China’s thermal coal futures fell as much as 7.5per cent on Thursday after the state planner warned companies against inflating coal prices and reiterated it would ensure enough supply to stabilise markets. The most-active thermal coal futures on the Zhengzhou Commodity Exchange were down 3.5per cent at 836.2 yuan a tonne by 0330 GMT, after .
China will set up new central government-owned conglomerates focussing on strategic emerging industries at an appropriate time, the State Assets Supervision and Administration Commission (SASAC) said on Thursday. State-owned giants in the world’s second-biggest economy should step up innovation and strengthen tech research for industrial machines, high-end chips, new materials and new energy vehicles, the .
China will set up new central government-owned conglomerates focusing on strategic emerging industries at an appropriate time, the State Assets Supervision and Administration Commission (SASAC) said on Thursday.