CHINA MINING News

Tax cuts, fee reductions to support market players highlighted during Li's inspection

Premier Li Keqiang has pledged stronger measures to ensure the supply of commodities and rein in their prices, saying that the government will extend support to businesses struggling to cope with rising costs and prevent a possible surge in consumer prices.

BEIJING -- Chinese authorities have admonished key enterprises in the bulk commodity sector to rein in market irregularities and keep commodity prices stable, according to the National Development and Reform Commission (NDRC).

The fifth World Intelligence Congress, a major artificial intelligence (AI) event in China, kicked off in north China's Tianjin Municipality on Thursday, highlighting frontier AI technologies and applications.

BEIJING - China will work to ensure the supply of commodities and keep their prices stable, to maintain steady economic performance, the State Council's Executive Meeting chaired by Premier Li Keqiang decided on Wednesday.

While enjoying the benefits brought about by the multilateral trading system, China has become the largest contributor since its accession to the World Trade Organization (WTO) in 2001, said Yi Xiaozhun, former deputy director-general of the WTO on May 14.

KINSHASA, May 14 (Xinhua) -- President of the Democratic Republic of the Congo (DRC) Felix Tshisekedi said on Thursday that he attaches great importance to DRC-China relations and intends to deepen mining and infrastructure cooperation with Chinese companies.

China will adjust tariffs on some steel products to lower import costs as part of efforts to push the industry's upgrading and transformation.

GUANGZHOU - The 129th session of the China Import and Export Fair, also known as the Canton Fair, concluded online on Saturday.