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Coal reserve plan a bid to tame prices

By Yu Tianyu | China Daily | Updated: 2008-09-02 07:56

The government will revise coal legislation to include a strategic coal reserve by 2015, as it tries to tackle soaring prices.

Industry analysts said the strategic reserve would help to keep the coal price down.

The revised legislation will outline the process, supervision and penalties involved in the proposed reserve.

Coal reserve plan a bid to tame prices

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