The Shanxi Guoxin Energy Development Group (GEDG) has signed a cooperation agreement with the China National Petroleum Corporation (CNPC) Huabei Oil Field Branch, calling for cooperation in exploiting and utilizing coal bed methane (CBM).
In the rural areas of China, basic hygiene facilities are changing. Where a hole in the ground used to be the norm, there is now an eco revolution going on, thanks to the spreading influence of urban visitors. But it is an uphill battle.
Shanxi Taihang Mining Co Ltd will become China's first company to use coke oven gas as an alternative to natural gas to get reduced iron in industrial production after striking a contract to import Iranian technology on Monday.
Up to half of the coal companies in Ordos, one of the major domestic coal producing regions in the Inner Mongolia autonomous region, are reported to have reduced or stopped production, because of falling electricity consumption and an increased use of hydropower generation.
In the first quarter, among the top five coal corporations in the province, three suffered net losses — the Datong Mine Group, Jincheng Anthracite Mining Group and Shanxi Coking Coal Group — while the other two, Yangquan Coal Group and Lu'an Group, witnessed shrinking profits.
The Taiyuan Iron and Steel Co has been recognized as a National Benchmark Company for 2013 for its performance in online quality-control system, according to recent reports.
Large State-owned enterprises in Shanxi province will work hard to make China’s Top 100 list, under the 12th Five-year Plan (2011-2016), with their main indicators expected to double during that time.
China may introduce tougher taxes on emissions and use of resources, after Vice-premier Ma Kai said more reforms are needed to achieve greener industrial development.
Shanxi attracted total foreign investment of $14.28 billion in the first quarter of the year, with a year-on-year growth of 331.68%, higher than last year's 319.37%. The total investment in March reached $5.45 billion, while the total investment of the same period last year was $5.39 billion.
Shanxi Provincial Tourism Bureau statistics show that, during the three-day May Day Holiday, this year the province’s tourism revenue reached 5.03 billion yuan ($0.82 billion), a more than 26 percent increase over last year’s same period.