The fall in premiums has not come as a surprise as weak demand continues to delay settlements for third-quarter pellet premiums, particularly among Japanese mills.

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

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

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

China's environmental protection sector reported steady revenue growth in 2021 as the country has ramped up green growth efforts.

The foreign trade value of North China's Hebei province reached 313.46 billion yuan ($46 billion) in the first seven months of this year.