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:
“The development of civilization and industry in general has always shown itself so active in the destruction of forests that everything that has been done for their conservation and production is completely insignificant in comparison.”
—Karl Marx (1818–1883)
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“Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
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