The joint venture agreement between China Minmetals Corp and Qinghai province to tap major salt lake resources marks a critical step in advancing China's lithium resource development, particularly in response to global battery industry demand, said industry experts.

China's efforts to bolster energy security took a significant leap forward as its two largest oilfields achieved historic production milestones, underscoring the nation's commitment to enhancing domestic energy supplies amid global uncertainties.

Nearly 800 Chinese and African business leaders will convene in Beijing on Friday to explore innovative pathways for enhancing China-Africa industrial cooperation, China's top foreign trade and investment promotion agency said on Tuesday.

China's contributions to world sustainable development have been reflected by the robust growth of its patents, with a recent report by the country's top intellectual property regulator saying that China had secured top spot in terms of the number of published green and low-carbon patent applications in 2023, recording a year-on-year increase of 20 percent and accounting for over half of the global total.

China's rapid economic growth in recent years has fostered an open and diverse environment with massive business opportunities for multinational corporations, amid further opening-up and industrial reform, a top company executive said.

China will restrict the exports of antimony (stibium) and superhard materials starting from Sept. 15, according to an announcement Thursday.

The announcement, issued by the Ministry of Commerce (MOC) and the General Administration of Customs, noted that some antimony-related items and superhard materials can not be exported without permission.

China stands ready to deepen cooperation with Gulf countries across the entire oil and gas industry chain, and open up new avenues for collaboration in the renewable energy sector including power batteries and photovoltaic facilities, officials and executives said on Friday.

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