Shanxi Coal Imp&Exp Group Co Ltd, the trading arm of the Shanghai-listed Shanxi Coal International Energy Group Co Ltd, said on Friday that it would file a 1 billion yuan ($160.51 million) lawsuit against Qingdao Decheng Resources Co Ltd, the company at the center of a high-profile commodity financing fraud at the Port of Qingdao, for missed payments.
Taxpayers can pay their taxes through a free official online systems starting on July 1, according to the Shanxi Provincial Office of State Administration of Taxation on June 25.
As a renewed tax reduction policy for small and micro businesses is adopted in Shanxi, 41,400 enterprises will benefit, saving 103 million yuan, according to the Shanxi Provincial Office of State Administration of Taxation on June 24.
The Shanxi delegation signed 1.276 billion yuan in projects at the 8th APEC Small & Medium Enterprises Technology Conference and Fair, which closed on June 22 at the International Expo Center in Yiwu, Zhejiang province.
Under the leadership of Shanxi’s SME Bureau, the Shanxi delegation exhibited at the 8th APEC Small & Medium Enterprises Technology Conference and Fair (APEC SMETC) at the International Expo Centre in Yiwu, Zhejiang province, from June 19th to 22nd.
As a central task of industrial transformation and upgrading, 2,718 projects with a total investment of 1.9 trillion yuan have been pushed forward in 2014, according to the Shanxi Economic and Information Commission.
There was a signing ceremony for investment projects, in the Eighth Route Army Taihang Memorial Hall, on June 17.
Characterized by safety, eco-saving and efficiency, Tongxin Coal Mine produces 10 million tons of coal per year with only 1,000 miners. It has become a typical modern mine that resource-rich Shanxi is promoting.
To stimulate employment by encouraging business startups, Shanxi province has come up with several new policies to encourage college and university graduates to start their own businesses.
Inspired by the Shanxi Securities Regulatory Bureau and initiated by five fund management companies, the Shanxi Investment Fund Industry Association was founded on May 26.