Doing Business in Northeast China
Doing Business in Northeast China
United States Foreign Commercial Service, Shenyang Northeast China
The mission of the Foreign Commercial Service in Shenyang is to assist American businesses enter and succeed in the Northeast China market. Our jurisdiction covers the provinces of Liaoning, Jilin, and Heilongjiang, together representing the fastest growing region of mainland China, with a population of 110 million and a land area of 800k square kilometers.
China’s Northeast region is rich in natural resources, including coal, oil, iron ore, and timber. The region is China’s heavy industrial center for iron and steel, oil, petrochemicals, shipbuilding, machine tools, aviation, and automobile manufacturing. Encompassing one of the world’s three black earth belts, the region is also an important agricultural, animal husbandry, and forestry base for China. The Northeast is China’s largest producer of corn, soybeans, and wheat, and the production of fruit crops and aquaculture are also rising in significance.
In 2003, the central government launched the “Revitalize Northeast” initiative, offering policy and financial incentives aimed at reforming state-owned industrial enterprises and developing new industries in the region, such as information technology, food processing, and services. Since then, plans have continued to develop the Northeast as an important base for China’s manufacturing equipment, new materials and new energy sources, grain and agricultural/stock production, and technological R&D and innovation. The Northeast has also been designated an area for ecological protection, including the region’s wildlife, mountain ranges, wetlands, forests, and grasslands.
In China’s Twelfth Five Year Plan (2011-2015), which outlines key economic development goals for the country, the Northeast region was specifically mentioned in regards to continuing revival of the region’s historic industrial base. Key areas of development focus for Northeast China include:
- Equipment manufacturing
- Raw materials
- Agricultural products and processing
- Financial services
- Software and IT
Other development targets include deepening the reform of state-owned enterprises, supporting the region as a strategic base of national grain production and using the region as a food security base, promoting development of the private sector and SME’s, and reforming collective corporate owned factories.
Steve Green -- Principal Commercial Officer
U.S. Commercial Service, Shenyang
52 Shisi Wei Lu, Heping District, Shenyang, Liaoning, P.R.C. 110003
Phone: [86-24] 2322- 1198
Fax: [86-24] 2322-1733
Northeast China Statistical Data:
2012 GDP: $840,498 million USD
GDP Growth Rate: 11.92%
2012 Total Foreign Trade: $166,382 million USD
Imports: $88,019 million USD
Exports: $78,373 million USD
2012 GDP: $413,355 million USD
GDP Growth Rate: 12.6%
2012 Total Foreign Trade: $103,990 million USD
Imports: $46,040 million USD
Exports: $57,950 million USD
2012 GDP: $198,950 million USD
GDP Growth Rate: 13.4%
2012 Total Foreign Trade: $24,572 million USD
Imports: $18,589 million USD
Exports: $5,983 million USD
2012 GDP: $228,193 million USD
GDP Growth Rate: 9.5%
2012 Total Foreign Trade: $37,820 million USD
Imports: $23,390 million USD
Exports: $14,440 million USD
Tap into Northeast China’s Outbound Travel & Tourism Market!
On June 28, the U.S. Consulate organized its first-ever “Direct Line to American Business” conference call with a focus on how to attract outbound travel and tourism business from northeast China. Click here to access an audio recording. Don’t miss this opportunity to hear from the experts!