As part of China’s 12th Five-year Plan (2011-16), Shanxi province has its own 12fth Five-year Plan for New Industrialization, which includes an Industrial Park and Industrial Demonstration Base Construction, at a cost of 200 billion to 300 billion yuan.
China's move to scrap the 40 percent tariff on coking coal exports and possibly lift the tariff on crude coal exports could affect the global coal market, according to the manager of a coal export company.
