Liaoning

Located in northeast China, Liaoning is an important transportation hub, home to the port city of Dalian. The province's pillar industries include machinery and equipment, smelting and pressing of metals, food processing, and petrochemicals, and the province is an important production base of equipment and machinery manufacturing. Liaoning has almost a quarter of China's iron ore reserves and large deposits of crude oil, particularly in the abundant Liaohe Oilfield.

Dependence on heavy industry and the province's energy inefficiency are signs that Liaoning is still at the lower end of the value chain. To stimulate economic growth, the province aims to nurture the private sector and specifically help small and medium sized enterprises by raising funds from equity and debt markets.

Liaoning's GDP grew 9.5% to RMB2.48 trillion in 2012.

 

Liaoning Quick Facts
  • Area
    145,900 km2
  • Population:
    43746000
  • Population density:
    289 people/km2
  • Gross domestic product:
    1521.3 billion RMB
  • GDP per capita:
    35239 RMB
  • GDP growth:
    13.10%
  • Fixed Asset Investment:
    1,229.3 billion RMB
  • Utilized Foreign Direct Investment:
    15.4 billion US$
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Top 5 Liaoning Companies
    • Angang Steel Co (SHE: 000898, HKG: 0347) is a producer and distributor of hot rolled sheets, cold rolled sheets, galvanized steel sheets, color coating plates, silicon steel, medium and thick plates, wire rods, heavy section and seamless steel pipes. It posted RMB92.43 billion in revenues and RMB2.04 billion in net profits for 2010.
    • GD Power Development Co (SHA: 600795) is an electric and heat power generator and distributor. It posted RMB40.77 billion in revenues and RMB2.4 billion in net profits for 2010.
    • Liaoning Cheng Da Co (SHA: 600739) is a trader of commodities and a biological drug manufacturer. It posted RMB5.25 billion in revenues and RMB1.26 billion in net profits for 2010.
    • Neusoft Corp (SHA: 600718) is a software company that offers digital products, services and solutions. It posted RMB4.94 billion in revenues and RMB484.68 million in net profits for 2010.
    • Bengang Steel Plates Co (SHE: 000761) is engaged in smelting of steel and rolling and processing of steel plates. It posted RMB45.69 billion in revenues and RMB925.37 million in net profits for 2010.

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Liaoning Economic and Technological Development Zones

    Shenyang Cross-Strait Science Industrial Zone
    Liaoning Shenyang Export Processing Zone
    Shenyang Economic and Technological Development Zone
    Shenyang Hi-Tech Industrial Development Zone
    Anshan Hi-Tech Industrial Development Zone
    Dalian Economic & Technological Development Zone
    Dalian Export Processing Zone
    Dalian Free Trade Zone
    Dalian Hi-Tech Industrial Development Zone
    Dandong Border Economic Cooperation Zone
    Yingkou Economic & Technological Development Zone


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