Modernization has paid off for the coal industry

Sector's profits set to remain high, following effort to cut overcapacity

Coal industry profits in China are expected to remain high in the second half of the year, thanks to government efforts to cut excessive capacity and the stable growth of the overall economy, said experts.

"The economic recovery has led to rapid growth in the production of basic materials like coal, steel and chemical products," said Zhang Likuan, an analyst at the China Coal Data Exchange Center.