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The regional authorities have rolled out a guideline to encourage investment in large wind and solar power bases in Xinjiang's vast expanse of deserts.

The reading, released every 10 days, is based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions.

So far it has invested in the green and clean wind power industry in Greece, which is an active participant in the Belt and Road Initiative.

Iron-ore set for biggest weekly gain since March on China hopes

Circular economy prompting steel, oil, carbon recovery from end-of-life mine truck tyres

The Indian Steel Association (ISA) has called on the government to look at the volatility in metallurgical coal prices, which it deems to be the main cause of global steel prices increasing over the past year.

China has vowed to generate 3.3 trillion kilowatt hours of electricity from renewable energy by 2025 as part of its plan to further boost its green energy transition during the 14th Five-Year Plan period (2021-2025).

Vale, a global mining company, said it welcomed China's latest resolve to further open to the rest of the world.