In the first two months of 2026, Shanxi province saw stable economic growth, marked by major progress in industrial transformation and increased fixed asset investment, setting a solid foundation for continued economic stability.

From January to February, the added value of Shanxi's industrial enterprises above designated size increased by 6.5 percent year-on-year, accelerating by 1.6 percentage points compared to the previous year and surpassing the national average by 0.2 percentage points.

Fixed asset investment in Shanxi grew by 6.7 percent year-on-year, a 7.1 percentage point increase from last year, outpacing national growth by 4.9 percentage points. Large projects played a crucial role, contributing 6.7 percentage points to the overall investment growth.

Private investment also saw robust growth, increasing by 7.7 percent year-on-year, accounting for 57.5 percent of the province's total investment and leading to a 3.9 percentage point increase in investment growth.

Shanxi is focusing on industrial upgrading, with emerging sectors gaining momentum. In the first two months, the production of new energy vehicles surged by 91.6 percent, photovoltaic cells by 69.8 percent, and servers by 45.1 percent.

The cultural and tourism sectors also experienced positive trends. Thanks to the boost from the Spring Festival holiday, key monitored scenic spots saw an 18.4 percent increase in visitors, a 12.4 percent rise in ticket sales, and a 16.1 percent increase in operating income.

Shanxi is actively implementing policies to promote the trade-in of consumer goods, aiming to expand domestic demand, stabilize growth, and improve livelihoods. From January to February, sales of furniture grew by 13.2 percent, smart home appliances and audio-visual equipment by 16.9 percent, and computers and related products by 8.6 percent.