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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.

Shanxi foreign trade hits a high in first quarter

2013-04-25

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.

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