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China has been closing down its steel mills, partly to cut overcapacity but more importantly to fight air pollution. Steel mills are largely responsible for severe air pollution in Hebei province, next to Beijing.

China eats more meat than any other nation - twice the amount consumed by people in the United States - and a campaigning Hong Kong business is launching a more sustainable, plant-based diet that it says has less impact on global warming, but all of the taste.

China has confidence it will maintain steady trade growth with improving quality in 2020 despite sluggish global demand, Li said, citing the country's solid trade foundation and vitality of market players.

China has a very significant role in the world today. It is the second largest economy in the world, and developments and issues in China have a huge impact on the global stage in many aspects, including trade, the environment and social development. For most companies, China is almost impossible to ignore, not only as a huge and important market but also as a key player in the global supply chain and the availability of resources and talent.

China granted export quotas for refined oil products to non-State-owned refineries in 2016 but canceled the quota due to a less than satisfactory completion rate.