China to boost coal supply capability and enhance fuel’s role as baseline power

BEIJING (Reuters) – China said on Wednesday it would continue to enhance coal production and the fuel’s role as a baseline power source.

In a wide ranging official report released on Wednesday, China also said it would push ahead with reforms to how clean energy is priced in the grid. China announced plans to scale back subsidies for renewable energy projects last month.

China also said it would improve pricing mechanisms for the domestic transport of natural gas via pipeline.

(Reporting by Colleen Howe and Lewis Jackson in Beijing; Editing by Tom Hogue)

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