When the 14th Science and Technology Festival & Investment Promotion Conference in Taigu County came to its conclusion on March 2, 14 projects had been signed, amounting to an investment of 3.353 billion yuan ($548.56 million).
According to the Statistical Bulletin of Shanxi Economy and Social Development in 2013, released by the Shanxi Bureau of Statistics, the GDP of the province reached 1.26 trillion yuan in 2013, increasing by 8.9% year on year
Chinese pharmaceutical company Shanxi Taxus Pharmaceutical Inc will reportedly be acquiring a California-based therapeutics firm for $5 million in cash, Taxus Pharmaceutical said on Wednesday without disclosing the company's name.
The overall goal for the tourism industry in 2014 has already been determined at the 2014 Shanxi provincial tourism conference, which took placed on Feb 22.
Taiyuan Heavy Industry Co Ltd (Taizhong) began life in 1950 as the first producer of heavy equipment in the infancy of the People's Republic of China.
Taizhong, along with many other State-owned enterprises, has its own workers' residences, which have fostered a company culture over more than a half-century.
During this recent Chinese New Year, Jan 23 - Feb 15, the county had 780,000 tourists from China and abroad and tourist revenues of 86 million yuan ($14.2 million).
The city of Xiaoyi, Shanxi province，got provincial development and reform commission approval, recently, for its first foreign investment project, involving Brazil's Realeza Copper Mine.
Most of China's provincial regions have set lower targets for the growth of urban and rural incomes in 2014, in a sign of a more pragmatic outlook on the economic situation.
The Shanxi Brands Innovation Seminar, which was also a meeting to wrap up the Shanxi Brands China Tour, was held in Taiyuan, the capital of Shanxi province, on Jan 13.