China s top economic planner vowed to exert more pressure to prevent profiteering on coal, in a bid to stabilize coal prices in a long run and supply for power generation.
China’s top economic planner on Tuesday vowed to resort to all necessary means based on the country’s price law, mulling concrete measures to intervene in coal prices, as the official stance grows harsher on runaway coal prices that have put energy supplies at stake.
The National Development and Reform Commission (NDRC), China’s top economic planner vowed on Wednesday that railway companies and responsible authorities should prioritize the coal transportation to secure the coal supply for domestic power generation.
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