(i) GDP Data
In 2005, the GDP of Liaoning province reached RMB800.5 billion yuan, the proportion of the primary industry, the secondary and the tertiary industry was 6.1%, 60.7% and 33.2% respectively, and the per-capita GDP was RMB18, 965 yuan.
(ii) Data of Industry and Agriculture
Industry
Liaoning is a major industrial province in China and has solid industrial foundation. It has established a sound industrial system with full range of industrial categories, with metallurgical industry, electromechanical industry, petroleum, chemical industry and building materials industry as the leading industry. In 2005, the industrial added value accomplished by Liaoning's industrial enterprises was RMB 300.737 billion yuan.
The Output of Main Industrial Products in 2005
Agriculture
Liaoning has 55 million mu cultivated land and better natural resources such as water, soil, sunshine and heat. In 2005, the sown area of grain crops in Liaoning was 3,052 kha. and the sown area of non-grain crops was 744.7 kha. Liaoning has 14 modern agricultural demonstration bases and a number of "leading" projects which focus on the deep-processing of agricultural and sideline products, In 2005, the total power of agricultural machinery of Liaoning was 18 million kw, and the tractor-ploughed, mechanically-sown and mechanically-harvested level of the whole province was 78.5%, 48.85% and 9.15% respectively.
(iii) Data of Trading and Investment
Import & Export
According to the statistics of the customs, the total import and export volume of Liaonng in 2005 was US$41.013 billion, in which, the total export volume was US$23.439 billion and the total import volume was US$17.574 billion. Liaoning trades with 213 countries (regions) and its top five major trading partners are Japan, South Korea, the U.S.A., Germany and Saudi Arabia.
The Major Export Modes of Liaoning in 2005
Utilization of Foreign Capital
The foreign direct investment actually utilized by Liaoning in 2005 was US$3.59 billion. More than 130 world famous companies have invested and launched factories in Liaoning, they are the GM, PFIZER, DuPont and Goodyear from the U.S.A, the Total SA and Michelin from France, the Thyssen, BMW and BASF from Germany, Mitsubishi, Panasonic, SANYO, TOSHIBA and CANON from Japan, and Hyundai and LG from South Korea. According to the statistics, 2,686 contracts concerning foreign direct investment projects were signed in 2005, and the amount of contracted foreign investment was US$11.016 billion yuan. Among the newly contracted foreign direct investment projects, there were 357 big projects of which the amount of contracted foreign investment is more than US$10 million. The amount of the investment in manufacturing industry, real estate, information transmission, computer and software industry was US$9.389 billion. By the end of 2005 there were 16,542 foreign-funded enterprises which registered with the administration for industry and commerce of Liaoning.
Foreign Cooperation
In 2005 Liaoning accomplished a turnover of US$2.66 billion in respect of foreign economic cooperation; accomplished a turnover of US$652 million in respect of foreign project contracting and labor service cooperation through signing 900 project contracts; and exported 69,400 labors in total. Up to 2005, the number of in-service overseas labors exported from Liaoning had reached 71,100.
Statistics of the Labors Exported from Liaoning
Outward Investments
In 2005, Liaoning invested and launched factories in 75 countries and regions, the number of cumulative overseas investment projects was 439 (including overseas offices), the accumulative investment amount totaled up to US$618.826 million and the cumulative investment amount by Chinese side totaled up to US$420.0552 million
Statistics of the Count, Amount and Royalty of the Import Contracts Classifi ed by Way of Introduction of Liaoning Province in 2005
Introduction of Technology
In 2005, Liaoning signed 264 new contracts concerning introduction of technology, and the total contract amount was US$365 million. The total amount of the new contracts that the key state-owned and state holding enterprises of Liaoning signed for introducing technology in 2005 was US$270 million.
Commodity Circulation
In 2005, the sales of the wholesale and retail trading enterprises of Liaoning totaled up to RMB734.19 billion yuan, in which, RMB486.27 billion yuan is accomplished by the wholesale trade and RMB247.92 billion yuan is accomplished by the retail trade.
In 2005 the total retail sales of consumer goods of the whole province was RMB 299.9 billion yuan. By region, the retail sales of consumer goods in urban district was RMB252.37 billion yuan and that in counties and lower level was RMB47.52 billion yuan. By sector, the retail sales of wholesale and retail trading sectors was RMB247.92 billion yuan; the retail sales of catering was RMB45.31 billion yuan; and the retail sales of other sectors was RMB6.67 billion yuan. By ownership, the retail sales of the state-owned economic sector was RMB17.46 billion yuan; the retail sales of the collective-owned sector was RMB10.84 billion yuan; the retail sales of the joint-stock sector was RMB42 billion yuan; the retail sales of the private sector was RMB49.18 billion yuan; the retail sales of individual economy was RMB168.31 billion yuan; the retail sales of foreign funded enterprises was RMB7.86 billion yuan; and the retail sales of the enterprises funded with the investment from Hong Kong, Macao and Taiwan was RMB3.59 billion yuan.
Commodity Exchange Market
There are 2,824 consumable goods markets in Liaoning in 2005, among which Wuai Market, and Xiliu Market of Haicheng city have become the well known commodity distribution centers both in China and abroad.
Flourishing Commerce
Raw Material Market
There are 261 raw material markets in Liaoning. Some of these markets, such as Shenyang Steel Center Wholesale Market and Dalian Petrochemical Products Exchange Center, with their high capacities of dealing with bulk commodities and radiant distribution functions, have gradually become the centers of distribution and transaction, where the market prices are set, and information released. In 2005, the turnover of raw material for production in Liaoning province reached RMB 1,095.38 billion.
Logistics
With more than 780 professional logistic distribution enterprises in Liaoning, a logistic distribution system has been formed that can reach every corner of the province, and provide agency distribution services to some renown enterprises such as Coca cola, and Pepsi Cola, etc. Volume of food spot transaction in Dalian rates the highest in Asian. Dalian Shuangxing Fruit & Vegetable Logistic can be deemed as the largest distribution center of imported fruits.
Exposition Industry
At present, there are over 20 sites that can be served for exposition in Liaoning with a total area of about 150,000 square meters. 5 of the exposition centers have an area of more than 10,000 square meters respectively. Shenyang and Dalian have become the nation-wide regional exposition centers. Shenyang International Exposition Center occupies an area of 75,000 square meters. Its outdoor exposition area is 34,000 square meters. The area of Dalian Xinghai International Exposition Center is 14,000 square meters. Its outdoor exposition area is 6,000 square meters.
Shopping Street
In the 14 cities under the jurisdiction of Liaoning province there are 138 shopping streets, among which there are both comprehensive shopping streets, such as Zhongjie Street, Taiyuan Street in Shenyang, and Qingniwa Street in Dalian, and specialized shopping streets with professional features, such as Sanhao Street in Shenyang. There are also some shopping streets featuring in ethnic culture, such as shopping street with a style of Qing Dynasty.
Shopping Malls
In large-scale shopping malls, there are not only world famous department stores, marketplaces, restaurants, but also indoor shopping streets, theme parks, cinemas, sport and entertainment facilities, etc. Xinglong Big Family in Shenyang and New Mart Leisure Shopping Plaza are such kind of shopping malls.
Doing Business in Liaoning Province of China:I.Survey
Doing Business in Liaoning Province of China:III.Investment
Doing Business in Liaoning Province of China:IV.Development Zones
