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Gross Domestic Product (GDP): 600.25 billion yuan in 2003.


Annual GDP growth rate: 11.5%.


GDP per capita: 14,258 yuan.


GDP ratio (1st, 2nd and tertiary industries): 10.4:47.5:42.1


Fiscal revenue: 89.92 billion yuan in 2003, up 19.8 percent over the previous year.


Industrial revenue and growth rate


In 2003, the industrial added value of Liaoning Province reached 251.04 billion yuan, up 11.6 percent.


Agricultural output value: 120 billion yuan in 2003, up 7.1 percent. The sown area of grain was 2.56 million hectares, down by 3.6 percent from the previous year.




In 2003, the total retail sales of consumer goods reached 233.08 billion yuan, up by 12.3 percent over the previous year. At the end of the year, there were 3,243 commodity trading markets in the province. The annual sales volume reached 173.6 billion yuan, down by 3 percent from the previous year.


Foreign trade


According to customs statistics, the total export and import volume of the area in 2003 was US$26.56 billion, up by 22.2 percent over the previous year. Exporting destinations of the province expanded to 177 countries and regions. The volume of exports to the United States was US$2.15 billion, up by 18.6 percent over the previous year; that to Hong Kong, US$610 million, up 40.6 percent; that to Japan, US$5.17 billion, up 10.4 percent; that to Korea, US$1.56 billion, up 23.3 percent; and that to Russia, US$170 million, up 27.9 percent.


Foreign capital utilization


In 2002, Liaoning approved a total of 2,328 foreign investment contracts involving a value of US$9.83 billion. The two figures were up by 9.2 percent and 32.2 percent respectively over the previous year. The actually utilized foreign capital amounted to US$5.71 billion, up by 34.2 percent.


Pillar industry


Petrochemicals, metallurgy, electronics and machinery are the four pillar industries of Liaoning Province.


The processing capacity of the petrochemical industry is 28 million tons. The main products include gasoline, kerosene, diesel oil, dissolvent oil, paraffin wax and a series of downstream products.


There are over 1,100 metallurgy enterprises, with various kinds of products such as bars, panels, strips, pipes and special steel and metal products.


The province has a highly developed electronics industry. The competitive advantage of six key products, that includes color TV kinescope, color TV, video tape recorder, telecommunication equipment, computer hardware and software, electronic equipment and integrated circuits (IC), took shape and brought up the development of other industries.


Over 1,000 machinery enterprises in Liaoning can produce nearly 20,000 products of 138 kinds. The province can produce heavy-duty mine machinery, petrochemical equipment, power transmission equipment and transformers, metalworking machine tools, ocean vessels and diesel locomotives.


People in poverty and aid programs


The annual per capita disposable income of urban households was 7,241 yuan in 2003, up by 11 percent over the previous year. The per capita net income of rural households was 2,934 yuan, a real increase of 6.7 percent. The Engel coefficients (which refers to the proportion of expenditures on food to the total consumption expenditures of households) were 39.4 percent for urban households and 43.2 percent for rural households.


There were 1.5 million poor in rural areas. A total of 1.596 million urban residents received the minimum income relief from the governments.

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