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.
Large and medium steel companies saw their situation improve slightly in the first quarter, with sales revenues adding 0.94 percent year on year to 875.85 billion yuan ($140.8 billion), according to data released by the China Iron and Steel Association (CISA).
Shanxi province exported a total of 131,663 tires in Q1, for a year-on-year increase of 19.42 percent, a new record for tire exports.
The famous “Zixiaxian” peonies dating back to the Ming Dynasty (1368-1644) at the Double-tower Temple, in Taiyuan, capital of Shanxi province, have burst into bloom.
The Shanxi provincial commerce department has reported imports and exports worth $3.35 billion in Q1 this year, for a year-on-year increase of 25.5 percent, and putting it in 12th place in China.
Vice Premier Zhang Gaoli said the country has maintained steady economic and social development since the beginning of the year, but warned of "difficulty and problems" in the economy.
There was a contract signing at the opening ceremony of the 17th East-West China Cooperation and Investment Trade Fair, in Xi'an, Shaanxi province, on April 5, where the Shanxi province got signatures on eight deals, which were worth a total of 4.2 billion yuan.
The Taiyuan Iron & Steel Group Co got national honors on March 28, when the Ministry of Industry and Information declared it a national demonstration company for the integration of informationization and industrialization for 2012.