Economy
Massive capital investment was concentrated in Dairen (now the capital of the territory), wherein Japanese firms developed a significant industrial infrastructure, as well as creating a first class port out of the mediocre natural harbor. The facilities of the port at Dairen and its free trade port status made it the principal trade gateway to northeast China. The South Manchurian Railway Company was headquartered in Dairen, and some of the profits from its operation were channelled into transforming Dairen into a showcase city of modern city planning and modern architecture, with hospitals, universities and a large industrial zone.
Read more about this topic: Kwantung Leased Territory
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)