Shanxi targets 5% GDP growth in 2025

Shanxi province aims to achieve a GDP growth of approximately 5 percent and a fixed asset investment growth of over 6 percent in 2025, Governor Jin Xiangjun said.

While delivering the government work report at the third session of the 14th Shanxi Provincial People's Congress, which opened on Friday, Jin highlighted that Shanxi plans to construct 130 intelligent coal mines in 2025 to promote the deep integration of scientific and technological innovation as well as the new energy system and modern industrial system.

As a major coal-producing province, Shanxi will continue to advance the storage and production of unconventional natural gas.

In 2024, the province's coal production stabilized at around 1.3 billion metric tons.

"Shanxi has adhered to developing new quality productive forces according to local conditions and deepening the comprehensive reform pilot work of the energy revolution," said Jin. "The province completed the construction of 268 intelligent coal mines in 2024, maintaining its leading position nationwide."

"In 2024, the advanced coal production capacity accounted for 83 percent of the whole industry in Shanxi, and unconventional natural gas production exceeded 16.5 billion cubic meters, with a growth rate of 12.7 percent."

The province will continue to accelerate the construction of wind power and photovoltaic projects, as well as promote the development of the entire industry chain of hydrogen energy, ammonia energy and methanol.