Yangquan's transformation: From coal hub to innovation city
An aerial view of Yangquan city. [Photo provided to goshanxi.com.cn]
Yangquan city, once known primarily for its coal industry, has undergone a decade of rapid transformation marked by economic and technological advancements. Over the past 10 years, the city's GDP has surged 75 percent, crossing the 100 billion yuan ($14.04 billion) threshold. Strategic emerging industries have flourished, with an average annual value increase of 11.9 percent.
Yangquan has led the province with citywide 5G network coverage, and its per capita 5G infrastructure ranks among the nation's best. As of 2023, the city boasted over 3,000 digital economy entities, enhancing its economic resilience and growth.
Smart mining has become a focal point, as showcased by Huayang Group's innovative approach, which uses 5G connectivity to enable the remote operation of mining equipment. This push towards intelligent mining has led to the construction of five smart mines, with nine more underway, enhancing safety and efficiency.
Emerging industries are also thriving, particularly in new materials and energy storage. Yangquan's development of sapphire and lithium-ion battery production highlights its diversification beyond traditional industries. The city is also advancing future-focused industries such as AI, green hydrogen, and commercial space.
Yangquan's grassroots initiatives and expanded employment services have yielded significant employment outcomes. The employment rate of recent graduates is 84.12 percent, and accessible local job services reflect the city's commitment to boosting job creation and economic stability. Through continuous transformation, Yangquan is laying a robust foundation for sustained growth and prosperity.