Dalian to expand foreign trade as it eyes 1 trillion-yuan milestone

Jinpu New Area

In late June, the groundbreaking ceremony for the pure electric vehicle battery project of joint venture Prime Planet Energy Dalian was held in the Dalian area of China (Liaoning) Pilot Free Trade Zone located in the Jinpu New Area of Dalian.

With a total investment of 3.7 billion yuan, the new project is expected to achieve annual output value of 4 billion yuan once it reaches full production capacity.

The project is expected to fill a gap in the high-end power battery industry in Dalian and boost the development of the entire industrial chain of new energy vehicles in the city.

Jinpu New Area, founded in 2014, is the country's 10th and Northeast China's first State-level new area. The area handles over 70 percent of the foreign trade cargo transportation volume in Northeast China, and over 98 percent of the foreign trade container transportation volume in the region.

The city's core port areas are located in Jinpu New Area, and it operates a number of specialized terminals for containers, automobiles, ores and other goods, according to Lyu Dongsheng, director of Jinpu New Area's administrative committee.

Targeting five strategic emerging industries including digital economy, new energy, new materials, low-altitude economy, and the marine economy, the new area has continued to shape new competitive advantages.

It is accelerating the localized use of artificial intelligence models such as DeepSeek, and steadily promoting the construction of a hydrogen energy industrial park, a new material industrial park, and an ocean economy industrial park.

Lyu said Jinpu will strengthen alignment with international high-standard economic and trade rules, promptly adjust and optimize strategies for institutional innovation, and continuously roll out high-quality innovative outcomes that are highly beneficial to enterprises and that are replicable.