Top Biz News

China to set coal industry access system

By Zhao Tingting (chinadaily.com.cn)
Updated: 2010-02-08 14:25
Large Medium Small

Revised Coal Laws will for the first time set the industry access system for the sector, the China Securities Journal reported Monday, citing sources with the China National Coal Association.

The source also said that the revision of the Coal Law and the establishment of the Energy Law were listed in the working plan of the State Council.

Related readings:
China to set coal industry access system China approves Gansu coal mining plan
China to set coal industry access system $60b Aussie coal deal inked
China to set coal industry access system Australian firm secures coal export deal with China
China to set coal industry access system Coal-rich Shanxi urged to adopt low-carbon tech

Sources with the National Energy Administration revealed that some chapters of the Energy Law would be adjusted based on China's energy strategic plan and the global climate change, according to the report.

The draft of the Energy Law involves sustainable use of energy, energy security, energy saving and emission reduction, construction of smart power grid and development of alternative forms of fuel.

The government will first legislate the Energy Law, and then amend the Power Law, Coal Law and Renewable Energy Law accordingly, the report said, citing sources with the China Electricity Council.
Specials
Columnists
China Daily E-paper