Lyvshun Economic and Technological Development Area

Lyvshun Economic and Technological Development Area

Located in Lyvshunkou district, Dalian, Liaoning province, Lyvshun Economic and Technological Development Area was built in 1992, and was upgraded to provincial-level in 2002 and State-level in November 2013. Its planned area is 88 square kilometers and it has a population of 100,000.

The area has fostered leading industries including shipbuilding, rail transit, major equipment manufacturing, as well as port and shipping logistics.

It plays a significant role in driving the economy of surrounding areas and accelerating the opening-up of Liaoning Coastal Economic Belt.

In 2017, its GDP reached 11.01 billion yuan ($1.58 billion), an increase of 7.1 percent year-on-year. Fixed asset investment totaled 3 billion yuan, down by 38.3 percent. Revenue from the public finance budget was 1.21 billion yuan, up 16.6 percent.

It has received 3 billion yuan of capital from outside the province.

Actual utilized foreign capital was $11.3 million, with exports of $900 million.

Retail sales of consumer goods totaled 1.14 billion yuan, up 10.5 percent. Meanwhile, the rural per capita net income reached 322,243 yuan, an increase of 7.6 percent.