The coal industry is in a critical period of turnaround and transformation and development.


Release time:

2016-01-12

Original title: the coal industry is in a critical period of turning losses out of difficulties and transformation and development) according to Wang Xiaolin, deputy director of the State Energy Administration of Xinhua News Agency, said a few days ago that at present, China's coal industry is in a critical period of turning losses out of difficulties and transformation and development, and it is necessary to effectively change the mode of development. Wang Xiaolin said at the 2016 National Coal Fair held in Inner Mongolia that from the perspective of domestic coal production capacity, the national coal production capacity exceeds 4 billion tons, and the production capacity under construction and suspended construction is still about 1.1 billion tons, which will aggravate the pressure of oversupply in the market. From the perspective of the international coal market, it is also facing problems such as corporate losses and mine closures. According to Wang Xiao

Original title: The coal industry is in a critical period of turnaround and transformation and development)
 
According to Xinhua News Agency, Wang Xiaolin, deputy director of the National Energy Administration, said a few days ago that at present, my country's coal industry is in a critical period of turning losses and transforming development, and it is necessary to effectively change the development mode.
 
Wang Xiaolin said at the 2016 National Coal Fair held in Inner Mongolia that from the perspective of domestic coal production capacity, the national coal production capacity exceeds 4 billion tons, and the production capacity under construction and suspended construction is still about 1.1 billion tons, which will aggravate the pressure of oversupply in the market. From the perspective of the international coal market, it is also facing problems such as corporate losses and mine closures. According to Wang Xiaolin's analysis, factors such as the slowdown in my country's macroeconomic growth, the acceleration of non-fossil energy development, the increase in energy conservation and emission reduction, and the decline in the output of high-energy-consuming products will all inhibit the growth of coal demand.