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Yantai Economic and Technological Development Zone is one of the earliest
approved state level economic development zones in China. It now has a developed
area of 16 square kilometers and a population of 115,000.
Geographic Location
The Yantai Economic & Technological Development Area (YEDA) lies on the
tip of the Shandong Peninsula facing the Yellow Sea. Beijing and Dalian
are to its north across the sea, and to its south there are Shanghai and
Qingdao. To the east there are South Korea and Japan. It adjoins to downtown
Yantai, merely 6 kilometers away from Yantai Port, 6 kilometers away from
Yantai Railway Station, and a 30-minute drive to Yantai International Airport.
Climate
The average annual temperature is 12.5 centigrade, with the lowest
record at -13.1 centigrade and the highest at 38 centigrade. The average
annual rainfall is 737 millimeters. Because of its location, Yantai has
rich tourist resources.
Road and Highways
No. 206 State
Highway from Beijing to Yantai and the freeway from Tongjiang, Heilongjiang
Province, to Sanya, of Hainan Province, pass through the Development Area.
Railway Network
Yantai Railway Station reaches out onto the national railway network. And under construction
now are the Dezhou-Yantai Railway along the Bohai Sea coast, and the Yantai-Dalian
ferry railway.
Harbor and Facility
Yantai Port is one of the top 10 hub ports of China.
There are 15 100,000-ton berths in the port, directly accessing to more
than 100 ports all over the world.
Airport Transportation
Yantai International Airport
operates 35 international and domestic air routes with 127 flights per week.
Human Resources
In Yantai there are 7 universities and colleges, and 91
secondary technical schools.
Industrial Structure
The core industries in YEDA include machinery, equipment, automobiles and parts, electronics and
information, artificial fibers and textiles, food processing, refined chemicals,
and bio-pharmaceutics. YEDA has become China's biggest manufacture base
of vehicle parts and accessories, of diggers and excavators, of chips and
boards, of polyurethane fibers, and of third-generation mobile telecommunication
chips and accessories.
Investment Priorities Priority
will be given to industrial and manufacturing projects and proposals, to
foreign investments, to commodity export efforts, and to high-tech
programs. Highlights shall be passenger cars, machinery, electronics and
information, refined chemicals, medicine and medical products,
bioengineering, textiles and garments, food processing, building materials.
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