On the day of the opening of the Civil Affairs Commission, Shenyang held a major investment project promotion conference, where over 1,300 projects with a total investment exceeding 300 billion yuan were officially announced. Among these, 200 key projects totaling 100 billion yuan focused on industries such as auto parts, eco-friendly construction materials, engines, and component manufacturing. The event attracted significant attention from both domestic and foreign private entrepreneurs, especially in the auto parts and engine sectors.
Many local private business leaders actively engaged in negotiations during the conference, showing strong interest in the opportunities presented by Shenyang's growing industrial landscape. Notably, several large-scale projects have already been secured in the city, including a major auto parts market being developed by Wenzhou-based companies.
Wen Lingjian, from Wenzhou Minyang Electric Group Co., Ltd., revealed that the company plans to invest 100 million yuan to build the largest auto parts market in Northeast China, covering an area of 40,000 square meters, located on the site of a former transformer plant. This initiative is expected to greatly enhance the region’s automotive industry infrastructure.
In addition, the Beierlu Auto Trade Zone in Shenyang has seen the completion or ongoing development of 30 automobile franchise stores. Once the new auto parts market is fully operational, it will serve as a crucial supporting service for the trade zone, further boosting its role as a regional hub for automotive commerce.
The event marked a significant step forward in attracting investment and promoting economic growth in Shenyang, signaling a promising future for the city's industrial development. Source: Huashang Morning News
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