Liaoyang’s economy

In 2011, Liaoyang City's regional GDP was 88.87 billion yuan, an increase of 13.5% over the previous year based on comparable prices. Among them, the added value of the primary industry was 5.64 billion yuan, an increase of 6.7%; the added value of the secondary industry was 56.12 billion yuan, an increase of 13.6%; the added value of the tertiary industry was 27.11 billion yuan, an increase of 14.9%. The ratio of the three industries in GDP is 6.4:63.1:30.5. The per capita regional GDP was 47,791 yuan, calculated at comparable prices, an increase of 13.5% over the previous year. The local general budget revenue was 10.02 billion yuan, an increase of 31.0% over the previous year.

In 2012, Liaoyang City’s regional GDP was 101.03 billion yuan, an increase of 10.3% over the previous year based on comparable prices. Among them, the added value of the primary industry was 6.33 billion yuan, an increase of 5.2%; the added value of the secondary industry was 63.84 billion yuan, an increase of 11.1%; the added value of the tertiary industry was 30.86 billion yuan, an increase of 9.7%. The proportion of the three industries in GDP is 6.3:63.2:30.5. The per capita regional GDP was 54,405 yuan, an increase of 10.5% over the previous year based on comparable prices. Liaoyang is a national and provincial commercial grain base and a key area for lean pig and freshwater fish breeding. It has developed agriculture and rural economy. The western plains are fertile and rich in rice, corn and freshwater fish. It is known as the "granary"; the eastern mountainous areas are lush with fruits. , rich in hawthorn and Nanguo pear. Liaoyang is a national and provincial commercial grain base and a lean pig and freshwater fish breeding base. "High-yield, high-quality, and efficient" agriculture is developing in depth, focusing on the "five developments" of high-yield and high-quality grain fields, vegetable greenhouses, animal husbandry (cattle, pigs, broilers), forestry and fruit industry, and freshwater aquaculture.

In 2012, the added value of agriculture, forestry, animal husbandry and fishery in Liaoyang City was 6.33 billion yuan, an increase of 5.2% over the previous year based on comparable prices. Among them, the added value of agriculture was 2.48 billion yuan, an increase of 2.7%; the added value of forestry was 120 million yuan, an increase of 6.1%; the added value of animal husbandry was 2.89 billion yuan, an increase of 6.5%; the added value of fishery was 710 million yuan, an increase of 7.9%; the added value of agriculture, forestry, animal husbandry and fishery services 120 million yuan, an increase of 9.2%. The annual sown area of ??grains was 141.2 thousand hectares, a decrease of 0.7% from the previous year; the sown area of ??cash crops was 23.4 thousand hectares, an increase of 11.3%, of which the sown area of ??vegetables and edible fungi was 19.7000 hectares, an increase of 13.4%. The total grain output for the year was 919,000 tons, a decrease of 7.6% from the previous year. The output of vegetables and edible fungi was 908,000 tons, an increase of 3.7%. The output of melons and fruits was 77,000 tons, a decrease of 3.2%. The annual output of pigs, cattle, sheep and poultry was 163,000 tons, the output of poultry eggs was 107,000 tons, and the output of milk was 22,000 tons. The output of aquatic products is 88,000 tons. The industrial categories of Liaoyang City include more than a dozen major industries including petrochemical fiber, light industry, textile, metallurgy, chemistry, machinery, electronics, building materials, energy, medicine and food processing. Among them, the chemical fiber industry is one of the key national bases. Liaoyang Petroleum and Chemical Fiber Industry Company is a large-scale petrochemical fiber joint enterprise in China that mainly introduces equipment and has modern technical equipment and management level. Liaoyang has the country's largest pharmaceutical machinery factory and the country's papermaking machinery and industrial cardboard production base. The ferroalloy factory is a key enterprise in the country's ferroalloy industry.

Township enterprises have formed a number of influential township enterprise groups focusing on mining development, building materials, steel processing, agricultural and sideline products processing, travel shoes and clothing processing. Steel formwork, textile bags, aluminum profiles, travel shoes, leather clothing processing and other industries have a great influence in the Northeast and even the country.

In 2012, the added value of industrial enterprises above designated size in Liaoyang City was 51.54 billion yuan, an increase of 11.2% over the previous year based on comparable prices. The added value of high-tech products for the whole year was 19.93 billion yuan, an increase of 7.7%, accounting for 38.7% of the added value of industries above designated size. The annual product sales rate of industrial enterprises above designated size was 98.5. Among them, the product sales rate of state-owned enterprises is 88.6, the product sales rate of collective enterprises is 107.5, the product sales rate of joint-stock enterprises is 98.4, and the product sales rate of foreign and Hong Kong, Macao and Taiwan-invested enterprises is 99.2.

Throughout the year, industries above designated size achieved main business income of 210.44 billion yuan, total profits and taxes of 18.22 billion yuan, and total profits of 7.04 billion yuan. In 2012, Liaoyang City’s fixed asset investment (excluding farmers) was 59.38 billion yuan, an increase of 23.5% over the previous year. The added value of the wholesale and retail industry for the whole year was 6.45 billion yuan, an increase of 13.9% over the previous year based on comparable prices; the added value of the accommodation and catering industry was 1.28 billion yuan, an increase of 7.8%. The total retail sales of consumer goods for the whole year was 28.38 billion yuan, an increase of 15.8% over the previous year. The total import and export volume for the whole year was US$910 million, an increase of 18.8% over the previous year. At the end of 2012, Liaoyang City had foreign trade with 108 countries.

In 2012, Liaoyang City received 21.422 million domestic and foreign tourists, an increase of 12.0% over the previous year. Among them, 21.383 million domestic tourists were received, an increase of 12.0%; 39,000 inbound tourists were received, an increase of 15.1%. Among the inbound tourists received, 37,000 were foreigners and 2,000 were compatriots from Hong Kong, Macao and Taiwan, an increase of 14.4 and 32.8 respectively. The total tourism revenue for the year was 19.86 billion yuan, an increase of 21.8% over the previous year. Among them, domestic tourism revenue was 19.71 billion yuan, an increase of 22.0%; tourism foreign exchange income was 24.02 million US dollars, an increase of 15.5%.