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POSCO No. 1 Steel Competitiveness of the World, 7 Times in Row, 5 Consecutive Years

China could invest as much as $5.7 trillion by 2035 to find, produce and save energy, accounting for 15 percent of global spending in the sector, a report from the International Energy Agency said on Thursday.

Around 6.7 billion yuan ($1.1 billion) was misappropriated in building and operating China's key trans-regional power transmission project, the country's top auditing office revealed on Monday.

China still relies too heavily on coal for power, with nuclear power seen as the route to an optimized energy structure and cleaner growth.

Production of iron ore in China, the world's biggest consumer of the key steelmaking ingredient, will climb to a record this year as bigger mines open, adding to a global glut that's depressing prices.

National Development and Reform Commission (NDRC) convened Chinese power generation enterprises recently and held a symposium to solicit opinions on power system reform. Direct power purchase mode was discussed on the symposium.

China's power consumption rose 5.2 percent in the first five months from a year earlier, official data showed on Saturday.

National Development and Reform Commission (NDRC) held a meeting on China’s power supply in summer recently. It was agreed on the meeting that overall power supply was loose this summer but it was tight in some areas.