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  • China to decrease coal capacity by above 150 million tons in 2017

    2017-03-07 17:18:51   [Print]
    In the report of government’s work on March 5, China will decrease coal capacity and steel by above 150 million tons and 50 million tons respectively.Asian Metal Copyright Meanwhile, China will also eliminate, stop and delay production of coal power of above 5,000kva.Asian Metal Copyright Meanwhile, China will also eliminate, stop and delay production of coal power of above 5,000kva.

    Governments of Shanxi, Hebei, Henan, Guizhou and so on have published specific objectives of reduction of coal capacity in 2017 so far. Shanxi and Henan’s objectives of reduction of coal capacity in 2017 are 20 million tons, ranking first and second.

    We need to enforce laws and regulations of environmental protection, energy consumption, quality and safety strictly and promote mergers and reorganization of enterprises and bankrupcy liquidation. We should eliminate substandard backward production capacity and control new capacity of excess industry.

    The annual targets of capacity reduction of 2016 are to decrease 45 million tons of steel capacity and 250 million tons of coal capacity. This means the target of capacity reduction decreased by 100 million tons from 2016.

    "State Council’s opinion on reducing excess capacity of coal industry to achieve develop” was published in February last year and proposed that China will take 3-5 years to decrease coal capacity by about 500 million tons.

    .Asian Metal Copyright Meanwhile, China will also eliminate, stop and delay production of coal power of above 5,000kvaAsian Metal Copyright
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