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Shenyang signs 1,044 big projects in first eight months of the year

Updated : 2020-09-25

From January to August this year, Shenyang signed 1,044 new projects – each with an investment volume of over 100 million yuan ($14.65 million), an increase of 502 projects over the same period last year and a year-on-year increase of 92.6 percent, according to information from Shenyang’s commerce bureau.

The newly-signed projects cover a range of investment tiers: 14 have an investment volume of 10 billion yuan each, 18 projects have an investment volume of 5-10 billion yuan each, 52 projects with an investment volume of 2-5 billion yuan each, and 58 projects with an investment volume of 1-2 billion yuan each.

In terms of project categories, the number of projects in Shenyang’s leading industries accounts for 65.1 percent of the total, and industrial projects account for 36 percent. Meanwhile, projects in the city’s strategic emerging industries account for 26.2 percent.

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