The market-oriented reform of the country's oil and gas sector will give the market a decisive role in the industry, allowing broader participation in a sector dominated by State-owned companies, analysts said.
The mayors of numerous US cities including New York, Los Angeles and Miami agreed to participate, according to Turner's office.
The measure, AB 3262, authored by Assemblyman Mark Stone (D, Santa Cruz) has already passed the state Assembly with a 54-14 vote.
The mine is operated by a local company, Maohua Wantongyuan Coal Mining Co. Ltd.
The merger will see the number of enterprises administered by the central government reduced to 97 from 117 in 2012.
The ministry said that foreign invested companies accounted for less than 3 percent of the country's total, but created nearly half of the foreign trade, more than one fourth of the profits of the industrial enterprises above the designated size and one fifth of the tax revenue.
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The meeting called for all levels of the government to set up work and coordination systems, and for all organizations of all levels and industries to inspect all potential safety hazards.
The market value of the US' three listed garbage sorting companies — Waste Management, Republic Service, and Waste Connections — surpasses billion. Among these Waste Management is top, with a market value of .7 billion.
The ministry released a notice on Friday, reiterating the resolution to stabilize foreign trade and investment as the COVID-19 pandemic has posed severe challenges to the global economy.
The meeting discussed Egypt's participation in conducting experiments as one of the international centers involved in producing coronavirus vaccines in cooperation with China.