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Mergers and reorganizations to speed up the "14th Five-Year Plan" will set up 10 billion-ton coal enterprises

 Last Update: 2021-11-06
 Source: Internet
 Author: User

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On March 3, the "2020 Annual Report on the Development of the Coal Industry" (the "Report") issued by the China Coal Industry Association showed that the national coal output in 2020 will be 3.

During the "Thirteenth Five-Year Plan" period, the coal industry's goal of overcapacity reduction has been exceeded

While reducing production capacity, the quality of the coal supply system has been significantly improved

In addition, the strategic restructuring of coal enterprises has accelerated

The report pointed out that one of the key tasks of the "14th Five-Year Plan" is to promote the transformation and upgrading of the coal industry

The concentration of the coal industry will increase substantially in the future

The report believes that the quality of the coal supply system will be steadily improved in 2021, the medium and long-term coal contract prices will be stabilized in a reasonable range, and the market price will maintain a basically balanced trend

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