New opportunities for Liaoning to revitalize industrial base

The central authorities have intensified their efforts in recent years to revitalize Northeast China, which usually refers to Heilongjiang, Jilin and Liaoning provinces, as well as the eastern part of the Inner Mongolia autonomous region.

Local governments in the northeastern region, too, have intensified their efforts to boost the local economies, with Liaoning serving as a prime example. Liaoning has vowed to establish an opening-up cooperation hub in Northeast Asia, aimed at not only boosting the province's own development but also helping deepen regional economic cooperation in order to develop new quality productive forces to facilitate the province's high-quality development. Liaoning is transforming its geographical advantages, industrial foundation and opening-up potential into a powerful driving force for the region's revitalization and innovation-driven development.

Liaoning occupies an irreplaceable strategic position in Northeast Asia's economic landscape. Geographically, it sits at the intersection of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and plays a key role in promoting trade cooperation among China, Japan, South Korea and enhancing China-Mongolia-Russia Economic Corridor.