国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Industries

China's coal output, investment decline

Xinhua | Updated: 2013-05-30 09:54

BEIJING - China's coal output and investment both witnessed declines in the first four months of 2013, statistics from the China National Coal Association (CNCA) showed on Wednesday.

The country's coal output in the January-April period stood at 1.15 billion tons, down 2 percent from the same period last year, while fixed asset investment in the coal mining industry declined 6.6 percent, according to the association.

The business revenues of the country's major coal producers in the first quarter declined 2.6 percent from the same period last year, with their profit down 40.3 percent, said Wang Xianzheng, president of the CNCA.

The industry has been affected not only by weak demand in the domestic and international market as the world economy enters recession but also a vast amount of cheap coal imported into China, Wang said.

He added that soft demand has made the country's stockpiles bigger and bigger. As of the end of March, China's coal stockpiles reached 292 million tons, 150 million more than the normal inventory, making it difficult for the industry to bring the figure down.

Coal imports have kept growing as their prices are more competitive. In the first four months, China imported a total of 110 million tons of coal, up 25.6 percent over the same period last year, according to the CNCA president.

The slow-but-sure development in clean energies such as wind power and solar energy has also put a dent in the coal industry, noted Bu Changsen, Chairman of Shandong Energy Group Co.

However,the overcapacity of the industry at present should not conceal the fact that China still faces a shortage of supply in the long term as the country is expected to continue with a fast GDP growth of around 7 percent in the years to come, added Wang.

To solve this conflict, he suggested, the coal industry should vigorously carry out structural adjustment such as promoting coal gasification, which can change the status of coal from a mere fuel product into a raw material for making other products.

China is the world's largest producer and consumer of coal, with official data showing the country's coal production reached 3.65 billion tonnes in 2012.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
宜黄县| 溧阳市| 苏尼特左旗| 昔阳县| 扎赉特旗| 绍兴县| 蛟河市| 博客| 萨迦县| 阳江市| 佳木斯市| 准格尔旗| 柞水县| 长葛市| 长阳| 恩平市| 杭锦后旗| 普格县| 东港市| 江达县| 济宁市| 宝坻区| 遂平县| 西藏| 虞城县| 历史| 开封市| 托里县| 大丰市| 渝中区| 达尔| 普陀区| 舞钢市| 大姚县| 广宗县| 昌乐县| 华宁县| 高雄县| 西丰县| 弋阳县| 新蔡县|