulties of enterprise transformation. (New Society)