Since the start of the 14th Five-Year Plan period (2021-25), Shanxi province has significantly bolstered its financial infrastructure, increasing social financing stock by a whopping 46.8 percent from 4.77 trillion yuan ($677.28 billion) to 7 trillion yuan.

Shanxi has implemented a series of policy documents aimed at directing financial resources towards key sectors and addressing weak links within the province. Notably, the loan balance for emerging industries has surged from 112.1 billion yuan at the end of 2020 to 293.5 billion yuan, maintaining an impressive annual growth rate of over 15 percent.

To facilitate efficient collaboration between government, financial institutions, and enterprises, Shanxi has developed a multi-tiered, regularized service mechanism that operates both online and offline. During the 14th Five-Year Plan period, over 760 financing matchmaking events were held at the provincial, city, and county level, engaging nearly 30,000 enterprises and promoting over 15,000 projects, with potential financing agreements exceeding 800 billion yuan in value.

The province conducts annual evaluations of financial institutions' contributions to economic development, focusing on their support for local economies, private enterprises, and small and medium-sized enterprises (SMEs). These evaluations employ differentiated, quantifiable metrics across banking, securities, and insurance sectors to identify issues, offer recommendations, and share best practices, thereby enhancing service mechanisms and efficiency.

Furthermore, Shanxi has established a provincial credit platform to improve the business environment. By the end of November 2025, this platform had facilitated financing for 20,600 enterprises, totaling 431.95 billion yuan and significantly enhancing the accessibility and convenience of financing for SMEs.