The total economic output of Liaoning province made the leap from 1 trillion to 2 trillions in 2012, while the public financial income increased from 100 billion to 260 billion. The breakthrough of total economic output was due to the development of Liaoning enterprises, especially large enterprises like China Zhongwang. Focused on both domestic and international markets with a core development strategy of enhancing innovation to further improve modern enterprise system, China Zhongwang has strived to achieve innovation in technology, management and branding. Moreover, enterprises also fulfill social responsibilities by protecting legal rights of their workers, establishing harmonious labour relationship, and promoting the reform of the income distribution system to motivate workers and to strengthen cohesion.

 

China Zhongwang has been introducing equipment, such as large advanced extrusion presses since 2012 and has insisted on optimizing its structure by increasing volume and promoting business upgrade through innovation. It has been extending its industrial aluminium extrusion industry chain, producing high value-added products in areas such as transportation, machinery and equipment, and electric engineering. The Group has also extended to aluminium deep-processing products and aluminium flat rolled products, both of which have played an important and active role in the development of the Liaoning economic society.