Industry
YEDA is the largest producer of automotive parts in China (2006). Core industries at YEDA include industrial machinery, automobiles and parts, electronics, artificial fibers and textiles, and bio-pharmaceutics. A Foxconn plant nearby is a large source of employment in the district.
Read more about this topic: Yantai Economic And Technological Development Zone
Famous quotes containing the word industry:
“That some should be rich, shows that others may become rich, and hence is just encouragement to industry and enterprise.”
—Abraham Lincoln (1809–1865)
“Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
—Sébastien-Roch Nicolas De Chamfort (1741–1794)
“Whatever I may be, I want to be elsewhere than on paper. My art and my industry have been employed in making myself good for something; my studies, in teaching me to do, not to write. I have put all my efforts into forming my life. That is my trade and my work.”
—Michel de Montaigne (1533–1592)