14 Feb 2017
Liaoyang (Liaoning) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||4,741|
|GDP (RMB billion)||102.9|
|GDP Per Capita (RMB)||55,674|
|Retail Sales of Consumer Goods (RMB billion)||38.9|
|Utilised FDI (USD million)||364.8|
|Exports (USD million)||693.3|
|Imports (USD million)||428.1|
Source: Liaoning Statistical Yearbook 2016
Liaoyang is located in the middle part of the Liaoning Province. The Changchun-Dalian Railway, the Shenyang-Dalian Railway and the Liaoyang-Benxi Railway go through the city. Liaoyang is only 60 km from Shenyang's Taoxian International Airport that offers domestic and international flight routes.
The industry sector is the largest economic contributor to Liaoyang. Metallurgy, metal product processing, chemical fibre, plastic and equipment manufacturing are the major industries in the city.
Liaoyang is an important chemical fibre industrial base in China, example of leading enterprise in this sector include China Petroleum's Liaoyang Petroleum Chemical Fibre Company.
Major Industrial Park / Development Zone
Liaoyang Hi-tech Industrial Development Zone (state-level)
Target industries: Aromatic and fine chemicals, industrial aluminium
Major investors: PetroChina, Zhongwang Group