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Major coal firms cut production as prices fall, stocks rise

2013-05-10

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.

Shrinking coal profitability hits Shanxi

2013-05-08

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.

TISC granted as national benchmark company for high quality products

2013-05-08

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.

Shanxi steel and coal companies joining China’s Top 100

2013-05-07

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.

Tougher taxes urged on emissions, use of resources

2013-05-07

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 foreign investment shows great development momentum

2013-05-06

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’ tourism revenues hit record high during May Day Holiday

2013-05-03

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.

China's steel industry barely returns to profits

2013-04-28

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 tire exports see record growth in first quarter

2013-04-27

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.

Taiyuan's Ming Dynasty peonies in full bloom

2013-04-26

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.

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