Liaoning province, 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.
The State Council released the overall planning of the China (Liaoning) Pilot Free Trade Zone on March 31, 2017.