Changzhi - Eshanxi
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Shanxi's economy maintains stable recovery from Jan-Oct
Time: 11 24,2023      Source:

The economy of North China's Shanxi province maintained a stable recovery from January to October, according to a report by the Shanxi Bureau of Statistics. 

During this period, the added value of enterprises above designated size – those with annual sales revenue of more than 20 million yuan ($2.81 million) – increased 3.9 percent year-on-year. 

Specifically, the year-on-year added value growth of the manufacturing and strategic emerging industries reached 6.8 percent and 12.6 percent, respectively. 

The energy supply was also increased. 

The production of raw coal reached 1.13 billion metric tons over the 10-month period, a growth of 5.1 percent year-on-year, while unconventional natural gas production increased 9.4 percent, and electricity generation grew 4.1 percent. 

Although fixed asset investment declined 6.9 percent year-on-year, the number of projects steadily increased. The province witnessed 3.8-percent growth in the number of projects under construction. 

The total retail sales of consumer goods hit 658.39 billion yuan, up 4.5 percent. 

The tourism market also rebounded, with key scenic areas receiving 75.97 million visits, a 1.6-fold increase from the year before, and ticket revenue amounting to 2.56 billion yuan, a 2.1-fold increase. 

The general public budget revenue decreased 0.8 percent to 295.72 billion yuan while the general public budget expenditure grew 10.0 percent to 483.01 billion yuan. 

In addition, the province's consumer price index saw a slight increase of 0.1 percent.


Changzhi - Eshanxi