BEIJING (Reuters) – China’s state planner on Wednesday urged coal miners and power plants to fulfil at least 80% of the signed medium- and long-term coal contracts each month, in order to ensure steady energy supply and market prices.
The National Development and Reform Commission (NDRC) also said all these contracts will be recorded at a national system online and monitored by the authorities.
(Reporting by Muyu Xu and Emily Chow, Editing by Louise Heavens)
