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Recently, the **Development and Reform Commission issued the ‘Plan for the High-Quality Development of the Liaoning Coastal Economic Belt’. As the main maritime route for the Northeast and a crucial window for opening up to the outside world, the Liaoning Coastal Economic Belt is a promising international shipping hub in Northeast Asia and a vital region for the comprehensive revitalization of the Northeast. The Plan states that the Liaoning Coastal Economic Belt should focus on optimizing its industrial structure and building a world-class petrochemical and fine chemical industry base. In terms of the petrochemical industry, the Plan calls for strict control over the addition of new refining capacity. It emphasizes optimizing the industrial layout in accordance with the principles of regional and corporate concentration, promoting the shift from oil refining to chemical production, raising the level of integration between refining and chemical processing, and establishing petrochemical industry bases on Changxing Island (Xizhong Island) as well as a fine chemical industry belt in the Liaodong Bay area. Promote the upgrading of the industrial chain to higher levels, focusing on the development and improvement of industrial chains related to olefins, aromatics, and fine chemicals. Actively foster industries such as new chemical materials, catalysts, and pharmaceutical intermediates, with an emphasis on developing high-tech, high-value-added fine chemical products such as high-performance synthetic resins, special engineering plastics, special synthetic rubbers, and premium lubricants. The Liaoning Coastal Economic Belt will carry out development projects for three major chemical industry chains: olefins, aromatics, and fine chemicals. Olefin industry chain: Focusing on the Changxing Island (Xizhong Island) petrochemical industry base, it leverages olefin resources to develop high-value-added products such as ethylene glycol, high-density polyethylene, styrene, polypropylene, and butadiene. This creates industrial advantages in areas such as synthetic resins, synthetic rubbers, and synthetic fibers, thereby driving the development of downstream application industries. Aromatic hydrocarbon industry chain: Building on the industrial foundations in Dalian and Panjin, it utilizes aromatic hydrocarbon resources as a starting point to develop differentiated polyester fibers, polyester engineering plastics, polyester films and other products, thereby driving the growth of the textile fabric industry. Fine chemical industry chain: Optimize and enhance the fine chemical industry clusters in Dalian and Panjin, while supporting cities such as Jinzhou, Huludao, and Yingkou in developing their fine chemical industries. Focus on developing new chemical materials such as engineering plastics, high-performance synthetic fibers, carbon products, special rubbers, and functional membrane materials, as well as green, high-end specialty chemicals like electronic products, new types of catalysts, environmentally friendly water treatment agents, and oil additives. The Liaoning Coastal Economic Belt needs to foster and strengthen new industrial brands; for example, it should develop the industry of chemical new materials and promote the research, development, and application of products such as new types of textile coatings, new dyes, and metallocene polyethylene. Develop a new type of green fiber industry, advance the production of differentiated functional fibers, recycled polyester fibers, and bio-based fibers, and support the research, development, and application of high-performance fibers such as carbon fiber and aramid. Regarding the implementation of an innovation-driven development strategy, the Plan proposes to support leading enterprises in industries such as fine chemicals, equipment manufacturing, and new materials to form systematic, task-oriented innovation consortia by uniting large, medium, and small enterprises along the industrial chain, as well as academic and research institutions. It also calls for the establishment of market-based mechanisms to link interests among academia, industry, and research, in order to foster a technology innovation system that is driven by enterprises, oriented toward the market, and features deep integration of all relevant stakeholders. Accelerate the construction of the Fine Chemicals and Catalysis Research Center and the Intelligent Manufacturing Research Center at the Liaoning Laboratory. The Plan requires that the innovation chain be developed in line with the industrial chain, with a focus on making breakthroughs in key core technologies in areas such as fine chemicals, clean energy, and marine new energy. Efforts should be made to develop several internationally and domestically leading technologies and innovative products, while also fostering the growth of industries such as advanced materials and next-generation artificial intelligence. The petrochemical industry should rely on scientific and innovation resources in cities such as Dalian and Panjin to focus on the research and development of production processes and products for chemical catalysts, high-end lubricants, specialty rubbers, engineering plastics, carbon fibers, etc. The Plan requires that the Liaoning Coastal Economic Belt strengthen regional industrial cooperation, arrange industries such as petrochemicals in a differentiated manner, and create an industrial layout characterized by complementary strengths. Dalian focuses on developing the green petrochemical industry ； Jinzhou focuses on developing industries such as fine chemicals and new materials ； Yingkou focuses on the development of the fine chemicals industry ； Panjin focuses on developing the petrochemical and fine chemical industries, while fostering the growth of new materials and new energy industries ； Huludao focuses on developing the fine chemical industry. The Liaoning Coastal Economic Belt is located in the northeastern coastal region of China, adjacent to the Bohai Sea and the Yellow Sea. It encompasses the administrative areas of six coastal cities – Dalian, Dandong, Jinzhou, Yingkou, Panjin, and Huludao. The land area is 56,500 square kilometers, the coastline stretches 2,920 kilometers long, and the marine area covers 68,000 square kilometers. It enjoys significant geographical advantages and possesses excellent natural resources. In 2020, the permanent population of this region was 18.496 million, and its gross regional product was 1.2 trillion yuan.