The figure represents a fall of 7.7 percent in volume but an increase of 21.8 percent in value year on year, according to the association's statistics.

Company's locomotive components now meet strictest quality standards in the world, granting it access to every market.

On a monthly basis, China's PPI remained flat last month compared with the 0.1-percent rise in May.

Aussie firm plans RM1bil plant in Sarawak

Erected on seawater, an array of photovoltaic panels glow in the sun while fishermen paddle between them.

In China, an enterprise with annual revenue of more than 20 million yuan ($2.99 million) is deemed relatively large.

Energy efficiency in sectors including iron and steel, petrochemicals, non-ferrous metals and building materials will have reached an internationally advanced level by then, according to the plan.

In the week ending on July 2, 2022, domestic raw steel production was 1,767,000 net tons while the capability utilization rate was 80.9 percent.