China's move to add Vladivostok in Russia as a cross-border transit port for domestic trade shipments from Jilin province will further bolster economic growth in its northeastern region, trade and logistics experts said on Tuesday.
Northeast China's Jilin province recently launched 20 measures in six areas to stabilize employment and growth, targeting key groups such as college and university graduates, according to local media reports.
Liaoyuan city – located in Northeast China's Jilin province – has established a rapid resolution mechanism for problems that are encountered by its companies and it has also streamlined approvals of engineering projects to improve the business environment.
The value of total industrial output generated by sectors above a designated size in Liaoyuan city, situated in Northeast China's Jilin province, reportedly surged in 2021.
From January to November in 2021, the seven major industries above a designated size in Liaoyuan city, located in Northeast China's Jilin province, reportedly achieved rapid growth, with the total industrial output value increasing by 54.2 percent year-on-year.
The Dongfeng sub-branch of the Postal Savings Bank has launched new financial products to facilitate rural industrial development in Liaoyuan, Northeast China's Jilin province by offering special guarantee loans.
Several major industrial projects are currently under construction in Dongliao county of Liaoyuan, Northeast China's Jilin province, according to local media reports.
In recent years, Liaoyuan in Northeast China's Jilin province has been accelerating the transformation of government functions and made every effort to create a comprehensive, first-class business environment.
