The "Five Types of Economy" Application Scenario Launch Event and Major Project 
Signing Ceremony was held in Shenyang, the capital city of Northeast China's 
Liaoning province on May 27, according to the Information Office of Shenyang 
People's Government.

The conference provides 729 scenario projects with investment opportunities of 
CNY 708.255 billion. Responsible persons from 13 districts and counties in 
Shenyang signed contracts with 440 enterprises with a contract amount of CNY 
283.57 billion. 266 Innovative projects account for the highest proportion, 
with an estimated total investment of CNY 142.264 billion. Ten foreign-funded 
projects have been signed, including the German DEKRA project, the online 
cross-border e-commerce project in cooperation with duty-free shops in South 
Korea, and the Grammer-BMW consoles  and armrests production line project, 
reflecting Shenyang's strong attraction to the international market.

Lv Zhicheng, mayor of Shenyang, said Shenyang is in the golden period of 
upgrading with obvious advantages in location, innovation, industry and policy. 
To cultivate the "Five Types of Economy" is an important measure for Shenyang 
to develop the new economy.

While planning the project list of the "Five Types of Economy" application 
scenarios, Shenyang promotes the building economy to form a brand-new 
development pattern. Shenyang has begun to invigorate building resources since 
last year. Up to now, the city has invigorated 3.5859 million square meters of 
buildings, and 113 buildings have injected new vitality into the city's 
economic development. At this conference, a total of 50 high-quality building 
resources were launched with cooperation opportunities of 1.824 million square 
meters.

In the future, Shenyang will anchor the goal of building an international 
center city in Northeast Asia, a national advanced manufacturing center, and a 
regional cultural and creative center, deepen the development of the "Five 
Types of Economy", and promote the all-round revitalization of Shenyang.

Song Yanlin, director of Liaoning Provincial Department of Commerce, said 
Shenyang has taken the lead in formulating and implementing the "Five Types of 
Economy" three-year action plan throughout the country to build an important 
strategic plan for a new development pattern. With the release of the list of 
the second batch of "Five Types of Economy" scenario projects and high-quality 
building investment resources, Shenyang will gradually enter a new mode of 
economic development and embark on a new development path.

Source: The Information Office of Shenyang People's Government

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and Major Projects Signing Ceremony