Liaoning's push for high-tech industry expansion

By ZHOU HUIYING | | Updated: 2023-09-18 17:35
Share - WeChat
Containers are stored at Dalian Port in Liaoning province. [Photo provided to]

In the first half of 2023, the China-Germany High-End Equipment Manufacturing Industrial Park (CGIP) achieved a gross industrial output value of 481.5 billion yuan (approximately $66 billion), with a year-on-year increase of 27.8 percent.

The construction plan for CGIP in Shenyang was approved by the State in December 2015, marking the first strategic platform in China focused on Sino-German cooperation in the high-end equipment manufacturing industry.

With an area of 48 square kilometers, CGIP emphasizes the development of five major industries: intelligent equipment, high-end equipment, automobile manufacturing, industrial services, and strategic emerging industries.

It has attracted direct investments from 84 of the world's top 500 companies, such as BMW, ZF Group and Bridgestone.

Liaoning has six ports, including Dalian, Yingkou, Dandong, Jinzhou, Panjin and Huludao, and has the most extensive airport network in Northeast China.

Approved by the State Council in April 2017, the Dalian Area of China (Liaoning) Pilot Free Trade Zone has become an important factor in attracting foreign investment and promoting foreign trade.

"Over the past years, the area has achieved a total GDP of 329 billion yuan, with an annual growth rate of 7.1 percent," said Fu Qiang, deputy director of the zone's administrative committee. "It has gathered one-seventh of the province's foreign-funded enterprises and the total import and export trade volume reached 112.3 billion yuan, accounting for 14 percent of the province."

"Although the Liaoning equipment manufacturing industry has a good foundation for development, it is still facing some difficulties and problems during its development," said Li Kai, deputy head of the China Academy of Northeast Revitalization. "Therefore, while continuing to increase the research on key core technologies and striving to improve the level of autonomy and control of the industrial chain, we should also strengthen the international industrial chain cooperation in the equipment manufacturing industry and promote more and more Chinese brands to global markets."

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349