The growth of ESG in China has shown that the Chinese government attaches great importance to the issues of ESG and has designed a number of regulations to facilitate ESG development. Despite the increase in the number of Chinese listed companies disclosing ESG information, official statistics from MSCI show that the ESG scores of Chinese A-share listed companies are still relatively low. Since 2015, the Chinese government has successively issued regulations to promote the development of ESG, resulting in an increasing number of companies disclosing ESG information. Through these efforts, the Chinese government is striving to build a sustainable environmental and social governance framework for the growth of a green financial system, in which Chinese companies can perform well.