In order to accelerate the realization of the goal of achieving the carbon peak by 2030 and carbon neutrality by 2060 and ensure “Just Transition” during CO2 emission reduction，China has issued a series of measures for systematize carbon emissions trading management. In this study，the evolution of China’s and global carbon trading systems has been reviewed and the initial stage of the national carbon market transaction has been investigated by a six-stage trend analysis. It reflects the pilot experience of Shanghai carbon market formed a complete set of carbon trading mechanisms. After the Shanghai carbon market was upgraded to a national carbon market，the system evolved in a more inclusive and universal direction. With the launch of the national carbon market，Shanghai is responsible for the construction of the trading system，which has a significant driving role for enterprises to reduce emission reduction costs through trading and obtain more funds for energy transition. As a supplement to the carbon market，the Carbon Neutral Action Alliance and the carbon inclusive mechanism have improved the green financial system. Relatively，it is also essential to continue to improve the framework design，carbon audit，consumer balance and carbon pricing to achieve a higher marketized and commercialized stage of carbon market.