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Liaoning develops strategic partnership with JD.com
source: Shenyang Municipal Bureau of Foreign Trade & Economic Cooperation  2018-12-18 16:38

Representatives of the government of Liaoning province and JD.com sign a strategic cooperation agreement in Shenyang on Dec 4. [Photo/Liaoning Daily]

The government of Liaoning signed a strategic cooperation agreement with China’s e-commerce giant JD.com in its capital city Shenyang on Dec 4.

Focusing on the needs of Liaoning's industrial development, the two sides will deepen cooperation on Liaoning's supply-side structural reform, State-owned enterprise reform, and transformation and upgrading of the province’s industries, promoting a sustainable and healthy economic development.

According to the agreement, JD.com will take advantage of its experience and technological advantages in e-commerce, intelligent logistics and internet finance to establish modern logistics centers and an efficient e-commerce industrial system in Liaoning that generates added economic value.

To support the business development of JD.com in Liaoning, the provincial government will provide support on land use, administrative examination and approvals. It will also strive to create an easier business environment.

As part of the bilateral cooperation, a joint-meeting mechanism and a working mechanism will be established to make sure the project gets implemented smoothly.

The government of Liaoning and JD.com has a history of cooperation dating back to 2012.

In May, 2012, JD Group registered and established Shenyang Jingdong Century Trade Co., Ltd in Shenyang Hunnan New Area.

In 2013, it established the No 1 Warehouse Logistics Center at the Shenyang Jingdong Mall Asia in Shenyang; in recent years, its business volume has increased by more than 50 percent each year; and daily order volume has reached 300,000.

Currently, an intelligent warehousing and logistics project invested by JD.com, involving Dalian city, as well as Hunnan New Area and Yuhong district in Shenyang, are under construction.

The project covers an area of 810,000 square meters and started construction this May. Total investment in the project reached 7 billion yuan ($1.92 billion).

When put into use around 2020, it is expected to create 2,000 new jobs in Liaoning.

Editor: zfw05