Traditional industries in Liaoning Province in northeast China have survived thanks to the persistent growth of capital investment from around the world.

Local economic and trade departments say that a total of 1.3 billion US dollars was invested in traditional industrial enterprises here last year, and another 1,100 overseas-funded firms were established during the same period.

Liaoning, one of China's old industrial bases, will continue its campaign of promoting cooperation between domestic and multinational firms in the fields of technology, production, marketing, and management. The province has selected 60 successfulstate-owned enterprises as key experimental units to join the cooperation drive.

The Royal Dutch-Shell Group and Texas Oil Co. jointly launched six large petroleum projects this year with Liaohe Oilfield, one of the country's largest, and a great amount of overseas capital is now in place.

Official sources say that more than 100 big names from among the world's top 500 companies, including Michelin, Toshiba, Siemens, and Pfizer are now engaged in Liaoning's traditional industries.