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China's coal-producing province to curb production [Copy link] 中文

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Post time 2016-1-28 19:42:40 |Display all floors
TAIYUAN - North China's Shanxi province, one of the country's major coal-producing provinces, plans to maintain its coal production within 1 billion tons in next five years, the provincial government said on Thursday.

Speaking at the annual meeting of the provincial legislature which opened Wednesday, the government proposed a five-year development plan to curb overall production, adjust structur ...

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Post time 2016-1-28 19:42:50 |Display all floors
The transformation of coal to more efficient forms like electricity or chemicals is the way to go for Shanxi. China still needs power. Shanxi should upgrade to generate electricity from its abundant coal and then tap into the national grid to sell the electricity generated. Likewise with chemicals. Central government should subsidize Shanxi in this transformation. In the long run it will benefit all.

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