Central enterprises withdrew from 119 million tons of coal production capacity in 5 years

The State-owned Assets Supervision and Administration Commission of the State Council recently held a press conference on deepening supply-side structural reforms to promote high-quality enterprise development.

According to reports, through measures such as capacity reduction, environmental protection and safety supervision, my country has changed the situation of central SOEs where coal resources are distributed, homogeneously operated, and repetitively constructed.

The market competitiveness of state-owned enterprises is also constantly increasing.

Since 2016, China Coal has closed 11 mines, withdrew 24.

"In the process of reducing overcapacity, personnel distribution is the key and difficult point.

In terms of financial support, China Coal Group has self-raised resettlement funds of more than 1.

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