These projects will bring "rigorous risks and challenges" to the environment, it said.

"These efforts would result in a big cut to emissions—which would be amplified by synchronization across markets," she said.

China's industrial output, an important economic indicator, rose 24.5 percent year-on-year in the first quarter of this year, as the country's industrial production rebounded steadily, according to the National Bureau of Statistics on Friday.

Although China saw rapid development of the solid waste management and recycling sectors, it still faces great challenges, Song said.

Australian Vanadium applies to patent unique processing flowsheet

Chinese coking coal futures surged almost 6% on Friday, climbing to a three-month peak, after some major coal-producing regions ramped up their safety inspections, stoking supply concerns.

China's coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust industrial activity.

Benxi Steel announced on April 15 that the company received a notice from the indirect controlling shareholder Benxi Steel Group Co., Ltd.