The railway's launch will make transport between the capital city and its largest port city more convenient, significantly lower the logistics cost and boost industrial development and economic prosperity along the route.
The quality of small and medium enterprises or SMEs listed on China's National Equities Exchange and Quotations, or NEEQ, is improving rapidly, market analysts said.
The reform plan also aims to turn two bonded areas-the Yangshan Free Trade Port Area and the Pudong Airport Comprehensive Free Trade Zone-into transparent, efficient and convenient free trade ports of highest standards in the world, comparable to Singapore, Dubai, and major ports in the United States.
The province, which increased its annual offshore duty-free shopping quota from 30,000 yuan to 100,000 yuan per person starting from July, also saw its daily average sales of duty-free shops exceed 100 million yuan this year, he said.
The province closed 27 coal mines this year, with a total production capacity of 22.7 million metric tons, Wang Shouzhen, director general of the Shanxi Coal Industry Association, told a coal trade conference that closed Friday in Taiyuan, capital of Shanxi.
The recall will begin on September 25.
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The provincial government is attaching great importance to the situation and firefighters from other places are rushing to the site, the sources said.
The province has also pledged to resume production for major projects, including those related to new economic momentum, with planned investment totaling over 400 billion yuan (.4 billion).
The province is currently experiencing typhoon Linfa, which is the 15th cyclone of this year, with torrential rains hitting the southeastern stretch of Hainan, the Xisha Islands, as well as parts of the province's coastal areas from Sunday.