In addition, the downward real estate investment will drive down the output of traditional industries such as steel, nonferrous metals and cement.

SASAC said that in January, the output of raw coal, sales of refined oil products and the production and sales of steel products of central enterprises have all maintained steady growth. Trade volume has also delivered rapid growth.

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As the pillar industry of Inner Mongolia, coal is widely said to have made important contributions to its economic and social development.

China's economic growth will recover to over 5 percent in 2022 despite headwinds, as the government has pledged front-loaded policy support to shore up growth, experts said on Wednesday.