China plans to establish national standards for corporate sustainability disclosure by 2030 to make Chinese companies' reports of ESG-related issues compatible with and comparable to those of their peers, the South China Morning Post reported on May 29. The Finance Ministry opened up draft guidelines on disclosures on May 27, and according to the proposal, the ministry will introduce basic regulations for corporate sustainability and climate-related disclosures by 2027 and a nationwide standard by 2030.