Located in the central area of Shenyang, Heping District is the political, economic, scientific-educational and cultural center of Shenyang.
It covers 61.06 square kilometers, 13 sub-district offices, 89 communities and 10 administrational villages. There are about 646,000 people living in Heping District, including 29 nationalities such as Han, Hui, Manchu, Mongolian, Korean, Xibo.
Industry hubs like North-east Electricity, China Post, and China Railway are located in Heping District as well as several media press like Liaoning Television Station, Liaoning Broadcasting Station, Shenyang Television and Broadcasting Station, North-east News Network, Liaoinng Publishing Group and so on.
Dynamic and Developing Area
Featured with business concentration, Heping District has a history of hundred years of business development and cultural accumulation. Taiyuan Street, one of the famous business streets in China, and Xita Street, second largest Korean inhabitation in the world, has excellent distribution capacity. The Heping District attracts Zhongxing Shopping Mall, New World Department Store and Yishidan Emporium, Mei-mei Shopping Center and other famous business corporations as well as major five-star and four-star hotels in Shenyang, such as Marriott, Intercontinental, Sheraton, Business Hotel and Holiday Hotel. With perfect market system, Heping District has 16 large professional markets including auto parts shopping mall and cookware shopping center, over 10 commercial streets, more than 50 trading centers and nearly 10,000 commodity networks, which forms the largest trading market and shopping area and influences 24 millions populations. 8 cities (each has more than 1 million population) nearby Shenyang, North-east Provinces and Inner Mongolia are all under the influence of this area. Shengli Street Market-group was honored as “National Outstanding Group of Market Management and Innovation”.
The Financial area in Heping District is prosperous and vibrant, which has two financial regulators, Shenyang Branch of the People’s Bank of China (PBC), Liaoning Regulatory Authority of China Securities Regulatory Commission (CSRC), 160 commercial banks, including Liaoning Branch of Industrial and Commercial Bank of China (ICBC), Liaoning Branch of China Construction Bank (CCB), 55 insurance companies, such as People’s Insurance Company of China (PICC) and People’s Health Insurance Company of China, 24 securities firms including Zhongtian Securities CO., North-east Headquarter of Shenyin Wanguo Securities Co., and over a hundred companies of investment, futures, credit, accounting and counseling. Loan balance of Heping District covers over a third in Shenyang and deposit balance covers over a quarter. Heping Street upgrades as the Shenyang Financial Street. As the most active financial area in Shenyang, Heping District was honored as “Financial Ecological Area of China”. The headquarter & skyscraper economy develops fast in Heping District. Many regional headquarters of Fortune 500 enterprises are located in Heping, such as Samsung Electronics from Republic of Korea, Bayer Healthcare from Germany, Toyota Automobile from Japan, Siemens AG from Germany and etc.. Many leading companies like Kodak, Johnson & Johnson and Electrolux are also located in Heping. Heping also attracts investments from doubles of public corporations, including Wanke, Zhonghai Construction, Shimao of COSCO, New World, China Resources and so on. Nowadays, in Heping, there are 97 commercial buildings in total. Among them, 5 commercial buildings pays more than 100 millions taxes, those tax payment over 10 millions are 23. Changbai Island is rewarded as “the Most Potential Island Town in China” and Heping District is titled with “Research Base of Headquarter Economy Development in China”. In 2008, GDP of Heping District reaches 37,400,000,000 Yuan, an increase of 16.7%. The general budget revenue of reaches 2,280,000,000 Yuan, an increase of 25.3%, in which the tax revenue reaches 1,750,000,000 Yuan, an increase of 30.3%. Actual utilization of foreign investment reaches 740,000,000 U.S. dollars, an increase of 16.7%. Achievement of fixed-asset investment is 24,650,000,000 Yuan, an increase of 24.4%. The total retails sale of consumer goods is 30,930,000,000 Yuan, an increase of 22.1%. The per capita disposable income of urban residents reaches 19,156 Yuan, an increase of 16.1%. The per capita GDP reaches 56,929 Yuan, which is closed to the index of Beijing and Shanghai. The major economic index of Heping District is moving forward in the national economic statistics list of urban centers.