Yantai Economic and Technological Development Zone is one of the
earliest approved state level economic development zones in China. It now has a
developed area of 16 square kilometers and a population of
Yantai Economic & Technological Development Area (YEDA) lies on the tip of
the Shandong Peninsula facing the Huanghai Sea. Beijing and Dalian are to its
north across the sea, and to its south there are Shanghai and Qingdao. To the
east there are South Korea and Japan. It adjoins to downtown Yantai, merely 6
kilometers away from Yantai Port, 6 kilometers away from Yantai Railway Station,
and a 30-minute drive to Yantai International Airport.
The average annual temperature is 12.5
centigrade, with the lowest record at -13.1 centigrade and the highest at 38
centigrade. The average annual rainfall is 737 millimeters. Because of its
location, Yantai has rich tourist resources.
Communication and Transportation
State Highway from Beijing to Yantai and the freeway from Tongjiang,
Heilongjiang Province, to Sanya, of Hainan Province, pass through the
Yantai Railway Station reaches out onto
the national railway network through Jiaozhou-Ji'nan and Lancun-Yantai Railways.
And under construction now are the Dezhou-Yantai Railway along the Bohai Sea
coast, and the Yantai-Dalian ferry railway.
Yantai Port is one of the top 10 hub
ports of China. There are 15 100,000-ton berths in the port, directly accessing
to more than 100 ports all over the world.
Yantai International Airport operates 35
international and domestic air routes with 127 flights per week.
In Yantai there are 7 universities and
colleges, and 91 secondary technical schools.
The core industries in YEDA include
machinery, equipment, automobiles and parts, electronics and information,
artificial fibers and textiles, food processing, refined chemicals, and
bio-pharmaceutics. YEDA has become China's biggest manufacture base of vehicle
parts and accessories, of diggers and excavators, of chips and boards, of
polyurethane fibers, and of third-generation mobile telecommunication chips and
Priority will be given to
industrial and manufacturing projects and proposals, to foreign investments, to
commodity export efforts, and to high-tech programs. Highlights shall be
passenger cars, machinery, electronics and information, refined chemicals,
medicine and medical products, bioengineering, textiles and garments, food
processing, light industries, and new building materials.
Meanwhile, foreign investment in tertiary or service sectors will be
encouraged. In short, large projects, transnational partnerships, product
development and manufacturing shall enjoy priority in the zone.
(Source: Ministry of Commerce)
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