According to Xinhua News Agency, China Coal On the 9th, Wang Xianzheng, president of the Industrial Association, said that currently, China's coal... Industry From sustained high-speed growth into... Period of slowing demand growth, period of overcapacity and inventory digestion, period of intensifying environmental constraints, and period of tough battles in structural adjustment. the “four-stage coexistence” development phase.

From the perspective of development speed, as the country implements controls on total energy consumption and increases the share of non-fossil energy consumption, the period during which national coal consumption grew by an average of 200 million tons per year at a rate of around 10% has come to an end. A slowdown in coal demand growth is set to become the new normal.

From the perspective of development models, as the country pushes forward with the energy revolution and optimizes the layout of the coal industry, the traditional development model—relying on new projects, expanding operations, increasing investment, and scaling up—has become unsustainable. Industry development must now shift toward relying on structural adjustments and transformation and upgrading.

From the perspective of development drivers, the coal industry must firmly rely on scientific and technological progress as its support, promote management innovation, technological innovation, and integrated innovation, overcome key technological bottlenecks, and drive the industry’s transformation from a resource-intensive, labor-intensive model to a resource-conserving, talent- and technology-intensive one.

From the perspective of development goals, according to the National Energy Strategy Action Plan and related studies, the share of coal in China’s primary energy mix will remain around 62% by 2020, 55% by 2030, and 50% by 2050.