China's coal consumption continues to drop
Updated: 2015-11-18 10:00
(Xinhua)
|
|||||||||||
BEIJING - China's coal consumption continued to decrease in the first ten months this year, according to the China National Coal Association (CNCA) on Tuesday.
Coal consumption hit 3.23 billion tons during the January-October period, down 4.7 percent year on year, continuing a downward trend that began last year, according to CNCA data.
Economic slowdown, rapid growth of non-fossil fuel and falling production of products that use a lot of energy were cited as influencing factors, CNCA pointed out.
Coal production fell 3.6 percent year on year in the first ten months and the total loss posted by coal producers surged 32.9 percent in the first three quarters this year due to falling coal prices, according to CNCA.
Coal will remain the major source of China's energy and consumption and prices may stabilize in the latter half of 2016, CNCA added.
Related Stories
No end in sight for coal industry's four year winter 2015-08-24 16:15
Coal firms in the red as prices fall 2015-11-03 07:58
China to cap coal consumption 2015-10-29 09:04
China embracing low-carbon model incentivizes others to follow: report 2015-10-17 14:57
Coal hub seeks its place under the sun 2015-08-26 07:25
Today's Top News
France, Russia launch more strikes against IS
England fans sing French national anthem
France requests European support in Mid East
Hollande pressed to amend foreign policy
Editorial: No double standard on terror
UK press united in condemning Paris attacks
Xi calls for global unity to combat terrorism
Attacks in Paris prompt China to boost security
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
|
|
|
|
|
|












