Driven by innovation, the stainless steel industry in Ningde, southeast China's Fujian Province, has grown significantly in recent years.

Meanwhile, 63.41 million tonnes of thermal coal were stored in 363 power supply plants as of Aug. 31, which could ensure power generation for 25 days.

Rio Tinto will account for 54 percent of the joint venture while China Baowu will account for 46 percent.

The commission said China's leading role in the research of the framework will help the global energy transition.

China-Kazakhstan business cooperation is expected to experience rapid growth in the coming years, as both countries actively promote regional connectivity.

The province reported its steel production dropped 8.47 percent year-on-year in the first six months.

The composite index for coastal bulk freight gained 1.9 percent week-on-week to 1,098.7, said the SSE.

China ups support, regulations for market to increase participation, meet green goals.