Inspired by the Shanxi Securities Regulatory Bureau and initiated by five fund management companies, the Shanxi Investment Fund Industry Association was founded on May 26.
According to Shanxi’s Tourism Administration, in the next three years, a special fund of 15 million yuan will be earmarked from the fund for sustainable development of coal to support flourishing rural tourism.
According to the Shanxi Bureau of Small and Medium Enterprises, by the end of the first quarter of 2014, a special fund, aimed at supporting micro, small and medium enterprises (MSMEs), was set up in 10 cities and 53 counties.
China's Taiyuan Iron & Steel (Group) Co got the China Industrial Award at a ceremony, on May 17, in Beijing, the first time for the Shanxi company to win the prize.
China's largest grid operator said Tuesday that energy authorities might soon approve a plan to build 12 electricity transmission lines linking the coal production and hydropower centers in inland areas to the densely populated east.
The first day of the Tianjin stop of the 2014 Shanxi Brand China Tour, May 9, Shanxi companies already had 136-million-yuan ($21.8 million) in signed agreements with local business and traders in Hebei province, Tianjin and Beijing.