Technology will play new role in spurring country's burgeoning digital economy.

China's major steel companies saw their profitability down in the first eight months, the latest data showed.

For the period, the major providers included China, India, Japan and South Korea, according to the Vietnam Steel Association.

According to the U.S. Commerce Department figures, the U.S. steel exports rose 15.3% percent to 500,197 tons from a month earlier, but fell 15.2% from a year earlier. In value terms, U.S. steel exports totaled $647.3 million in August, compared with $602.7 mil...

Crude steel production fell 1.6% to 113,033 tons in August from a year earlier, but 4.1% more than 108,498 tons in July, according to data released by the Colombian Steel Producers Commission.

He also expressed the hope of seeing China and the United States work together again on climate change.

The rise in steel output was mostly due to increased demand, thanks to China's strong economic recovery.

China has over 110 million 5G users and is expected to have more than 600,000 5G base stations by the end of this year.