Aluminum Corporation of China Ltd plans to import 15 million tonnes of coking coal annually from Mongolia Tavan Tolgoi mine in the next three years to ease strained domestic supply.

Chinalco signed the long-term deal with Erdenes MGL LLC, Tavan Tolgoi owner in July. China is the world largest coking coal producer with an annual capacity of over 400 million tons but this can hardly meet robust the demand of domestic steelmakers.

The financial leasing unit of Industrial & Commercial Bank of China Ltd has signed a deal with Commercial Aircraft Corp of China to buy 45 homegrown C919 jumbo jets. ICBC wants to expand its current fleet size of 70 to cash in on the nation's rising demand for air services. The order value was not disclosed. The deal has brought the total number of Comac C919 orders to 145.

Datang International Power Generation Co one of the top five electricity producers in China, said its power generation rose 17.6% year on year to 150.98 billion kW hours in the first nine months on increased demand.

(Sourced from www.thechinaperspective.com)