Shanxi province is using every opportunity it can get to promote its brands country-wide, so its "Shanxi Brands China Tour" will be making its third stop in Guangzhou, the capital of Guangdong province, Aug 23 – 26.
According to the Hurun Research Institute and GroupM Knowledge, Shanxi province now has 16100 people owning wealth of more than 10 million yuan ($1.63million), among them, 1,300 with more than 100 million yuan.
There will be a Shanxi Brands China Tour exposition in the city of Guangzhou, capital of Guangdong province, Aug 23 – 26, after already visiting Beijing and Hohhot, Inner Mongolia, to put Shanxi province's most famous brand on display in South China.
Leaders of the city of Datong, Shanxi province held discussions on a coal-derived natural gas project with the China National Offshore Oil Corp (CNOOC), at the Holiday Inn in Datong, on Aug 14, and about support projects.
Thanks to its new non-coal businesses, the Jincheng Anthracite Mining Group (JAMG) realized an income of 8.83 billion yuan ($1.44 billion) in the first half of 2013, exceeding expectations at a time when the coal industry was in a recession.
Shanxi province had 114 million Chinese visitors, in the first half of 2013, up 27 percent year-on-year, bringing revenues of 103.2 billion yuan ($16.9 billion), for an increase of 26.16 percent.
Shanxi province and the China Huaneng Group had a discussion, on Aug 9, on increasing cooperation in the field of energy, with Li Xiaopeng, the provincial governoe, and Cao Peixi, GM of Huangneng, taking part.
The Shanxi Coking Coal (Group) Co signed a cooperation agreement with the China Datang Corp, in Taiyuan, the Shanxi provincial capital, on August 8, marking a great step forward in the coal-electricity integration of the province.
According to the Taiyuan municipal office, state administration of taxation, taxes paid by Taiyuan real estate enterprises totaled 314 million yuan ($51 million) for 2012, a sharp year-on-year decrease of 189 million yuan, Shanxi Evening News reported on August 1.
