Coal output to be hiked, says NDRC
By Yang Ziman | China Daily | Updated: 2016-09-29 06:59
Economic regulator frees part of mothballed capacity to rein in excessive price increases
China's top economic regulator - the National Development and Reform Commission - gave the greenlight to bring back onstream some frozen coal production capacity in order to head off coal prices rising excessively, it announced on Wednesday.
The capacity involved was previously taken offline in order to tackle inefficiencies and unprofitability related to overcapacity in the sector.
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