On June 18, the Information Office of Liaoning Provincial People’s Government held the thirty-fifth press conference of the series titled “Making Breakthroughs for Revitalization, and Striving for Decisive Achievements”, presenting the important plans, major tasks, and specific measures conducted by the Panjin Municipal People’s Government.

In the first five months, Panjin registered 120 new technology-based small and medium-sized enterprises and 13 “young eagle” and “gazelle” enterprises, with technology contract turnover increasing by 12.4%. The city planned and reserved 814 projects with a total investment of 382.5 billion yuan. 147 new projects were signed and registered, with an agreement amount totaling 21.45 billion yuan. Actual utilized domestic investment reached 23.2 billion yuan, growing by 15.2%. A total of 305 projects were launched or resumed, with fixed asset investment growing by 17%, ranking first in the province.

From January to May, Panjin issued over 24.7 million yuan in consumer subsidies, driving sales of major commodities such as automobiles and home appliances to 1.9 billion yuan. Tourist arrivals and comprehensive tourism revenue increased by 32% and 30.5% respectively. Container throughput at Panjin Port grew by 3.4%, with total import and export value increasing by 22.9%.

Panjin will strive to achieve annual regional GDP growth of around 5.5% and a 5.4% rise in industrial value added above designated size. The city will develop 35 exemplary 15-minute radius livelihood service circles and boost consumption in culture, sports, and tourism. It aims to increase nationwide R&D spending by 7%, commercialize over 90 scientific and technological achievements throughout the year, and achieve technology contract turnover of over 1.3 billion yuan. The city will advance the construction of Panjin Port’s 100,000-dwt berth, and ensure the completion of a 300,000-dwt crude oil terminal within this year. Panjin will vigorously develop new forms of foreign trade such as cross-border e-commerce and overseas warehouses to develop a higher-level open economy. The city strives to achieve a 10% increase in actual utilized domestic investment and 400 million US dollars in actual use of foreign investment.