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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