Liaoyang is rich in natural resources. There are more than 30 kinds of known mineral deposits, with considerable reserves of iron, coal, gold, copper, oil, gypsum, clay, water chestnut and magnesium, and abundant natural gas. Tanghe mineral spring is famous at home and abroad. Iron ore reserves rank second in the province, coal reserves rank fifth in the province and gypsum reserves rank first in the northeast. Tanghe hot spring is a precious medical mineral spring with high radon and silicic acid content, which has remarkable curative effect on chronic diseases. Cold spring is a natural water source with low salinity of sodium bicarbonate, and it is an ideal water source for processing beverages after national identification. Liaoyang has many rivers and rich water resources. There are 29 rivers, such as Taizi River and Hunhe River, which are distributed all over the country. Shenwo and Tanghe Reservoirs can store 654.38+0.5 billion cubic meters of water. Liaoyang has a good ecological environment, and the eastern mountainous area is rich in fruit forests, with a forest coverage rate of 35.2%. "Liao Hong No.1" hawthorn is well known, and it is also rich in apples. Hundreds of Chinese herbal medicines produced in mountainous areas, China Pharmacopoeia 167. The western plain is rich in soil and water resources, and is rich in crops such as rice, sorghum, corn and soybeans. Many ponds are suitable for breeding freshwater fish, and they are the land of fish and rice. Liaoyang County and dengta city are the key grain producing areas in the province, as well as the national commodity grain base counties and key freshwater fish breeding counties.
Liaoyang city has a relatively complete industrial category. Including petrochemical fiber, light industry, textile, metallurgy, chemistry, machinery, electronics, building materials, energy, medicine and food processing. Among them, chemical fiber industry is one of the national key bases. Liaoyang Petrochemical Fiber Industry Co., Ltd. is a super-large petrochemical fiber joint venture in China, mainly importing equipment, with modern technical equipment and management level. Liaoyang has the largest pharmaceutical machinery factory and the national paper machinery and industrial paperboard production base, and the ferroalloy factory is a key enterprise in the national ferroalloy industry.
Liaoyang enjoys an excellent geographical position and convenient transportation and communication. Changda Railway and Shenyang-Dalian expressway run through the north and south, 332km away from Dalian Port, 62km away from Yingkou Bayuquan Port/KLOC-0 and 60km away from Shenyang Taoxian International Airport. The city's road network extends in all directions. Communication is convenient, the city has realized telephone program control, and international direct dial telephone, mobile phone and fax are widely used. Liaoyang is rich in electric power resources, the northeast transmission line runs through the territory, and there are 5 thermal power plants, which are self-sufficient in electricity and have been transferred in large quantities.
Liaoyang has developed agriculture and rural economy. The western plain is rich in soil, rich in rice, corn and freshwater fish, and enjoys the name of "granary"; The eastern mountainous area is rich in forest fruit, hawthorn and Nanguo pear. Liaoyang is a national and provincial commodity grain base and a lean pig and freshwater fish breeding base. The "high-yield, high-quality and efficient" agriculture, which focuses on the "five developments" of high-yield and high-quality grain fields, vegetable greenhouses, animal husbandry (yellow cattle, pigs and broilers), forestry and fruit industry and freshwater aquaculture, is developing in depth. Nine production bases of high-quality agricultural products have been built in the rural areas of the city, and the leading industry of 10 and the industrial chain of 10 have been cultivated, forming a regional pattern adapted to the characteristics of resources. Township enterprises have formed a number of influential township enterprise groups focusing on mining development, building materials, steel processing, agricultural and sideline products processing and tourism shoes and clothing processing. Steel formwork, textile luggage, aluminum profile, travel shoes, leather processing and other industries have great influence in Northeast China and even the whole country.