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:
“My plan of instruction is extremely simple and limited. They learn, on week-days, such coarse works as may fit them for servants. I allow of no writing for the poor. My object is not to make fanatics, but to train up the lower classes in habits of industry and piety.”
—Hannah More (1745–1833)
“For almost seventy years the life insurance industry has been a smug sacred cow feeding the public a steady line of sacred bull.”
—Ralph Nader (b. 1934)