Shanxi works to deepen comprehensive reforms
Updated: 2025-06-03
North China's Shanxi province continues to deepen its comprehensive reforms, driving significant progress and achievements in key areas and critical sectors.
A primary focus is the construction of the "1+11" transformation and comprehensive reform demonstration zone system. Each city's demonstration zone is actively integrating surrounding industrial parks and fostering strategic emerging industry clusters based on local conditions. The Shanxi Transformation and Comprehensive Reform Demonstration Zone, along with the national-level economic development zones in Jincheng, Jinzhong, and Datong, have shown improvement in their performance rankings.
Shanxi is also promoting the deep integration of a new energy system with a modern industrial system, completing the five-year task of comprehensive energy reform pilot construction. The expansion of industrial chains, specialized towns, and industrial clusters is also supporting the province’s transformation and development.
The province has introduced 20 measures to promote the growth of the private economy, creating the "Shanxi Enterprise Connectivity" service brand. It is also advancing access to competitive infrastructure sectors and regularly introducing projects to private capital, continuously strengthening the private economy. In 2024, the private economy and the balance of inclusive small and micro loans in the province increased by 13.7 percent and 28.4 percent, respectively, from the previous year.
The first quarter of this year saw a sustained expansion in investment scale across the province, with further optimization of the investment structure. Investments in high-tech industries grew by 33.6 percent year-on-year, equipment and tools by 29.2 percent, and private investment by 10.2 percent, all exceeding the overall provincial investment growth rate.
The Shanxi Transformation and Comprehensive Reform Demonstration Zone also achieved an industrial added value of 5.34 billion yuan ($741.93 million), a 4.7 percent increase; fixed asset investment reached 5.11 billion yuan, a 5.8 percent increase; and 93.8 percent of 49 provincial key engineering projects resumed construction, ranking first in the province.