Investment Environment of Liaoning


  Geographic Location

  As the sole coastal province in northeast of China, Liaoning is the pathway to the world by land and sea of northeast economic zone, a link to Bohai economic district as well as the broad inland regions of China. To the southeast and south of Liaoning lay North Korea, South Korea and Japan; to the northwest and north, there are Mongolia and Russia. In the center of northeast Asia, Liaoning is the key base for China’s participating in the economic and technical cooperation, exchange and competition of the regions.

  Natural Resources

  Liaoning is located in the mineral-forming belt of the Pacific Ocean, and provides advantageous conditions for developing modern industry. Within the province, various forms of land, water, earth, light and temperature are in perfect harmony, which nourish rich wildlife and plants, prepare favorable conditions for the development of agriculture, forestry, stockbreeding, sideline and fishing. For the moment, Liaoning has formed the commercial grain base in central and northern parts, forestry and medicinal materials bases in eastern mountainous areas, stockbreeding and fruit bases in northwestern part, fruit and marine lives in Liaodong peninsula. Meanwhile, there are great developing potential in marine and tourism resources. The solid industrial foundation has made it the base of heavy industry and raw materials.

  There are 26,000 industrial enterprises in Liaoning, including 1,375 large and medium sized enterprises, accounting to 1/10 of that in the whole country. There are more than 1,100 metallurgy enterprises, including two of the largest iron and steel united businesses in China—Anshan iron and steel company and Benxi iron and steel company. Electromechanical product is one of the main export products of liaoning. Meanwhile Liaoning is also the major manufacturer of fertilizer, acid-base salt, rubber products, varnish, dyestuff and chemical medicines; the building materials and nonmetal mineral products industry play important roles in China; electricity, light industry, textile, and medicine industry has their each foundations. There are 164 large and medium-sized light industrial enterprises, such as paper making and its machines, capable of manufacturing 21 sorts of products; there are 113 large and medium-sized textile enterprises, and finally forms the industrial system including cotton textile, wool textile, chemical fiber, knitting, silk, garment, spinning and machining.

  Transportation and Communication

  In Liaoning province a vertical transportation network has been formed, with ports as pathways, railroads as arteries, highway lines as framework, and civil aviation and pipeline transportation as supplement. There are 150 main berths in the 5 ports of Dalian, Yingkou, Dandong and Jinzhou, including 39 berths of 10,000 t capacities, the handling up capacity is 5,382t and actually 7,396t was fulfilled. In Shenyang and Dalian airport, the 205,000km airlines to Japan, Hong Kong, Korea and Russia are established; on aspect of communication, domestic and international telephone communication are realized in each county and city, the number of total telephone sets of the province has reached 2.26 million.

  The Investment Environment of Shenyang

  Being the capital city of Liaoning Province and a famous historical and cultural city, Shenyang is the center of economy, culture, communication, finance and trade of the province and the industrial base of China. It is in the south part of the Northeastern China, the center of Liaoning province, between 122°25' to 123°48'E,41°11'to 43°2'N,It lies against Changbaishan mountain, facing Bohai sea, and is the hinterland of Liaodong peninsula. It is 115 km from east to the west, 205 km from north to the south. Shenyang has a temperate continental climate. There are four distinct seasons a year in Shenyang. Shenyang governs 1 city, 9 districts and 3 counties, with an area of 12,980 square kilometers and a population of 7.2million.

  Shenyang is one of the main large cities and important industrial bases in China. Meanwhile it is the center of economy, culture, science, technology, trade, finance and communication in Northeast of China. It has advantages geographic location, rich natural resources, advanced communication and complete city functions. In 1998,it was ranked the fifth in the overall election of 219 Chinese cities; and in 1999, together with Beijing, Tianjin and Shanghai, Shenyang was listed in the 53 most competitive cities around the world by World Bank.

  After reform and opening to the outside world, Shenyang adheres to the policy of opening and speeding up city construction, to expand investment, promote basic facilities, promote city functions and perfect the environment. For the moment, Shenyang has already favorable investment environment and numerous advantages in developing export-oriented economy.

  Shenyang is one of the fifteen trial cities for sustainable development of the world. In October 1997, the UN’s second yearly conference for sustainable development cities was held in Shenyang, and Shenyang Declaration was issued. Shenyang has been called the eastern Raul, where the black smoke from factories disappears, and is full of fresh water and trees instead. In a global air quality evaluation to the big cities by World Resources Research Institute, Shenyang is no longer in the top 10 polluted cities, and was elected one of the best tourist cities in China.

  In recent years, Shenyang has been devoting itself in building fundamental facilities, greatly promoted conditions in municipal, communications, energy and environment protection.

  Shenyang never ceases to attach importance to the opening developing strategy of its construction, enhance the exchange and cooperation with the world. After jointly completing Second Grand City-Round-Belt Road project with Hong Kong Changjiang Group, Shenyang cooperated with Hong Kong New World Group again to construct Wangjiazhuang New World Park, and creates a successful example in city construction history of the most investment, the most foreign investment, the broadest opening scope as well as the highest designing level. Up to 1999,192 projects utilizing foreign capitals have been approved, totally utilizing foreign capital USD 1.448 billion in contract and USD 1.141 billion actually.

 
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