Shuangtaizi District of Liaoning Province Reports Steady Growth in Foreign Investment and Foreign Trade

Strategic Insights -

The Shuangtaizi District of Liaoning Province has achieved significant milestones in foreign investment and foreign trade, driven by its efforts to promote investment and development. Since the beginning of the year, the District Commerce Bureau has taken the initiative to carry out investment promotion work, focusing on the rapid development of the service industry and achieving steady growth in foreign investment and foreign trade. The bureau has provided support to old enterprises, attracted new market players, and connected with various projects to promote foreign trade. As a result, foreign trade imports and exports are expected to reach 650 million yuan in the first half of the year, an increase of 13%.

Key Takeaways:

  • The Shuangtaizi District of Liaoning Province has achieved steady growth in foreign investment and foreign trade, driven by its efforts to promote investment and development.
  • The District Commerce Bureau has provided support to old enterprises, attracted new market players, and connected with various projects to promote foreign trade.
  • Foreign trade imports and exports are expected to reach 650 million yuan in the first half of the year, an increase of 13%.
  • The district has focused on low-altitude projects and projects with investment, sales or output value over 100 million, achieving 67.5% of its annual target for external funding.
  • Funds from outside the province reached 3.174 billion yuan in the first half of the year, up 10.2% year-on-year.
  • The district has attracted 148 reserve projects and 27 new projects, including 5 projects with investment of more than 100 million yuan.
  • The district has implemented measures to promote consumption, such as issuing consumer vouchers and investing 3.5 million yuan to drive the growth of social retail sales by nearly 100 million yuan.
  • The district has also attracted 9 wholesale companies with annual sales of more than 40 million, such as Beiyou Northern Petrochemical (Liaoning) Co., Ltd. and National Grain and Oil.

Statistics:

  • Foreign trade imports and exports are expected to reach 650 million yuan in the first half of the year, an increase of 13%.
  • Funds from outside the province reached 3.174 billion yuan in the first half of the year, up 10.2% year-on-year.
  • 148 reserve projects and 27 new projects, including 5 projects with investment of more than 100 million yuan, have been attracted to the district.
  • 9 wholesale companies with annual sales of more than 40 million, such as Beiyou Northern Petrochemical (Liaoning) Co., Ltd. and National Grain and Oil, have been attracted to the district.
  • 2 projects with an investment of more than 1 billion yuan have been successfully implemented, namely, the annual production of 150,000 tons of iron-based amorphous alloy strips and 100,000 amorphous cores project invested by Jinglan New Materials Technology Co., Ltd. with an investment of 2 billion yuan, and the green intelligent zero-carbon nano new material project invested by Shaanxi Lai De Holding Group Co., Ltd. with an investment of 1.08 billion yuan.

Sources:

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https://www.lnst.gov.cn/html/CYSTQ/202507/0175248732554845.html