Establishing and improving the carbon trading market are currently important ways for governments to control greenhouse gas emission and respond actively to global climate change, whereas clarifying its developmental status and motivation are the fundamental premises pushing forward carbon trade. From the perspective of the international and domestic scopes, this study analyzes the formation, current status, characteristics, and future trends of the carbon trading market, which is seen as part of the feedback mechanism of the natural economic social complex ecosystem. In this study, the core interest of international climate negotiations, financing demand for emissions reduction, and currency hegemony are considered as determinants of the globalization and financialization of the carbon trading market. Empirical analysis is applied to define the developmental status and accomplishment of China's carbon market. The development of China's carbon trading market has a phased, large-scale, imbalance, build up carbon trading policy system based on pilot area and other characteristics..Carbon trade pilot projects in seven locations, including Beijing, were officially in operation, the increased trading volume of which has built up the preliminary carbon trading policy system. Considering the rapid growth of China's economy, a large increment of carbon emission, strong dependence on energies, unbalanced regional development, special status of state-owned companies, economic development dominated by government, and an insufficient peripheral security system, it is necessary to improve the carbon sink trading system and establish a nationwide carbon trading market. This paper describes the anticipated developmental trends, such as scale increase, financialization, system maturation, and development into a world carbon trading market with power of disclosure, for China's carbon trading market.