In order to reduce carbon emissions, the EU Emissions Trading System (EU-ETS) arises and has entered into the third phase, but the market of EU carbon emission transaction is long-term low, its cause not only results from that carbon emission right is no longer scarce but also from the shift of carbon emission by foreign trade. By using monthly time series data during January of 2005-June of 2013, this paper analyzes the relationship between the carbon price and the import-export trade volume of China’s carbon-intensive industry to EU, and the results show that EU carbon price boosts the export volume growth in short-term of China’s carbon-intensive industries to EU but produces adverse impact in long-term, under the action of China’s resolution of overcapacity, industrial transformation and upgrading and so on, however, this kind of negative influence will gradually weaken and become balanced. Currently, China has implemented powerful self-emission-reduction action, EU should not continue to charge carbon-tariff on China’s carbon-intensive industries but China should set up and perfect national uniform carbon emission transaction market to help the related industries to smoothly realize transformation and upgrading.