The national carbon trading market now covers 2,162 companies, all of which are electricity companies.

An analyst said green hydrogen will play an important role in interconnecting renewable energy and decarbonization within industrial systems.

North China-based facility to provide clean power to nearby enterprises.

However, success has come at a cost－high carbon emissions.

Among 21 surveyed manufacturing sectors, 12 sectors saw an improvement in PMI reading in August.

The upgrades, targeted to promote clean production and improve efficiency, have brought about both environmental and economic benefits.

Profits at China's industrial companies fell in the first seven months of this year as the country grapples with pandemic-related disruptions, high temperatures and insufficient domestic demand.

A total of 16 out of 41 major industries saw growth in profits in the January-July period, and 14 of them reported growth of over 5 percent.