CHINA MINING News

KINSHASA, May 14 (Xinhua) -- President of the Democratic Republic of the Congo (DRC) Felix Tshisekedi said on Thursday that he attaches great importance to DRC-China relations and intends to deepen mining and infrastructure cooperation with Chinese companies.

China will adjust tariffs on some steel products to lower import costs as part of efforts to push the industry's upgrading and transformation.

GUANGZHOU - The 129th session of the China Import and Export Fair, also known as the Canton Fair, concluded online on Saturday.

BEIJING, April 22 (Xinhua) -- China aims to reduce the share of coal in its energy mix to less than 56 percent this year, according to a guideline released by the National Energy Administration (NEA).

The proportion was 56.8 percent in 2020 and 57.7 percent in 2019.

BEIJING, April 16 (Xinhua) -- China's economy grew 18.3 percent year on year in the first quarter of 2021, as strong domestic and foreign demands powered recovery from a low base in early 2020 when COVID-19 stalled the world's second largest economy.

China's decarbonization drive prompts strategic repositioning of companies

China's oil giants are planning to ramp up natural gas production and use more green, low-carbon methods to reach carbon neutrality, after their profits fell last year due to the COVID-19 pandemic and plummeting international oil prices.

Rio Tinto Group Plc, the world's biggest iron ore miner, is anticipating huge growth opportunities in China, after the country, which accounted for more than half of its global revenue last year, reiterated its intent to reduce carbon emissions earlier this month, a top company official said.

Firms are buoyed by nation's energy transition, clear targets on emissions, carbon neutrality

Multinational corporations have said China's ambition of peaking its carbon emissions by 2030 and reaching carbon neutrality by 2060 will bring tremendous opportunities for their business development in China.