Shanxi province recently issued the "2025 Major Project Construction Year Action Plan", which focuses on expanding total project investment, improving quality, optimizing structure, enhancing services, and accelerating progress.

According to the plan, Shanxi aims to achieve over 860 billion yuan ($118.43 billion) in fixed asset investment this year, representing a year-on-year growth of over 6 percent. The plan outlines quarterly milestones of over 14 percent of the annual target in the first quarter, over 50 percent by mid-year, and over 80 percent by the end of the third quarter.

Industrial investment is expected to grow by over 8 percent year-on-year, and provincial key projects are projected to account for over 40 percent of total fixed asset investment, reaching 368.7 billion yuan. The province aims to attract 1.2 trillion yuan in signed investment projects, with a commencement rate of over 40 percent within the same year. The share of private investment is expected to increase by one percentage point.

The action plan details a list of 100 major projects for 2025 and 10 key projects directly managed by the provincial government. The key projects include the Shanxi Jinbei New Energy Base Project, with a total investment of 55.3 billion yuan, the Huoshan Cloud (Datong) Taihang Computing Power Center Project, with a total investment of 12.33 billion yuan, and the Taiyuan Wusu International Airport Expansion Project with a total investment of 47.09 billion yuan.