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Chinese authorities have introduced 73 recommended group standards for carbon footprint accounting, focusing on key products like hydrogen, through a joint release by multiple ministries on February 2, 2024. Following this, an 'Implementation Plan on Establishing a Carbon Footprint Management System' was issued on June 4, 2024, aiming to enhance carbon footprint management and develop standards for products such as electricity, steel, and new energy vehicles, with a phased approach to standard adoption.