Coal price up 12% in September
China’s coal price index was 414.07 in September, up 11.99 percent from August and 22.71 percent from a year earlier, the country’s top economic planner said on Tuesday. The index has been rising since June for four consecutive months, the National Development and Reform Commission said. Regional data showed that coal prices inHebei, Chongqing and Shandong sawfaster month-on-month increases, with prices in northernHebei rising 19.33 percent, southern Hebei 22.66 percent, Chongqing 19.64 percent and Shandong 17.76 percent. District will explore establishing community banks which are devoted to small and medium-sized tech firms, cluster development of early-stage startup investment funds— and international innovation acquisition funds via cooperation with foreign investors, said district head Xie Jiangang. He said the district would choose banks and financial institutions to pilot the integration of equity and debt financing services for corporate innovation.