The coal industry in Shanxi suffered a slump in profit generated in 2013, owing to sluggish demand and low prices, despite supportive measures taken by the provincial government.<br /> <br /> In 2013, the Shanxi Coal industry realized profit of 23.23 billion yuan, plunging 55.37% from a year ago, according to data released by the Department of Shanxi Coal Industry.<br /> <br /> Total revenue in the sector reached 402.4 billion yuan, down 0.57% year on year, while taxes and fees submitted to the government reached nearly 115 billion yuan, down 12.42% year on year, data showed.<br /> <br /> The province produced 960 million tonnes of coal last year, a growth rate of 5.3% year on year, while the volume of coal sold out of the province reached 620 million tonnes, up 5.88% year on year.<br /> <br /> <p> To help struggling miners combat with the sluggish market, the provincial government in late July unveiled 20 supportive measures including stopping collecting mine transformation fund (5 yuan/t) and mine environment recovery fund (10 yuan/t), and vowed to further cut administrative charges and eliminate illegal fees and taxes. </p> <p style="text-align:center;"> <img src="/upfiles/news/image/20140220/20140220170824_8761.jpg" alt="" /> </p>