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As the capital of Liaoning Province and the largest city and transportation hub in Northeast China, Shenyang plays a key role in the region’s revitalization plan. In recent years, the city has become more business friendly. Shenyang comes into a new era, one that no longer resembles the dusty “rust belt” of the past, but a modern and more technically-advanced global city.
As sizeable quantities of new Grade A office and retail space come onto the market, Shenyang’s real estate market will move into a pivotal stage in its development. In the residential sector, all asset classes are expected to achieve strong price appreciation, and the ongoing integration of the Metropolitan Area will further help to attract wealthy buyers to high-end properties in the city.
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02 September 2011