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Many Global Top 500 companies now have Shanxi operations

By Zhou Yuanyuan ( chinadaily.com.cn )

Updated: 2013-01-29

According to data from Shanxi province’s commerce bureau, published on Jan 27, foreign investment in Shanxi province grew further, in 2012, with foreign capital actually used amounting to $2.5 billion, or a year-on-year increase of 20.74 percent.

Shanxi now has 26 of the Global Top 500 companies represented, and foreign assets utilization last year was being optimized, with primary and tertiary industry projects taking 53.84 percent of the total, an increase of 5.45 percent. Its focus was mainly new energy, coal bed methane, modern coal chemicals, telecommunications, and energy saving.

Edited by Roger Bradshaw