综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Industries

Slump in Shanxi's coal industry

(Xinhua) Updated: 2015-07-29 09:31

TAIYUAN - Coal mines in North China's Shanxi province face a bleak future, with a continued slump in the fortunes of an industry that was once the backbone of the local economy.

Shanxi's coal industry lost more than 4 billion yuan ($644 million) in the first half of 2015 as government curbs on the polluting sector took their toll, official statistics indicated on Tuesday.

Coal production reached 463 million tons during the first six months, a year-on-year decrease of 3.2 percent. Meanwhile, coal storage climbed to 47 million tons, up 35 percent compared with the beginning of 2015 and accounting for almost half of China's total inventory.

The industry has now suffered losses for 12 consecutive months.

The Shanxi government has controlled the growth of coal production in recent years in the hope of shaking off the economic mode of relying heavily on coal resources. The provincial government is approving no new coal mines for the next five years to tackle overcapacity.

Meanwhile, banks in China have issued a variety of restrictive financing measures for coal-related industries, including raising the financing threshold for coal producers and lowering loan scales.

"It will be difficult to reverse the situation in the coal market," said Pan Yun, deputy head of the Shanxi Academy of Social Sciences.

"On one hand, the economic slowdown will cap demands for coal. On the other, the country has increased efforts to save energy and reduce emissions. The rising proportion of alternative energies including hydropower and natural gas will also reduce demand for coal," Pan added.

Hot Topics

Editor's Picks
...
聂荣县| 拜城县| 庐江县| 长垣县| 昭苏县| 民丰县| 青海省| 威远县| 当阳市| 花莲县| 五指山市| 信阳市| 卢龙县| 弋阳县| 安西县| 景洪市| 洛川县| 太保市| 开化县| 公主岭市| 于都县| 如东县| 安徽省| 德清县| 卓资县| 城步| 宜章县| 潢川县| 靖州| 上高县| 鄯善县| 利津县| 二手房| 沛县| 时尚| 龙泉市| 达拉特旗| 葵青区| 云浮市| 永嘉县| 曲阳县|