December 03, 2008

Chinese coal output in 2007 grows by 8.2% YoY

According to the news from China Administration of Work Safety China's coal output reached 2.523 billion tonnes in 2007 up by 8.2% YoY as compared to 2006.

However, of the total coal output, the output of small sized coal mines went down by 7% YoY as compared to 2006.

According to the analysis of the Economic Situation of China's Coal Industry in 2007 recently completed by the China Coal Industry Association China's coal industry has been riding on a trend of rapid development, ameliorative structure, preferable benefits and stable operation in 2007. Meanwhile, some problems remain, including low productivity, pressure on natural resources and the environment and historical issues.