The new Sustainability Charter is organised into 9 principles with 20 associated criteria, which cover environmental, social, governance and economic aspects of sustainability.

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"I was told that these projects can generate a combined annual output value of 13.2 billion yuan, once they are operational," Wu said.

China's top economic planner has called for further improving the price-formation mechanism in the coal market to guide price movements within a reasonable range.

After completion, the logistics park's annual volume of transshipment cargo is expected to reach 16.2 million tons.

More efforts will also be made to improve the performance of safety features in auto batteries and their ability to withstand low temperatures, he added.