Shanxi Province recorded year-on-year growth of 9 percent in GDP in the first half of 2013, at 601.7 billion yuan ($98.1 billion), 1.4 percent above the national average.
The value added output for primary industry was up 4 percent, secondary grew 10.5 percent, and tertiary, 7.4, in the first half, while revenues reached 157.2 billion yuan, or 5.5-percent growth year on year. The main contributors to his growth were infant industries, provincial government policies, investment, consumer spending, and imports and exports.
In spite of a slowdown in the global economic recovery and structural transformations in the Chinese economy, Shanxi Province’s strong bases are helping to maintain steady growth. (Source: China Daily)
Bruce Ross Consulting can offer introductions, support and guidance for companies wishing to take advantage of the abundant opportunities in Shanxi Province.
See also:
- Shanxi Province capital Taiyuan awarded Smart City status
- Shanxi’s coal mining wealth spurs diversification and transformation and opportunity for Australian companies
- Focus on Shanxi
