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The commencement of mining, he said, was significant to the people in the town as the new project implies more business opportunities for residents.

The company announced its 2025 Sustainability Goals earlier this year, seeking long-term sustainable growth in areas including smart agriculture, water stewardship, circular packaging and climate action.

The commission will urge the exchange to make full preparations to ensure the steady operation of trading.

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The comments came a day after China reported slightly slower growth for the second quarter and the weakest expansion in factory activity in June in two years.

The comments came after the Ministry of Commerce said last week that big names such as Exxon-Mobil Corp, BMW Group, Siemens AG, LG Group and Toyota Motor Group have added investment and expanded production capacity in the country. Global companies' reinvested earnings grew by 25.5 percent on a yearly basis in the first three quarters of this year in US dollar terms.

The committee urged the government to adopt a clear strategy by 2020 to replace the current policy of "muddling through" when it comes to relations with Beijing.

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The comments came after the US and EU issued a joint statement in Washington pledging to pull back from the brink of a trade war and to open talks aimed at reducing trade barriers.

The coloratura soprano has been active in the international opera and music scenes for about 20 years, having played roles such as Princess Pamina in the Metropolitan Opera House production The Magic Flute, Chochosan in Puccini's Madame Butterfly and Madame Snake in the Pulitzer Prize-winning opera Madame White Snake by Zhou Long.

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The company has also developed Link Turbo technology, an artificial-intelligence-powered feature that allows simultaneous downloading via Wi-Fi and 4G networks for maximum throughput.

The coffee house now operates in more than 30 international markets, with over 4,000 coffee shops globally. Costa Coffee now has more than 500 stores in China since it entered the market in 2006.