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II. SHENGYANG CITY DEVELOPMENT: CURRENT SITUATION
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B. Features and size of economic development
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2. Rapidly developing tertiary industry
The speed of the development of tertiary industry has been increasing at an annual average rate of 26 per cent, exceeding that of primary and secondary industries.
In 1995, the gross national product (GNP) of tertiary industry accounted for 47.6 per cent of total GNP. Tertiary industry has become a major pillar of the national economy.
Almost 100,000 varieties of commercial institutions existed in 1995, 1.1 times more than in 1990. They included 3,361 State-owned commercial institutions.
The market in consumer goods has tended to be consummate.
The market for production and production services (e.g., the financial, talent, science and technologies, labour, information and real estate markets) also grew rapidly.
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