China's top economic planner has called for further improving the price-formation mechanism in the coal market to guide price movements within a reasonable range.
China’s top economic planner has called for further improving the price-formation mechanism in the coal market to guide price movements within a reasonable range. Promoting the smooth transmission between coal and electricity prices through market-oriented means will help stabilize coal and electricity prices and the energy costs of enterprises, thus providing strong support for maintaining .
China’s top economic planner said that it will further improve the market pricing mechanism for coal, following a series of measures to stabilize the prices of iron ore and other commodities that have huge weigh on China’s economic operations, amid already-surging prices and growing international uncertainties. The National Development and Reform Commission (NDRC) issued a .