China is on track to relaunch a suspended program that could help boost the country s efforts to deal with the challenges posed by climate change, officials and experts said.
The worsening in Chinese demand conditions over the near term has sent iron ore prices into a tailspin, and the outlook for the rest of the year could be just as bleak.
Iron ore price plunges nearly 9% on demand woes mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
In moves to accelerate the country's low-carbon transition, several central government bodies have vowed beefed-up measures to further tap the potential of market and financial mechanisms, hoping to motivate more private and foreign investment to help tackle climate change.