14 Feb 2017
Shenyang (Liaoning) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||13,308|
|GDP (RMB billion)||727.2|
|GDP Per Capita (RMB)||87,734|
|Retail Sales of Consumer Goods (RMB billion)||388.3|
|Utilised FDI (USD million)||1,061.2|
|Exports (USD million)||6,751.3|
|Imports (USD million)||7,294.4|
Source: Liaoning Statistical Yearbook 2016
Shenyang is the capital city of the Liaoning Province, acting as a transportation hub with railways and highways radiating out from the city to other major cities and provinces. It is designated as a national hub in MOFCOM’s development plan (2015-2020) of distributive trade and logistics.
Shenyang Taoxian International Airport offers 63 domestic routes and 11 international routes to Tokyo, Sapporo, Seoul and Russia, etc.
Shenyang is also an educational hub in Northeastern China. It is home to the renowned North-Eastern University, which has provided an excellent pool of engineers for the industry sector.
It ranked as the 23rd most competitive city in China in 2016, according to the Chinese Academy of Social Sciences.
Shenyang is the largest industrial production base in Liaoning. Machinery and equipment is the largest industrial sector, accounting for some 50% of the total value added of the industry sector. Other major industries in Shenyang include automobiles and auto-parts, pharmaceuticals and chemicals, agricultural products-processing, non-ferrous metallurgy and construction materials.
Major Industrial Parks / Development Zones
1. Shenyang Economic and Technological Development Zone (state-level)
Target industries: Equipment manufacturing, automobiles, auto-parts, chemicals, medicine
Major investors: Northern Heavy Industries, North Traffic Heavy Industry, Shenyang Machine Tools, Tebian Electric Apparatus, Shenyang Chemicals, ABB, BASF, Daimler Chrysler
2. Shenyang Free Trade Zone (state-level)
Target industries: Electronics and information technology, advanced manufacturing, new materials, bio-pharmaceuticals
3. Shenyang High-tech Industrial Development Zone (including Shenyang Cross-strait Technological Park) (state-level)
Target industries: Information technology, advanced manufacturing, bio-pharmaceuticals, new materials
Major investors: Neusoft, LG, Tsinghua Tongfang, Mitsubishi, Siasun Robots, Toshiba, GE, Xiehe Pharmaceuticals, Shuangding Pharmaceuticals