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Baowu Group, which was created from the merger of Shanghai-based Baosteel Group and Wuhan Iron& Steel Group in 2016, wants to boost its annual capacity to between 80 million tons and 100 million tons by 2021, and to become a global steel industry leader with annual output of 100 million tons by 2025, said Wang Guoqing, director of Lange Steel Information Center.

Bai Ming, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, said to encourage companies to explore the international market, a good environment and political support is needed, such as the previous measures on export tax refunds and adjustments in value-added tax.

Bai said that these changes, along with other socioeconomic policies and environmental regulations outlined in the study, could help reduce livestock emissions in China by almost half.

Baodi has a population of 926,700 with six streets and 18 towns, with a majority of suburban population of up to 720,000."So the preventions have become much more difficult," the district's director Mao noted.

BUDAPEST - Chinese Premier Li Keqiang on Monday announced the establishment of the China-Central and Eastern European Countries (China-CEEC) Inter-Bank Association in the Hungarian capital city of Budapest.