Brazilian mining company Vale expressed optimism about the growth prospects of the Chinese economy and asserted its strategic position to contribute to China's high-quality development.

Prices of the capital goods monitored by the Chinese government were lower in mid-January compared with early January, official data showed Wednesday.

China will continue to uphold its dominant position in the global shipbuilding market this year.

In 2023, the imports of high-tech products in Beijing reached 341.28 billion yuan, up 27 percent year-on-year, exceeding 300 billion yuan for the first time.

Iron ore shipments from Western Australia's (WA) Port Hedland rallied in December, although 2023 exports were below 2022 as increased sales to India and Vietnam were offset by reduced deliveries to China and Japan.

Monthly output marginally lower.

UK-Australian mining firm Rio Tinto shipped 331.81mn t of iron ore from Western Australia (WA) in 2023.

But weaker Japanese demand weighed on overall Australian hard coking coal exports.