Key environmental indicators in Shanghai, such as air and water quality, had improved greatly during the period of the country's 13th Five-Year Plan (2016-2020).

The new guideline is part of efforts to align governance of climate change with environmental conservation.

In December, 2020, China produced 91.2521 million tons of crude steel, a year-on-year increase of 7.75%

Authorities also said they will enhance efforts to clean up the environment.

From January to December, China produced 1053 million tons of crude steel, with a year-on-year growth of 5.16%.

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.

Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia.

The Ministry of Ecology and Environment issued a regulation on carbon emissions trading, along with an allocation plan for emissions quotas on Jan 5. The regulation and the plan will take effect on Feb 1.