The CarbonX Program was initiated by Tencent. It unites industry, investment and ecological partners to invest 100 million yuan in catalytic funds to promote the large-scale application of cutting-edge low-carbon technologies. The second phase of the Carbon Search Plan focuses on innovative CCUS, carbon removal, and long-term energy storage technologies, and publicly solicits plans from global innovative technology teams to create demonstration projects and incubate start-ups with positive economic potential. At the same time, it helps build basic capabilities for cutting-edge low-carbon technologies.