China’s key stock index rose to a one-month high this morning as coal companies advanced after the government said it will accelerate reform of the industry.<br /> <br /> The Shanghai Composite Index rose 1.29 percent to 2,229.38 points by noon break. The index added 0.82 percent yesterday, the first gain in five days.<br /> <br /> China plans to curb disorderly growth of coal production and impose differentiating tariffs to encourage the importation of high-quality coal, according to a proposal by the State Council, China’s cabinet, published today. Major coal miners gained on speculation reduced supply may boost prices.<br /> <br /> China Shenhua Energy Co, the nation’s biggest coal producer, rose 1.96 percent to 17.13 yuan (US$2.81). Anyuan Coal Industry Group Co jumped 10 percent to 5.03 yuan while Yanzhou Coal Mining Co soared 4.25 percent to 10.55 yuan.<br /> <br /> Nonferrous metals producers were also strong, with Yunnan Chihong Zinc &amp; Germanium Co up 7.46 percent to 10.23 yuan.<br /> <br /> Shanghai-based Bright Dairy &amp; Food Co gained 5.47 percent to 22.57 yuan after its state-owned parent replaced its chairman, Wang Zongnan, due to health reasons.<br /> <br /> <div style="text-align:center;"> <span style="line-height:1.5;">?</span><img src="/upfiles/news/image/20131129/20131129104924_3525.jpg" alt="" style="line-height:1.5;" /> </div>