Economy
Zichuan has a typical economic structure of heavily industrialized zones. In 2008, Proportion of the first industry, the second industry and third industry is 1.88∶63.63∶34.49. Total GDP the year is 25.85 billion Yuan. The large concentration of architectural ceramics of Zichuan make 60% of the total output of Zibo's ceramics industry. They also count for 30% of the GDP in Zichuan. Zichuan also boasts for Zichuan Garments Town-one of China's biggest cloths markets. An annual Domestic trading expo of quite large scale is held within the market.
The cost living of Zichuan and the whole Zibo area is among the lowest in East China-the most prosperous region in China. Housing costs are still on a reasonable level along of the development of the economy. Housing prices of it is the third or forth-highest of the five districts in Zibo.
Read more about this topic: Zichuan District
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)