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Liaoning high-tech industry sees booming growth

Updated: Jun 17, 2024 By Zhang Xiaomin and Wu Yong chinadaily.com.cn Print
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Employees are working in the workshop of Shenyang Vycon Flywheel Co Ltd in Shenyang, Liaoning province, June 13, 2024. [Photo by Zhu Xingxin/chinadaily.com.cn]

Liaoning persists in making technological innovation the primary driving force for revitalization and development, continuously optimizing the policy system to support the development of technology companies.

In 2023, the number of technology-based small and medium-sized enterprises in Liaoning increased by 56 percent annually, with a local conversion rate of technological achievements reaching 55.5 percent and a 30.8 percent year-on-year increase in technology contract turnover.

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