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Shanxi eyes service sector for growth [Copy link] 中文

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Post time 2016-1-30 09:50:16 |Display all floors
Shanxi province wants to prove that it is no mere coal producer, as it expands its economy into new areas to tap its economic potential.
"We will develop the modern service sector as the new growth engine," said Wang Yixin, vice-governor of the province.
A fresh GDP ranking listed Shanxi 30th out of 31 provinces, autonomous regions and municipalities with a 3.1 percent growth rate, less than hal ...

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Post time 2016-1-30 09:50:17 |Display all floors
Shanxi's resource is in coal. Frankly, I think Shanxi should concentrate on developing its strong point i.e. coal and coal technology. For example, efficient and innovative ways of turning coal into electricity and clean energy. Chemicals from coal that can innovatively and efficiently used in medicine and hi-tech industries etc. Turning Shanxi into a coal-based technology super power is the way to go for Shanxi. Duplicating other areas where Shanxi does not have an advantage will be a waste of money and most importantly TIME.

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