Based on the provincial economic development, this paper uses the method of multiple linear regression analysis to analyze the relevant indicators of Shanxi Province from 1996 to 2017, and obtains the important factors influencing the GDP of Shanxi Province under the new normal. The results show that the employment rate and urbanization of Shanxi Province have important influence on the economic development of Shanxi Province under the new normal economy. The following suggestions are put forward: First, to implement the strategy of rural revitalization and steadily promote the process of urbanization; Second, to implement the tourism strategy and create more jobs; and third, to promote the in-depth development of the coal industry and to provide a platform for the re-employment of coal workers.