Yuan Chunqing, Party secretary of shanxi province, and Li Xiaopeng, acting governor of Shanxi province, at a Beijing meeting with representatives of State-owned commercial banks

Shanxi provincial leaders held a meeting with the heads of State-owned commercial banks, in Beijing, on Jan 9, to discuss ways to help Shanxi explore its opportunities, increase financial support, and continue its industrial transformation.

Major figures taking part in the meeting were Yuan Chunqing, the provincial Party secretary, and Li Xiaopeng, acting Shanxi governor.

Yuan told the gathering that he appreciated the support the banks have offered Shanxi for economic and social development and that, thanks to the strong financial support, its economy in 2012 showed continued development. Its industrial restructuring and upgrading were faster, he added, and its investment optimized for the mutual benefit of the province and the banks.

Yuan went on to say he hoped the banks could continue with new, innovative financing and financial products and provide more support for Shanxi in credit, policies, and projects. The Shanxi government will provide advantages and a good environment for the cooperation and common development, he added.

Li gave an explanation of Shanxi’s economic and social development in 2012 and of this year’s goals and said that 2013 will be a key year for reaching the 12th Five-year Plan (2011-16) goals. He said he hopes the banks will increase investment in Shanxi, make optimal use of credit, expand their business there, and promote financial reforms and innovation.

Edited by Roger Bradshaw