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China currently has 100,000 gas stations nationwide, with more than half of them owned by two State-owned oil giants: China National Petroleum Corp, which is the nation's largest oil and gas producer by annual output, and Sinopec.
China has been witnessing massive overcapacity in its iron and steel sector and has vowed to reduce capacity. It plans to eliminate 100 million tons to 150 million tons of crude steel capacity in the five years from 2016. In 2017 alone, the country slashed its crude steel production capacity by more than 50 million tons, exceeding its annual target, as part of efforts to improve the competitiveness of the bloated sector.
China has entered a new innovative era thanks to the large amounts of capital China has invested to encourage innovation, said Bernhard Schwartlander, World Health Organization representative in China.
China has launched a pilot national park project for Siberian tigers and Amur leopards, spanning an area of over 1.46 million hectares in the provinces of Jilin and Heilongjiang. Construction of the national park is scheduled to be completed this year.
China has also continued its efforts in toilet revolution in the tourism industry. A total of 22,300 toilets have been built in domestic tourist attractions this year, surpassing the annual target set in a three-year action plan (2018-2020) by 17 percent, Li Hong, director of the ministry's public service department, said.