Business News Asia
China’s daily coal production hits a record high in November 2022 as coal mines increase their production capacity to meet rising demand for heating fuel. This is despite logistical problems and increases in coal inventories caused by China’s strict COVID zero interest rate policy.
The National Bureau of Statistics (NBS) released data showing that China produced about 390 million tons of coal last month, equivalent to 13.04 million tons per day. This broke the previous record of 12.89 million tons per day set in September and surpassed last year’s production of 12.36 million tons per day.
From January to November, 4.09 billion tons of coal were produced, 9.7% more than in the same period last year. The increase in coal production is due to the government’s continued demands to maintain power supply during the winter. Northern China has been using thermal energy in winter for four months since mid-November, and most thermal power plants are coal-fired.