Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
China’s Advanced Chip Supply to Surge 46% Annually Through 2035, Goldman Says
EHang Scraps Revenue Target in Wake of Fatal Aircraft Crash
Z.AI Unveils Cheaper Model Running Entirely on Homegrown Chips
LATEST
Z.AI Unveils Cheaper Model Running Entirely on Homegrown Chips
EHang Scraps Revenue Target in Wake of Fatal Aircraft Crash
XPeng to Raise $900 Million for Robotics Unit
China’s Advanced Chip Supply to Surge 46% Annually Through 2035, Goldman Says
Xiaomi Steps Up Chip Push With New Smartphone, AI and Self-Driving Processors
Alibaba’s $12 Billion Share Sale to Fund AI Push Sends Stock Lower
TikTok to Pay $400 Million to Settle U.S. Child Privacy Lawsuit
DeepSeek Enters the Multimodal AI Race with Experimental Vision Model
Alibaba’s Profit Plunges as E-Commerce Business Falters, AI Investment Jumps
YMTC Moves Closer to Shanghai IPO
Unitree Shares Decline as Founder Flags Limits of Humanoid Robots
AI Companies’ Success Lies in the Apps, Bain’s China Chairman Says
China’s LandSpace Recovers Booster in Reusable Rocket Breakthrough
Spacecom Raises $1.94 billion in Bet on China’s Starlink Rival
U.S. Appeals Court Orders Review of Pentagon’s DJI Designation
Unitree to Debut at 61 Billion Yuan Valuation in Closely Watched Shanghai IPO
Alibaba to Sell Gaming Unit as It Sharpens AI Focus
China’s DJI and Arashi Vision Escalate Battle for 360-Camera Market
Didi Swings to Quarterly Profit, but Overseas Push Weighs on First-Half Results
Z.AI Pushes AI Model With Coding Edge to Rival Anthropic, Open AI

By Charlotte Yang / Dec 27, 2018 12:24 PM / Economy

A city in Hubei province has completed its full withdrawal from coal mining after 200 years in the industry, local authorities announced yesterday.

Yichang, the second-largest city in Hubei, closed its last 38 coal mines this year as the local government steps up effort to cut overcapacity and encourage the industrial transformation of coal enterprises.

Local authorities say that from 2006 to 2017, Yichang shut down 239 mines. The city also introduced a series of measures to guide the exit of debt-ridden and zombie mines.

Related: China's Carbon Footprint Swells to Record Size

Share this article
Open WeChat and scan the QR code