A week ago, the central bank of #China’s official website announced that the People's Bank will increase 100 billion yuan to support the clean and efficient use of #coal.
Already in November 2021, the People's Bank of China (#PBC) created a special reloan of 200 billion yuan to support the clean and efficient use of coal in seven areas; the total amount of reloans to support #coal has reached 300 billion yuan.
In 2021, the strict coal de-capacity policy and energy led to a #electricity shortage crisis. Today's liberalisation of coal is intended to ensure “a normal supply of energy and avoid the pain of power rationing." (Taken from China Energy Network 2022-05-17) 
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