A similar project that transmits power from Baihetan to Jiangsu Province in the east was put into use in July.

This means that renewables, which have lower individual production costs, end up having to share the price burden of more expensive fossil fuels.

A mega solar and wind power base kicked off construction in China's seventh-largest desert on Wednesday.

Thanks to the large-scale development of clean energy, especially solar and wind power, consumption of fossil fuels is expected to decrease by 3.15 billion ton standard coals during the 2030-60 period, Dai said.

Prices of key metals are likely to fall in 2023 but are still above 10-year averages, according to Fitch Ratings.

Shanxi began to operate the China-Europe freight train service in 2017, with the first train to Europe departing from Zhongding on Feb 15 that year.

Bonluck Bus is the first Chinese bus manufacturer to enter the Australian market.

Many world-leading technological innovations with independent intellectual property rights have emerged from the railway.