Shenyang and Economic Trends

Shenyang is the capital and largest city of China’s northeast Liaoning Province. The city covers an area of 12,800 km2, with a total population of 9 million. It has direct jurisdiction over 10 city districts, 1 satellite city and 2 rural counties.

As a major transport hub in Northeast China, Shenyang is served by air, rail, subway system and an extensive network of streets and expressways, with bus service throughout the city. The city is served by the Shenyang Taoxian International Airport, which is located in Hunnan District and features the largest terminal in northeast China.

Shenyang is an important industrial center in China and is the core of Shenyang Economic Zone, a New Special Reform Zone. It has been focused on heavy industry, especially aerospace, machine tools, heavy equipment and defence, and in recent years on software, automotive and electronics.

Shenyang’s GDP reached 725 billion yuan in 2021, an increase of 0.8 percent over the previous year at comparable prices. The city's total import and export volume was 102 billion yuan, a decrease of 4.2 percent over the previous year. The total import value was 75 billion yuan, down 0.4 percent, while the total export value was 27 billion yuan, down 13.2 percent.

The added value of the primary industry was 30.36 billion yuan, an increase of 2.9 percent, the added value of the secondary industry reached 216.04 billion yuan, up 2.9 percent, and the added value of the tertiary sector decreased by 0.6 percent while still achieving a value of 410.76 billion yuan.