The Paris conference on climate change has reached Paris Agreement aiming at limiting the greenhouse gas emissions.

ANBOUND's research team is of the view that the conclusion of the Paris Agreement is an important milestone in the global climate efforts, as the world has unprecedentedly reached an agreement on global climate issues with some of the basic, common principles will have certain binding effects on the nations.

China, being one of the largest greenhouse gas-emitting countries will be subject to the restrictions and the guidance under the Agreement, these are both opportunities and challenges for China.