Liaoning gains more attention from foreign investors

Northeast China's Liaoning province is on a fast track to solidifying its status as an investment hub by drawing growing attention from a number of foreign investors bullish on its market potential.

Through implementing a series of policies conducive to foreign investment and bringing forth more opportunities for foreign companies, the province has become home to the commercial presence of industry leaders such as South Korea's SK Group, France's Michelin and BMW Brilliance Automotive — a joint venture between Germany's BMW Group and Brilliance China Automotive Holdings Ltd.

By the end of 2023, Liaoning had accumulated a total of $245.5 billion in foreign investment. The province's goods have been exported to over 200 countries and regions worldwide, among which the export of electric passenger cars, lithium batteries and solar cells all enjoyed substantial year-on-year surges.