China discovered a total of 124 new mineral deposits in 2023, marking significant progress in both oil, gas and mineral exploration, according to a report released by the Ministry of Natural Resources on Tuesday.
According to the report "China Mineral Resources 2024", by the end of 2023 China's coal reserves increased by 5.6 percent compared to the end of 2022, and the remaining technically recoverable reserves of oil and natural gas increased by 1.2 percent and 2.6 percent, respectively.
The reserves of metal minerals increased by more than 30 percent, and the reserves of nonmetallic minerals also increased significantly, said the report.
The report highlighted major breakthroughs in oil and gas exploration within large basins such as the Tarim Oilfield, the Junggar Basin and the Bohai Oilfield. Notable progress has also been made in the exploration of minerals such as coal, copper, gold, lithium and phosphorus.
"China's investment in mineral exploration has seen growth for three consecutive years, discovering 124 new mineral deposits in 2023. The country's supply of major mineral products increased steadily, energy output hit a record high, and the energy structure continued to optimize," said Yu Haiyang, director of the Strategic Planning Division of the ministry's Mineral Resources Protection and Supervision Department.
China discovers 124 new mineral deposits in 2023: report
Visiting Chinese Foreign Minister Wang Yi said Saturday China is willing to work with Lesotho to strengthen exchanges on governance experience, enhance coordination in multilateral affairs, and advance the China-Lesotho strategic partnership.
Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with Lesotho Prime Minister Sam Matekane in the capital of Lesotho.
During the meeting, Wang congratulated Lesotho on the 60th anniversary of its independence this year, and spoke highly of Lesotho government's efforts to prioritize economic development and steer the African country onto a path of sustainable growth. Since the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) in 2024, the two sides have advanced cooperation under the 10 partnership action plans unveiled at the summit, successfully implementing a number of key projects to effectively promote Lesotho's development and revitalization, Wang said.
China stands ready to work with Lesotho to strengthen exchanges on governance experience, enhance coordination in multilateral affairs, and push for greater development of the China-Lesotho strategic partnership, he added.
Calling on the two sides to firmly support each other, Wang said that China will accelerate the implementation of its zero-tariff policy for African countries, including Lesotho, expand bilateral trade, investment and industrial cooperation, facilitate broader access of Lesotho's specialty products to the Chinese market, and continue to support Lesotho's national development.
China will continue to stand firmly with African countries, uphold justice for the Global South, including Lesotho, oppose unilateralism and acts of bullying, and work together to build a community with a shared future for humanity, Wang said.
On his part, Matekane said during the meeting that Lesotho cherishes its friendship with China and the strategic partnership between the two countries, and expressed gratitude for China's valuable support for the development of African countries, including Lesotho.
Lesotho firmly adheres to the one-China principle and resolutely supports China in safeguarding its core interests, he said, noting that his country stands ready to strengthen strategic mutual trust with China, expand people-to-people exchanges, jointly implement the outcomes of the FOCAC Beijing Summit, and deepen cooperation in areas such as infrastructure, manufacturing and energy.
Matekane stressed that China's zero-tariff policy for African products will inject new impetus into Lesotho's development. He also expressed Lesotho's willingness to strengthen solidarity and cooperation with China on multilateral platforms such as BRICS to jointly address global challenges.
On the same day, Wang also held talks with Lejone Mpotjoana, minister of foreign affairs and international relations of Lesotho.
China, Lesotho to strengthen exchanges, advance cooperation
China, Lesotho to strengthen exchanges, advance cooperation
