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During his interview with the reporter right before the 50th anniversary of the founding of New China, the Acting Governor of Shanxi Province Liu Zhenhua said that as an energy base in China, Shanxi is concentrating on adjusting its industrial structure.Liu stated that 91 out of 110 counties and districts of Shanxi are rich in coal,which is not only of high quality, but also shallowly deposited and easy to he mined.With the advantage of rich resources,the support by the state industrial policy,and the need stimulation of the countr’s rapid economic growth, Shanxi’s coal industry will soon he developed.According to Governor Liu, the rapid progress of the coal industry is to quicken the formation of Shanxi’s regional economic system, which consists of electricity,meltallurgy, chemistry, building material,communication and transportation, etc.At present, the taxes and profits from the province’s the coal industry accounts for one third of that from the provincial industrial enterprises. If the various strategic incomes are taken into consideration, the income of coal industry would amount to half of the provincial revenue. In most of the coal mining counties and cities, the coal production is the main source of their fiscal revenue and income of the residents.Governor Liu also talked about the negative effect that has been brought about to a sustainable, rapid and healthy development of Shanxi’s economy by the seriously unbalanced economic structure. Shanxi has already realized it and is setting ahout to adjust its economic structure, - the most important job to do in the “Nine Year Plan” of the province, he said. In recent years, work has been done in adjustment of e`1onomic structure and remarkable success has been achieved in certain cities, regions and in some industries.However, generally speaking, the newly-developed pillar industries are still being shaped. It will be the key to Shanxi’s economic structure adjustment to support the development of advantagous products, to find new startinrpoints of economic development and to carry out the strategy of manifold pillar industries.
During his interview with the reporter right before the 50th anniversary of the founding of New China, the Acting Governor of Shanxi Province Liu Zhenhua said that as an energy base in China, Shanxi is concentrating on adjusting its industrial structure. Liu stated that 91 out of 110 counties and districts of Shanxi are rich in coal, which is not only high quality, but also shallowly deposited and easy to he mined. Due the advantage of rich resources, the support by the state industrial policy, and the need stimulation of the countr’s rapid economic growth, Shanxi’s coal industry will soon he developed. According to Governor Liu, the rapid progress of the coal industry is to quicken the formation of Shanxi’s regional economic system, which consists of electricity, meltallurgy, chemistry, building material, communication and transportation, etc.At present, the taxes and profits from the province’s coal industry accounts for one third of that from the provincial industrial enterprises If the various strategic incomes are taken into consideration, the income of coal industry would amount to half of the provincial revenue. The most of the coal mining counties and cities, the coal production is the main source of their fiscal revenue and income of the has also seen the negative effect that has been brought about about to a sustainable, rapid and healthy development of Shanxi’s economy by the serious unbalanced economic structure. - the the government has already realized it and is setting ahout to adjust its economic structure most important job to do in the “Nine Year Plan ” of the province, he said. In recent years, work has been done in adjustment of e`1onomic structure and remarkable success has been achieved in certain cities, regions and in some the newly-developed pillar industries are still being shaped. It will be the key to Shanxi’s economic structure adjustment to support the development of advantago usproducts, to find new startinrpoints of economic development and to carry out the strategy of manifold pillar industries.