The long-awaited free trade agreement finalized between China and Australia on Monday in Canberra will significantly boost Australia's commodities market, especially its coal industry.

Hebei Iron and Steel Group Co Ltd has taken a controlling stake in Switzerland-based Duferco International Trading Holding, a move that will help China's largest steel producer expand its presence in the global markets.

Hebei Iron & Steel, the largest steel long product maker in Northern China has announced its construction steel guidance prices for mid-November contracts.

Chile plans to raise its renewable energy use from 6 percent now to 20 percent of total energy use by 2025, which will mean investment opportunities for Chinese

The Three Gorges Power Plant, the world's largest hydropower project, generated over 800 billion kilowatt-hours (kWh) of electricity since its first turbine generator was put into operation in 2003.

China has issued further guidance to support and modernize its shipping industry, saying it would encourage mergers and private investment as well as develop its cruise industry.

The Ministry of Industry and Information Technology is expected to deliberate on plans by three Chinese rare earth companies to consolidate the rare earth industries this week, Shanghai Securities News website reported Tuesday.

Chinese steel companies produced a record amount of crude steel in the first nine months, despite the government's efforts to thin the sector, according to an industrial report on Wednesday.