Currently, the allowances are distributed to participating emitters free of charge.

The announcement will help stabilize the industrial chain and maintain market stability.

China has made progress in preventing solid waste pollution with strengthened legislation and supervision.

South Africa begins search for new reactor at Pelindaba

These were major goals set in a development guideline jointly released by the Ministry of Industry and Information Technology, National Development and Reform Commission, and the Ministry of Ecology and Environment.

The coal storage in China's power plants reached 165 million tons, up 40 million tons year-on-year, the NDRC said.

The freight trains carried 20,300 metric tons of cargo worth 217 million yuan ($34 million) from Jan 31 to Feb 6.

Zhang said he believes China Baowu Steel Group, and Anshan Iron & Steel (Ansteel) and Benxi Iron & Steel (Bensteel) are potential M&A candidates.