日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Coal sector set to meet consolidation goals

By Wan Zhihong (China Daily)
Updated: 2008-01-07 11:30

Compared with other industries, such as information technology and retailing, which have experienced significant merger and acquisition (M&A) activity in recent years, China's coal sector has been relatively quiet.

However, under a national coal industry policy published last year, the industry is set to experience increased consolidation.

China will build six to eight coal enterprises each with a capacity of 100 million tons, and eight to 10 coal enterprises with a capacity of 50 million tons, according to the National Development and Reform Commission (NDRC), the nation's top economic planning body.

These groups are expected to contribute more than half of China's coal output of 2.6 billion tons in 2010.

"More M&As will occur in the coal industry, in order to boost the competence of Chinese coal producers in the world," Liang Dunshi, vice-chairman of the China Coal Transport and Distribution Association, tells China Business Weekly.

China produced 2.4 billion tons of coal in 2006 but its 80,000 coal companies produced an average of just 30,000 tons.

The country has started a nationwide campaign to close small coal mines, which account for one-third of China's total production but two-thirds of the deaths resulting from colliery accidents.

With the average output remaining low, China's coal companies need to regroup to make better use of their resources, says Pu Hongjiu, vice-chairman of the China National Coal Association.

Large companies will have more resources if they acquire small ones, says Huang Qing, secretary to the board of directors of Shenhua Group, which produced 203 million tons of coal in 2006 to become China's first coal company to pass the 200-million-ton milestone.

The country's second largest coal producer, China National Coal Group, produced 90.6 million tons of coal in 2006. At present in China there are 10 coal enterprises, which have a capacity of over 30 million tons.

Large coal enterprises are encouraged to develop other business, such as power generation and railway and port transportation, according to the industry policy.

They are also encouraged to participate in other sectors such as the metallurgical, chemical, construction material and transportation industries.

"Like the nation's largest coal enterprise, Shenhua, which has diversified its business into coal, power and transportation, more Chinese coal producers will turn their eyes to other businesses," Liang says.


(For more biz stories, please visit Industry Updates)

   1 2   


Related Stories  
主站蜘蛛池模板: 欧美在线网址 | 久久精品影视 | 国产精品91在线观看 | 中文字幕――色哟哟 | 国产精品免费一区二区 | 久草国产视频 | 天天在线免费视频 | 久久久久久久久影视 | 免费黄色av网址 | 国产精品久久久久久亚洲毛片 | 亚洲视频二 | 国产少妇精品 | 成人在线中文字幕 | 色姑娘综合网 | 精品日韩一区 | 亚洲精品一区在线观看 | 亚洲精品高清在线 | 成人久久网站 | 日本一区二区三区免费视频 | 午夜精品久久久久久久久久久久 | 青青青视频在线 | www.色综合 | 人人爽爽人人 | 久久视频在线免费观看 | 国产成人精品一区二区三区视频 | 国产精品福利在线观看 | 日韩精品一区二区三区在线 | www黄色在线观看 | 天天操夜夜夜 | 91精品国产乱码久久 | 亚洲国产日韩一区 | www.婷婷.com| 欧美一级免费片 | 日韩精品播放 | 欧美成人精品欧美一级乱黄 | 久草视频在线免费播放 | 精品一区二区在线播放 | 久久久久久久99 | 看黄网站在线观看 | 午夜剧场伦理 | 成人精品999|