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

Zhanjiang is now promoting the construction and production of its steel and petrochemical industries.

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

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

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

In its initial stage, the railway will have 77 stations and allow trains to travel at 120 km per hour.