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China planner met with coal producers to study profiteering standards

China planner met with coal producers to study profiteering standards

China Energy coal-fired power plant is pictured in Shenyang, Liaoning province, China, Sep 29, 2021. (File photo: Reuters/Tingshu Wang)

BEIJING: China's state planner said on Thursday (Oct 28) that it had met with coal producers and the sector's industry association on Wednesday to study standards and identify methods of profiteering.

The announcement by the National Development and Reform Commission's comes a day after it said it had met with coal producers and the industry association to discuss measures to cool prices, as well as details such as price levels and the time frame for their implementation.

Source: Reuters/ng

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