China, buying products worth $11.455 billion from Peru in 2017, has become the primary market for the South American country, the Chamber of Commerce of Lima (CCL) announced on Tuesday.

China is eyeing more overseas opportunities for its offshore drilling and completion technologies at high-temperature and high-pressure gas fields

China's special steel enterprises have successfully developed an array of high-tech and high value-added products to break the monopoly of established rivals, including those in France, the United States and Japan.

China's steel industry shines again on capacity cuts in 2017 and better quality

China's steel industry notched up a creditable achievement last year.

China's first steel fund to be jointly launched by private and State-owned enterprises was set up in North China's Shanxi Province on Tuesday, domestic news site chinanews.com reported.

The government has released new policy to ensure zero growth of production capacity in steel, cement and plate glass industries and to continue capacity replacement measures this year, Economic Information Daily reports, citing the announcement of the Ministry of Industry and Information Technology (MIIT) on Monday.

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