According to the coal mining meeting held in Shangxi province recently, for this year the coal output in Shangxi province is estimated to reach 780 million t, meanwhile Shangxi's government has ceased to increase the coal mines as well as the coal mining companies any longer in the upcoming future.
Accordingly, in the year of 2011-12, Shangxi will step into a new era in coal industry considering of the biggest coal mining projects and investment activities will be commissioned during the given period. Only in this year, the new coal mining programs have amounted to 600 including the capacity of 600 million t. Besides, during the given period, the yearly related investment will hit 75 billion yuan, which accounts for approximately 10 percent of the overall investment funds in Shangxi province. Such as for 2011, Shangxi's overall investment funds will stand at 770 billion yuan while the investment for the coal mines and non-coal related programs will account for one seventh of it.