Wu Yin: China’s coal output should be limited in 2011-15 period

Thursday, 12 August 2010 17:42:45 (GMT+3)   |  

Wu Yin, deputy director general of the Energy Department at China's National Development and Reform Commission (NDRC), has stated at the 2010 China International Coal Development Forum that domestic coal output should be restricted in the 12th five-year plan period (2011-2015).

China's coal output exceeded 3 billion mt in 2009, accounting for 40 percent of the world's total coal output, Mr. Wu said.

Meanwhile, Mr. Wu remarked that coal industry concentration is at a low level in China, with the top ten coal enterprises' holding 20 percent of the market. In comparison, the top ten companies hold 46 percent in the US, 50 percent in Australia, and 60 percent in South Africa. China will accelerate the reorganization of coal enterprises in the 12th five-year plan period with the aim of boosting industry concentration, Mr. Wu said.


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