Liaoning has a superior location and enjoys convenient transportation.
Liaoning province, which is called "Liao" for short, is the southernmost of the three provinces in Northeast China. Liaoning has the largest provincial economy in Northeast China. It registered a GDP of 2.53 trillion yuan ($367 billion) in 2018, an increase of 5.7 percent over the previous year.
Liaoning is an important old industrial base in China with complete industrial categories and systems, especially in the equipment manufacturing, petrochemicals, metallurgy, aviation and navigation industries.
