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China set up Sansha municipality in 2012. The city government is located on Yongxing Island, the largest of the Xisha Islands in the South China Sea.
China produced fewer mobile phones last year as home market gradually becomes saturated. Shipments of domestic mobile phone brands fell by 12.4 percent year-on-year to reach 436 million last year, official data showed.
China started to import solid waste as raw materials to make up for the domestic shortage of resources in the 1980s, but some companies have illegally smuggled "foreign garbage" into the country for profit, damaging the environment and public health.
China produces around 80 percent of the world's supply of rare earths. However, the country's rare-earth industry faces problems such as smuggling, illegal mining and production, lack of innovation and environmental protection issues.
China was the third-largest inbound M&A investor in the US in 2016, with deals worth .6 billion. In the first half of 2017, however, China ranked only ninth, with .1 billion worth of deals, according to a report from international law firm White& Case.
来源：资阳报