Help | Sitemap | Archive | Advanced Search | Mirror in USA   
  CHINA
  BUSINESS
  OPINION
  WORLD
  SCI-EDU
  SPORTS
  LIFE
  FEATURES
  PHOTO GALLERY

Message Board
Feedback
Voice of Readers
China Quiz
 China At a Glance
 Constitution of the PRC
 State Organs of the PRC
 CPC and State Leaders
 Chinese President Jiang Zemin
 White Papers of Chinese Government
 Selected Works of Deng Xiaoping
 English Websites in China
Help
About Us
SiteMap
Employment

U.S. Mirror
Japan Mirror
Tech-Net Mirror
Edu-Net Mirror


 
Tuesday, May 16, 2000, updated at 09:06(GMT+8)
Business  

China Increases Coal Export

China exported 15.99 million tons of coal in the first four months this year, representing an increase of 4.9 million tons over the same period last year.

Zhang Baoming, director of the State Administration of Coal Industry, said the coal sector is exhibiting a favorable growth trend and the excess supply of coal in some parts of the country has been diminished. Moreover, coal prices rose moderately, he said.

Zhang expects the country's coal export to top 38 million tons by the end of this year.

China is the world's largest coal producer, turning out 1.2 billion tons annually, or one third of the world's total.

However, China exports only 30 million tons of coal annually, accounting for merely six percent of the world's total coal trade.

To expand coal export is of great significance for the sustainable development of the country's coal industry, as it can effectively reduce the coal stockpile and create a balance between coal supply and demand.

The official noted that the increase of coal exports will open the country's coal sector wider to the rest of the world.




In This Section
 

China exported 15.99 million tons of coal in the first four months this year, representing an increase of 4.9 million tons over the same period last year.

Advanced Search


 


 


Copyright by People's Daily Online, all right reserved