Private investment grows by 12.3% in Liaoning

Liaoning’s fixed investment saw significant growth during the first seven months of this year, with year-on-year growth of 10.4 percent, including an increase in private investment of 12.3 percent.

Thanks to continuous improvement in the local business environment, investment has continued to grow rapidly.

The province attracted 285.24 billion yuan ($41.62 billion) in the first seven months of 2018, including foreign investment of 3.48 billion dollars, and domestic investment of 261.45 billion yuan.

At the same time that private enterprises have become the main investors in Liaoning, local private enterprises have attracted investment of 113.8 billion yuan, a year-on-year increase of 48.8 percent, which exceeded the total sum received by State-owned enterprises and joint-equity enterprises.