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Shenyang City

Capital of Liaoning Province, Shenyang was established as a major heavy industrial base following 1949, and despite having undergone a “rust-belt” city period during the 1980s, the city has been revitalized through a “Revitalize Northeast China” program and the introduction of software, electronics, auto manufacturing, and electronic industries. Large industries companies such as Brilliance China Auto, Shenyang Aircraft Corporation, and Neusoft Group (the biggest software company in China) have established themselves in the city.

The city is also seeing a rapidly growing tourism industry and signs of future growth, including a large entertainment park and a BMW and Brilliance China Auto joint venture automotive plant. In April 2010, the central government initiated a “Shenyang Economic Zone” which is expected to draw in major investment and infrastructure construction.

Shenyang City Quick Facts
  • Area
    13,308 km2
  • Population:
    7.86 million
  • Gross domestic product:
    501.70 billion RMB
  • GDP growth:
    14.1%
  • Fixed Asset Investment:
    500.60 billion RMB
  • Utilized Foreign Direct Investment:
    5.05 billion US$
  • Imports:
    3.78 billion US$
  • Exports:
    4.08 billion US$
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Top 5 Shenyang City Companies
    • Shenyang Jinbei Automotive Co (SHA: 600609) is engaged in development, manufacture and distribution of automobiles and automobile spare parts. It posted RMB4.67 billion in revenues and RMB281.31 million in net profits for 2010.
    • Shenyang Machine Tool Co (SHE: 000410) is engaged in manufacture and sale of metal processing machine tools. It posted RMB8.05 billion in revenues and RMB141.65 million in net profits for 2010.

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