On April 21, the Information Office of Liaoning Provincial People’s Government held the thirteenth press conference of the series titled “Making Breakthroughs for Revitalization, and Striving for Decisive Achievements”, presenting the updates on Liaoning’s efforts to expand effective investment, deepen central-local cooperation, and accelerate progress on major projects.

In the first quarter of 2025, the province’s fixed-asset investment grew by 7.8% year-on-year, surpassing the national average of 4.2% by 3.6 percentage points. This ranked Liaoning 11th among all provinces and marked the seventh consecutive month above the national average. Ten cities in the province reported investment growth rates above the national average. Huludao (24.2%), Fushun (23%), and Jinzhou (20.6%) achieved robust starts with growth exceeding 20%; Fuxin (15.3%), Chaoyang (13.2%), Tieling (11.8%), and Panjin (10.8%) outperformed expectations with growth above 10%; meanwhile Benxi (8.6%), Shenyang (6.2%), and Anshan (6.1%) maintained steady growth above the national benchmark.

Liaoning’s investment structure continued to optimize. Manufacturing investment rose by 13.2% year-on-year, accounting for 26.7% of total investment, marking an increase of 1.2 percentage points compared to the same period last year. The services sector accelerated its quality upgrades, with investment in wholesale and retail trade surging 70.1%, leasing and business services growing 54.7%, and transportation, storage, and postal services increasing 35.7%.

In the first quarter of 2025, the province launched 7,850 construction projects, with completed investment rising 14.9%. Among these, 350 key provincial projects in major engineering works contributed over 45 billion yuan in investment, accounting for 29% of the province’s total. Additionally, 285 central-local collaboration projects at the provincial level completed nearly 25 billion yuan in funding, driving a 25.2% increase in central project investment.