Chinese energy official reiterates stepping up coal mining consolidation

09:42, November 10, 2010      

Email | Print | Subscribe | Comments | Forum 

China will accelerate mergers and acquisitions within the coal mining industry and promote construction of large-scale coal production bases, National Energy Administration Director Zhang Guobao said Tuesday.

These moves are conducive to protecting the nation's coal mine resources, conducting intensive explorations, bolstering industrial structural adjustments and boosting the industry's efficiency, Zhang said at a coal mining industry conference held in Beijing.

Further, Zhang encouraged state owned mine enterprises to initiate mergers and acquisitions under the joint-stock system, and he also urged promoting the integration of mining rights in new mining areas in Shaanxi,Shanxi and Guizhou provinces, the Inner Mongolia Autonomous Region, and Ningxia Hui Autonomous Region.

The Chinese government has been pushing for consolidation in the coal mining industry to reduce the number of old, unsafe mines to improve work safety and protect the environment.

China shut 1,355 small coal mines with production capacity of 125.19 million tonnes in the first nine months of this year, according to earlier data released by the National Energy Administration.



  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
  • A man wearing high-heel shoes takes part in the 3rd annual Walk a Mile in Her Shoes, an event when men literally walk in women's shoes to raise awareness about ending violence against women, at Yonge-Dundas Square in Toronto, Canada, Sept. 29, 2011. (Xinhua/Zou Zheng)
  • Photo taken on Sept. 29, 2011 shows a cargo ship in danger on the sea near Zhuhai City, south China's Guangdong Province. Cargo ship Fangzhou 6 of Qingzhou of southwest China's Guangxi Zhuang Autonomous Region lost control after water stormed into its cabin due to Typhoon Nesat on the sea near Zhuhai Thursday, leaving 12 crew members in danger. Rescuers rushed to the ship and saved them by using a helicopter. (Xinhua)
  • Actress Gong Li poses for L'Officiel Magazine. (Xinhua Photo)
  • Demonstrators from the Occupy Wall Street campaign hold placards as they march in the financial district of New York September 29, 2011. After hundreds of protesters were denied access to some areas outside the New York Stock Exchange on September 17, demonstrators set up a rag-tag camp three blocks away. Zuccotti Park is a campground festooned with placards and anti-Wall Street slogans. The group is adding complaints of excessive police force against protesters and police treatment of ethnic minorities and Muslims to its grievances list, which includes bank bailouts, foreclosures and high unemployment. (Xinhua/Reuters Photo)
Hot Forum Discussion