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Data gaps hobbling trial carbon markets Xu Nan Liu Shuang August 09, 2012 Seven Chinese regions are due to launch emissions-trading schemes next year. They will struggle to do so, write Liu Shuang and Xu Nan. Late last October, China's top economic planning body - the National Development and Reform Commission - instructed the cities of Beijing, Tianjin, Shanghai, Chongqing and Shenzhen, plus Hubei and Guangdong provinces, to get ready to run carbon-trading trials. These are not China's first experiments with emissions trading. In fact, the country has of late seen a proliferation of exchanges: according to Chinese newspaper 21st Century Business Herald, by the time of last year's announcement, many provinces and cities were already setting up their own carbon exchanges, or "energy and environment exchanges" - which in almost all cases include trading of emissions rights. But to date, the platforms up and running are either voluntary or tied into the UN clean development mechanism. Some places, including Chengdu, Ningxia and Xinjiang, are either considering similar exchanges, or planning to host branches of the Shanghai Environment and Energy Exchange, though these tend to mean nothing more than one employee in a single office. The seven Beijing-backed, mandatory trials kick-started last October represent a new level of ambition, however. Ten months on, how are they progressing? The short answer is: slowly. [...]