国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

US EUROPE AFRICA ASIA 中文
Business / Industries

China's coal output suffers record fall last year

(Xinhua) Updated: 2015-01-30 09:27

China's coal output suffers record fall last year

Workers monitor a coal cleaning facility at Shenhua Ningxia Coal Industry Group Co Ltd in Yinchuan, the Ningxia Hui autonomous region. [Photo/Xinhua]

BEIJING - China's coal output may have dropped 2.5 percent in 2014, the first fall since 2000, according to an industrial report released on Thursday.

Over 70 percent of the enterprises in the coal sector suffered losses last year, according to a report by the National Coal Association (CNCA).

Weak demand, overcapacity and cheap imports have compounded the sector's woes, said Jiang Zhimin, vice president with CNCA.

China's coal capacity is over 4 billion tons, with another one billion under construction and amounts to over 90 percent of the country's total energy resources.

Ratings agency Fitch holds no hope for a meaningful upswing in coal prices in 2015. Substantial capacity investments from previous boom years are still being digested, while demand has weakened.

 

Hot Topics

Editor's Picks
...