An exchange conference for entrepreneurs from Beijing, Tianjin and Hebei province to invest in Shenyang was held on Oct 30.
Beijing and Shenyang have signed cooperation agreements for 208 projects, with a total investment of 288.7 billion yuan ($42.38 billion), 43.2 billion yuan of which already completed construction, according to the conference.
Among the cooperation projects, those in emerging industries such as high-end equipment manufacturing, new-generation information technology, new materials, aviation, big data, and e-commerce account for 40 percent of the total.
The two cities have also committed to deepening cooperation in tourism, agriculture, and exhibitions.