Published On: Mon, Nov 22nd, 2010

Chinese Authorities Measures For Soaring Coal Prices

BEIJING – Chinese authorities while taking measures to check soaring coal prices, it directed local government and coal miners to ensure stable prices of coal. The sources from National Development Reform Commission, told news media on Monday, the NDRC (National Development and Reform Commission), to boost self-discipline, the China’s economic planner, has ordered coal producers.

The local government was also ordered by the NDRC, for not to restrict sales of coal outside of their province. Recently the shortage of fuel has occurred in some areas of China and the prices of coal have jumped very high. The sources said, “Domestic coal prices are now higher than the international price due to the high profits of domestic coal producers. Some power-generators had to import coal”.

The sources added, some local government restricted coal sales amid efforts to integrate coal resources. The sources further added, some local governments even sought to require those transporting coal out of their province to first receive permission to do so. To boost safety, China has been integrating coal resources, by merging small ones and closing substandard coal mines.

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Maris Rouse - "Maris has been helping people" she often repeats this line, when asked the reason why? She cheerfully answers. ‘Life is very hard to deal and people due to his/her busy schedules are making it more hectic. I with my entertaining write ups trying to break the monotonous of their lives. So, needless to say anything about her, she joined SHM as an entertainment reporter in the month of September and since then entertainment section of the web portal is under her guidance.