As coal accounts for a major part of China's energy consumption, efforts are needed to make scientific coal exploration plans.

China accounts for more than 20 percent of the company's total sales volume, Machkevitch stated.

The agreement will establish a multi-level commodity trading market system and win China more of a say in the pricing of metals.

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The listed futures at the Shanghai Futures Exchange are eight contracts to be delivered from February to September of 2020.

The meeting decided to promote market reform of electricity transactions and reduce the cost for enterprises on power consumption.

Rio Tinto signs MOU with China's Baowu Steel Group, Tsinghua University to reduce carbon emissions.