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Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock to support high-tech enterprises nationwide in such fields as AI, autonomous driving and quantum communication.
The development of the digital economy is advancing in Datong, known as China’s “coal capital.” The coal-producing heartland in north China’s Shanxi Province boasts one eighth of the country’s coal reserves.
While phasing out outdated coal production capacity, the city has been looking for alternative industries for long-term growth. With years of efforts, it has become the province’s pioneer in promoting the digital economy in an effort to achieve high-quality development.
The city has built a total of 140,000 data center design racks and established a server capacity of up to 2 million units. Its computing output has become a new point of growth in a city which traditionally relied on fossil fuel resources.
According to the annual session of the Shanxi Provincial People’s Congress, which concluded on Monday, the value of the province’s digital economy exceeded 500 billion yuan (about 74.6 billion U.S. dollars) by the end of 2022.
In addition to Datong, other traditional coal-producing cities of Lyuliang and Yangquan in the province are also promoting digital economy in the fields of big data, smart mining and unmanned driving.
At 500 meters underground, robots are patrolling to monitor mining in the Xinyuan coal mine of the Lu’an Chemical Group Co., Ltd. Assisted by 5G technology, the automated inspectors send real-time data to the mining company’s control center to check mining safety.
Xinyuan became China’s first 5G network-covered coal mine in 2020. Mining managers can view the operational situation in 31 underground working scenarios, including ventilation fans and mining faces, via the smart operating system.
Ping Qingzhong, an expert with the Institute of Internet Industry, Tsinghua University, said the development of the digital economy in Shanxi has a solid industrial base, especially in the energy industry, and its digital economic development, based on upgrading these traditional industries, has broad prospects.
At the meeting of the provincial legislature, the provincial government set the goal of an annual growth rate of more than 15 percent for its digital economic development in the next five years.
Liu Yong, deputy director of the Shanxi provincial department of industry and information technology, said that Shanxi would strengthen the building of digital infrastructure to empower the digital transformation of traditional industries, and provide strong support for all-around high-quality development.
Source: Xinhua
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Thursday, 15 December 22
MARKET INSIGHT - INTERMODAL
While observing the ship repair market very close to the end of the year, we are confident that shipyards worldwide are entering a new era. The nex ...
Tuesday, 13 December 22
STRONG COAL PRICES SUPPORT ROBUST EARNINGS AT INDONESIAN COAL MINERS - FITCH RATINGS
Fitch Ratings expects cash flow generation at Indonesian coal miners to remain strong in 2023, based on its forecast for coal prices to remain high ...
Tuesday, 13 December 22
BIMCO CII CLAUSE FINALLY RELEASED: DOES IT MAKE ANY SENSE OF CCI? - WFW
WHAT IS CII?
The new International Maritime Organisation’s (“IMO’s”) Carbon Intensity Indicator (“CII”) cer ...
Tuesday, 13 December 22
COAL BASE RAMPS UP ENERGY SUPPLY FOR WINTER NEEDS - XINHUA
Inner Mongolia Autonomous Region, China’s leading coal production base, has kicked its production into high gear to meet heating needs as col ...
Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
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- White Energy Company Limited
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- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
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- Xindia Steels Limited - India
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- Eastern Coal Council - USA
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- Price Waterhouse Coopers - Russia
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- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
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- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
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- Electricity Authority, New Zealand
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- Economic Council, Georgia
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- Lanco Infratech Ltd - India
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- The State Trading Corporation of India Ltd
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- Cement Manufacturers Association - India
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- New Zealand Coal & Carbon
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- CNBM International Corporation - China
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- TNB Fuel Sdn Bhd - Malaysia
- Trasteel International SA, Italy
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- PowerSource Philippines DevCo
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- Mjunction Services Limited - India
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- Sakthi Sugars Limited - India
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- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
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- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
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- Australian Coal Association
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- Commonwealth Bank - Australia
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- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
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- Bangladesh Power Developement Board
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- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
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- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
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- Wilmar Investment Holdings
- ASAPP Information Group - India
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- Minerals Council of Australia
- India Bulls Power Limited - India
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- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
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- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Malabar Cements Ltd - India
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- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
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- Altura Mining Limited, Indonesia
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