在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Companies

Inner Mongolia eases rules on coal firms

By Lyu Chang (China Daily) Updated: 2014-07-04 08:43

Inner Mongolia eases rules on coal firms

Coal is loaded for railway transportation in Tongliao, Inner Mongolia autonomous region. Coal miners in the region no longer need local government approval for M&A deals. [Photo/Xinhua]

China's top coal-producing region Inner Mongolia said on Thursday that coal miners no longer need local government approval for corporate transfers or for merger and acquisition deals.

The policy, which took effect on Tuesday, will allow local coal miners to follow the rules of a free market, according to authorities from the region.

Coal miners are being encouraged to restructure their businesses and get involved in upstream and downstream industries including electric power, chemicals and building materials.

Inner Mongolia eases rules on coal firms

Inner Mongolia eases rules on coal firms
Coal hub considered for North China

Resource-rich Inner Mongolia had to relax many policies since last year to boost its coal mining sector. Major producers of the fuel in the region, which is far from being China's most dynamic, have been hit hardest by high transportation costs.

The low calorific content of the region's coal has also made it less competitive.

As of April 30, one-third of the mines in the region, most of which were small, had shut down or suspended production, according to the Inner Mongolia Coal Mine Safety Bureau.

The province's coal output slid nearly 10 percent year-on-year to 302.74 million metric tons during the first four months, official data show.

Stimulus measures that range from cutting administrative fees and transport charges for local miners to increasing financial support for those companies and lowering borrowing costs were launched to help revive the sector.

Media reports said levies for coal were reduced by 4 yuan (65 cents) to 20 yuan a ton last year. Environmental fees were also suspended and some rail charges eliminated.

The eased rules are expected to strengthen the competitiveness of companies with major mines in the area such as Inner Mongolia Yitai Coal Group Co Ltd, Shandong Energy Group Co and Shenhua Group Corp Ltd, experts said.

But they added that sluggish demand from power plants, rising stockpiles and fierce competition from cheaper imported coal have pushed coal prices to drop further this year.

In June, the price of high-calorie coal dropped 17 percent year-on-year to 220 yuan per ton, and coking coal fell to 325 yuan per ton, a drop of 18.8 percent year-on-year, according to the bureau.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 一区| 久久99精品久久久久久水蜜桃 | av色在线 | 亚洲少妇视频 | 91网站在线免费观看 | 女人一级一片30分 | 亚洲成人动漫在线观看 | 日韩欧美一级 | 国产成人综合视频 | 欧洲一区二区 | 三级视频在线观看 | 免费色片 | 精品久久免费视频 | 亚洲va | 成年人网站在线免费观看 | 香蕉成人 | 在线中文av | 午夜精品久久久久久久久久蜜桃 | 日韩欧美在线观看视频 | 黄色资源在线观看 | 91精品国产乱码久久久久 | 成人免费网站在线观看 | 精品一区二区在线播放 | 美女福利网站 | 欧美一级黄色大片 | 欧美一区二区在线观看 | 国产探花视频在线观看 | 欧美视频在线观看免费 | 国产伦精品一区二区 | 欧美日韩一区二 | 人人爱人人草 | 天天综合视频 | 欧美在线网址 | 对白刺激国产子与伦 | 亚洲福利精品 | 91免费黄 | 欧美日韩小视频 | 91精品国产日韩91久久久久久 | 欧美国产日韩在线 | 欧美成人精品一区二区三区 | 国产一级片免费看 |