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China unveils plan to raise coal output by 11% by 2015

03-23-2012 14:07 BJT

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The latest fuel hike was seen by some as China’s efforts to make its economy more energy efficient. In that strain, the country’s top economic planner said on Thursday it would slow the pace of its coal output.

As the world’s largest producer and importer of coal, China said it plans to raise its coal output by 11 percent over four years to 3.9 billion tons by 2015 -- indicating a growth of around two percent a year, down from previous growth rates of above 10 percent a year.

The plan, compiled by the National Energy Administration, says China will encourage more imports and support local firms to acquire foreign coal assets, possibly through a special fund. China imported a total of 182.4 million tons of coal last year, with net imports of 167.7 million tons.

The report said China needs to improve its energy efficiency and curb coal consumption in an attempt to reduce pollution.



Editor:Zhang Rui |Source: CNTV.CN

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