Since early 2016, the Chinese government has initiated wide-scale supply-side reform in the coal industry by enacting a series of supportive policies. One immediate policy focused on reducing production is the restriction of statutory working days for coal miners to 276 a year. The policy has effectively tightened domestic coal supply and raised prices in the short term. This insight introduces 276 working days policy in China coal industry supply-side reform and discusses its time range, implementation scope, supervision measures and potential risks.
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Insight | Jul 2016
China's 276 working days policy: a short-term boost for the coal market
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