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Liaoning Records Sound Economic Growth
The gross domestic product (GDP) of Liaoning Province, China's largest traditional industrial base, surged 9.5 percent to reach 183.76 billion yuan (more than US$ 22 billion) in the first half of the year, according to official statistics.
The growth rates of the province's agricultural, industrial and the service sectors stood at 4.5 percent, 9.7 percent and 10.1 percent respectively.
The province's sound economic growth is featured by the continuous cropping structural readjustment, improved economic performance of industrial enterprises and the increases in fixed asset investment, market sales, foreign trade, revenue and people' s income during the first six months of this year.
Liaoning has set new targets on improving its economy. Forty large state-owned enterprises are trying efforts to build modern enterprise system within this year.
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