DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/mcfwpf/coal_industry_in) has announced the addition of the "Coal Industry in China" report to their offering.
China is the largest consumer of coal in the world. Approximately 80% of China's coal resources are located in mountainous regions far away from the industrial centers.
China is ranked third in the world in terms of total coal reserves behind the United States and Russia. Most reserves are located in the north and north-west of the country, which poses a large logistical problem for supplying electricity to the more heavily populated coastal areas. China's own demand, together with tight global supplies and long-term projections of correspondingly firm coal prices all bode well for the Chinese coal sector. But if coal's central place in China's future remains a constant, there is less certainty as to the role foreign firms will be able to play.
Coal accounts for about 70% of China's total energy consumption. The development and production of the coal industry provides stability in China's economic growth. China is soon to become the largest consumer of coal derived electricity as well. China's coal mining industry is one of the largest as well as the deadliest in terms of human safety standards as thousands of people lose their lives every year in coal pits itself.
Major players in the industry include China National Coal Group Corporation, Shanxi Coking Co., China Coal Energy Company, amongst others.
One of the major challenges facing China is the transportation of coal from the producing regions, mostly located in the North Western regions, to regions with the highest demand, mostly situated in the coastal regions. Coal is by far the biggest commodity transported within China, accounting for over 40% of all Chinese rail freight, 20% of road freight and nearly 25% of waterborne freight.
Coal burning in China is having a significant impact on the physical environment, as well as the population in China and the overall world atmosphere. It's been predicted that by the year 2025, China will emit more carbon dioxide and sulfur dioxide, two products from coal burning, than the United States, Japan and Canada combined. In place of capital investment, foreign companies now are focusing on business opportunities in helping Chinese coal mines improve their efficiency, raise their environmental standards and rectify their safety records.
Key Topics Covered:
Chapter 1: Analysis of the Global Coal Industry
Chapter 2: Analysis of the Coal Industry in China
Chapter 3: Analysis of Major Players
Chapter 4: Conclusion
- China Shenhua Energy Company Limited
- China Coal Energy Company Limited
- China National Coal Group Corporation
- China Resources Power Holdings Co. Ltd
- Guizhou Panjiang Refined Coal Co., Ltd
- Henan Shenhuo Coal &Power Co., Ltd
- Inner Mongolia Yitai Coal Company Ltd
- Shanxi Xishan Coal and Electricity Power
- SinoCoking Coal and Coke Chem Industries, Inc
- Taiyuan Coal Gasification Company, Ltd
- Yanzhou Coal Mining Company Limited
- Zhengzhou Coal Industry & Electric Power
For more information visit http://www.researchandmarkets.com/research/mcfwpf/coal_industry_in