Nurturing business

Construction of the Tiexi Modern Construction Industrial Park provides more opportunities for Yuanda, said Guo Zhongshan, vice board chairman of Yuanda Group.

In addition to nurturing homegrown businesses, Tiexi's advantages have attracted nearly 100 multinationals, 36 of them Fortune 500 firms including GE and BMW.

"A strong industrial base, advantageous location, well-trained human resources, and upgraded infrastructure all provide a guarantee for development of Shenyang's modern construction industry," said Liu Changfa, president of China Building Materials Industry Planning and Research Institute.

With an annual output of nearly 80 billion yuan in 2008, construction industry has already become a crucial contributor of the city's economy.

"The Tiexi Modern Construction Industrial Park provides an instrumental platform for Shenyang's development in the new era. With a more open mind, high-quality services and friendly environment, we are on top gear to build the park into a national demonstration zone of modern construction industry," said Wang Ying, the city's vice-mayor.